Friday, July 28, 2017

Factroing Japan in investment strategy

"Most of us spend too much time on the last twenty-four hours and too little on the last six thousand years."
—Will Durant (American, 1885-1981)
Word for the day
Autarky (n)
The condition of self-sufficiency, especially economic, as applied to a nation.
A national policy of economic independence.
Malice towards none
Other things aside, one thing is very clear - most experienced Indian politicians are thick skinned and shameless!
First random thought this morning
In popular perception, both PM Narendra Modi and CM Nitish Kumar have an image of honest and development oriented administrator.
It is for the first time they have joined hands.
It would be interesting to see if this holy union metamorphoses Bihar out of BIMARU status and in the league of MP and Jharkhand at least.
Would also be interesting to see, whether it is the end of the road for Lalu Yadav, or he will rise again like a phoenix.

Factroing Japan in investment strategy

10years ago in September 2007, a Japanese think tank, The Policy Council of the Japan Forum of International Relations (JFIR), made its 29th Policy Recommendations. The recommendations were aptly titled 'India's Leap Forward and Japan".
The policy recommendations were drawn up on the basis of the considerations like the traditional Indo-Japan economic and cultural relations, paradigm shift in India's economic policy since 1991, India's dire need for infrastructure investment and risk capital, and status of India as the largest recipient of Japan's official development assistance (ODA).
The objective of policy recommendations was to influence the policies which Japan should develop vis-รก-vis India, considering India's political and economic realities at that time, in order to make most of India's potential as a driving force for prosperity in Asia.
The group made the following 10 recommendations:
 
 
 
In past one decade, these recommendations have broadly guided the engagement of respective governments and businesses in India and Japan. The contours of these relations are build on strong foundations of mutual trust and benefits, and are regardless of the government or persons at the helm at a given point in time. Nonetheless, the bonhomie between the two incumbent prime ministers has certainly helped in smoothly advancing the agenda and further strengthening the ties.
In fact, the new phase in Indo-Japan ties started in 2011 with signing of a bilateral free trade agreement (FTA).
In recent months, Japanese portfolio investment in India have also accelerated and may have played a material role in rise in prices of Indian equities and bonds. Given the potential size of the Japanese investments that could possibly flow into Indian markets, it is therefore important to factor in the rudiments of the relationships between two countries in the investment strategy.....to continue next week
 

No comments:

Post a Comment