ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Russia and the East

We Shall be Masters, Russian Pivots to East Asia from Peter the Great to Putin by Chris Miller, Cambridge, Massachusetts: Harvard University Press, 2021; pp 384, $29.95 (hardcover).

Quad and Quasi-alignment with the United States

The long-term costs of quasi-alignment with the United States need to be assessed by the Government of India.

Is AUKUS is driven by strategic concerns or entrenched interest of military industrial complex?

AUKUS—the new trilateral security arrangement between the United States, Australia, and the United Kingdom has increased the chances of a split in the transatlantic alliance by making a clear distinction between the roles of the maritime and continental spheres. The military pact has reduced the military role of Quad in the Indo–Pacific. A ruptured West and a weak Quad are likely to make China and Russia happy.

A Political Assessment of the Parties and Mechanisms Involved in the South China Sea Dispute

The Politics of South China Sea Disputes by Nehginpao Kipgen, London and New York: Taylor and Francis Group, Routledge, 2020; pp 148, ₹ 695.

Japanese Occupation of Nicobar Islands

Primarily based on archival research, especially an unpublished diary of Nicobarese stalwart leader John Richardson, this article gives a glimpse of the sufferings that the Nicobarese endured under the Japanese colonial regime during World War II. The regime exposed the indigenes to war, slavery, torture, and executions. At the same time it engendered leadership in the Nicobar Islands which consolidated these historically isolated people into a community and ended their prolonged economic and sexual exploitation.

The ‘Quad’ Again

In the name of a “rules-based order,” Australia, India, and Japan support US dominance of the Asia–Pacific region.

India's War for the Empire

India's War: The Making of Modern South Asia 1939-1945 by Srinath Raghavan, New Delhi: Allen Lane, 2016; pp xvii+554, ₹699.

Indo-Japan Memorandum on Civil Nuclear Cooperation

India and Japan have reportedly reached a preliminary understanding to sign a civil nuclear cooperation agreement after certain technical details are finalised. However domestic politics of Japan, anti-nuclear groups and India’s reluctance to join the Nuclear Non-proliferation Treaty are some of the concerns that would have to be addressed before the deal is finalised.

Ties That Might Bind

The official relationship between India and Japan has now been elevated to a "global" and "strategic partnership." Understanding this qualitative leap in India-Japan ties is less easy than it looks. An origin story of the India-Japan relations explains how its state today is a reflection of the way Japan has changed in the last half a century.

Japan, the United States and Yasukuni Nationalism

This paper considers the Yasukuni Shrine, Japanese war memory and representation in relationship to contemporary nationalism and its implications for the future of the Asia-Pacific. It emphasises three aspects about the "Yasukuni Problem" and contemporary nationalism that are absent in much of the discussion in Japan, the Asia-Pacific and internationally. The first is the need to transcend an exclusively Japanese perspective by locating the issues within the framework of the Japan-US relationship. The second locates war nationalism in general, and Yasukuni in particular, within the broader purview of competing nationalism in the Asia-Pacific. The third recognises deep fissures among the Japanese people with respect to Yasukuni, nationalism and the emperor in whose name Japan fought, and memories of colonialism and war.

Explaining the Japanese Enigma

Japan by Yamaguchi Hiroichi; National Book Trust, W New Delhi, 2006; pp 198, Rs 50.

Deflation, Devaluation and Employment

For the first time since the 1930s there is an apprehension that, following Japan, the United States and the euro-zone of Europe are likely to enter a state of deflation that entails a vicious circle of falling prices, lower income and fewer employment. To meet the challenge the US Federal Reserve Board has adopted a policy of reducing interest rate to almost zero. This note argues that the Fed policy of almost-zero interest rate tilts the factor-price ratio severely against labour vis-Ã -vis capital. In a regime of zero interest rate the economy would minimise the use of labour, replacing it by capital as far as possible. The professed goal of attaining the 'potential output' that means full employment, inter alia, will be defeated by the very policy that seeks to close the 'output gap'. This note constructs an alternative or additional policy to combat deflation. It also alerts third world countries that America and Europe may resort to competitive devaluation in order to export their deflation to third countries.

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