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	<title>Comments on: Russia&#8217;s Rouble Advantage</title>
	<atom:link href="http://indianeconomy.org/2007/09/24/russias-rouble-advantage/feed/" rel="self" type="application/rss+xml" />
	<link>http://indianeconomy.org/2007/09/24/russias-rouble-advantage/</link>
	<description>Issues &#38; insights</description>
	<pubDate>Fri, 29 Aug 2008 07:37:05 +0000</pubDate>
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		<title>By: Lawrence Summers</title>
		<link>http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-268481</link>
		<dc:creator>Lawrence Summers</dc:creator>
		<pubDate>Fri, 22 Aug 2008 20:25:57 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-268481</guid>
		<description>As the economies of the U.S., Europe and Japan all contract, China's dependence on export manufacturing places it in a position of extreme vulnerability: http://www.globalsecuritieswatch.org/PRC_Sovereign_Risk_Review.pdf</description>
		<content:encoded><![CDATA[<p>As the economies of the U.S., Europe and Japan all contract, China&#8217;s dependence on export manufacturing places it in a position of extreme vulnerability: <a href="http://www.globalsecuritieswatch.org/PRC_Sovereign_Risk_Review.pdf" rel="nofollow">http://www.globalsecuritieswatch.org/PRC_Sovereign_Risk_Review.pdf</a></p>
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		<title>By: Shantanu Chatterjee</title>
		<link>http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-263609</link>
		<dc:creator>Shantanu Chatterjee</dc:creator>
		<pubDate>Mon, 07 Jan 2008 12:25:03 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-263609</guid>
		<description>Benjamin Disraeli once said "we have no permanent friends only permanent interests" every major country but ours understands this.</description>
		<content:encoded><![CDATA[<p>Benjamin Disraeli once said &#8220;we have no permanent friends only permanent interests&#8221; every major country but ours understands this.</p>
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		<title>By: Harry</title>
		<link>http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-263593</link>
		<dc:creator>Harry</dc:creator>
		<pubDate>Sun, 06 Jan 2008 14:05:26 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-263593</guid>
		<description>India should according to its benefit. We should have a good relationship with Russia as it was the only friend who supported all the decades. but the Indian foriegn policy should see beyond Russia for Economic, Military, Industrial growths etc</description>
		<content:encoded><![CDATA[<p>India should according to its benefit. We should have a good relationship with Russia as it was the only friend who supported all the decades. but the Indian foriegn policy should see beyond Russia for Economic, Military, Industrial growths etc</p>
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		<title>By: The Indian Economy Blog &#187; Indo-Russian Relations Not “Special”… They Never Were</title>
		<link>http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-262567</link>
		<dc:creator>The Indian Economy Blog &#187; Indo-Russian Relations Not “Special”… They Never Were</dc:creator>
		<pubDate>Sun, 25 Nov 2007 10:20:11 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-262567</guid>
		<description>[...] its international stature. During the same time frame as the cryogenic engine fiasco, the &#8220;rupee versus ruble&#8221; debate flared up in Indo-Russian [...]</description>
		<content:encoded><![CDATA[<p>[...] its international stature. During the same time frame as the cryogenic engine fiasco, the &#8220;rupee versus ruble&#8221; debate flared up in Indo-Russian [...]</p>
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		<title>By: Pragmatic Euphony &#187; Blog Archive &#187; Indo-Russian relations Not “Special”… they never were</title>
		<link>http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-262566</link>
		<dc:creator>Pragmatic Euphony &#187; Blog Archive &#187; Indo-Russian relations Not “Special”… they never were</dc:creator>
		<pubDate>Sun, 25 Nov 2007 09:48:29 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-262566</guid>
		<description>[...] its international stature. During the same time frame as the cryogenic engine fiasco, the &#8220;rupee versus ruble&#8221; debate flared up in Indo-Russian [...]</description>
		<content:encoded><![CDATA[<p>[...] its international stature. During the same time frame as the cryogenic engine fiasco, the &#8220;rupee versus ruble&#8221; debate flared up in Indo-Russian [...]</p>
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		<title>By: Pragmatic Euphony &#187; Blog Archive &#187; Russian armtwisting continues</title>
		<link>http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-236825</link>
		<dc:creator>Pragmatic Euphony &#187; Blog Archive &#187; Russian armtwisting continues</dc:creator>
		<pubDate>Fri, 19 Oct 2007 08:53:42 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-236825</guid>
		<description>[...] The Indian relationship with Russia has a chequered history and the outstanding Rupee debt fund available to the Russians further queers the trade relationship. Time has come to jettison the six-decade old bilateral relationship, more so if does not serve Indian interests in the long run. By opening discussions on extending beyond 2010 their military cooperation pact, India is further tying up its future to a strategic relationship with this aggressive geopolitical player. If India doesn&#8217;t assert its independence and non-alignment now, the costs will be too heavy for the Indian establishment to bear in the future. [...]</description>
		<content:encoded><![CDATA[<p>[...] The Indian relationship with Russia has a chequered history and the outstanding Rupee debt fund available to the Russians further queers the trade relationship. Time has come to jettison the six-decade old bilateral relationship, more so if does not serve Indian interests in the long run. By opening discussions on extending beyond 2010 their military cooperation pact, India is further tying up its future to a strategic relationship with this aggressive geopolitical player. If India doesn&#8217;t assert its independence and non-alignment now, the costs will be too heavy for the Indian establishment to bear in the future. [...]</p>
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		<title>By: Pragmatic</title>
		<link>http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-230674</link>
		<dc:creator>Pragmatic</dc:creator>
		<pubDate>Thu, 11 Oct 2007 04:39:23 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-230674</guid>
		<description>@Nikhil / Ram,

Thanks for the encouraging comments. Let's wait and evaluate the economic costs of our changing geopolitical and strategic relationships. I also lament the lack of any serious discussion on the subject in our media and the blogosphere.</description>
		<content:encoded><![CDATA[<p>@Nikhil / Ram,</p>
<p>Thanks for the encouraging comments. Let&#8217;s wait and evaluate the economic costs of our changing geopolitical and strategic relationships. I also lament the lack of any serious discussion on the subject in our media and the blogosphere.</p>
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		<title>By: little Ram</title>
		<link>http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-228597</link>
		<dc:creator>little Ram</dc:creator>
		<pubDate>Sun, 07 Oct 2007 12:06:26 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-228597</guid>
		<description>Superb summary of the Russian connection and a good analysis of the policy alternatives too I must say!  Could we encourage you dwell some more on the alternatives open to us in future as well as the consequences of our choices?</description>
		<content:encoded><![CDATA[<p>Superb summary of the Russian connection and a good analysis of the policy alternatives too I must say!  Could we encourage you dwell some more on the alternatives open to us in future as well as the consequences of our choices?</p>
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		<title>By: Nikhil Nayak</title>
		<link>http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-225486</link>
		<dc:creator>Nikhil Nayak</dc:creator>
		<pubDate>Mon, 01 Oct 2007 18:45:36 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-225486</guid>
		<description>Pragmatic, where in heck did you come across this information?  It's been a while since my last visit to IEB and this is something very interesting.   For sure this is going to make the defence deals interesting.</description>
		<content:encoded><![CDATA[<p>Pragmatic, where in heck did you come across this information?  It&#8217;s been a while since my last visit to IEB and this is something very interesting.   For sure this is going to make the defence deals interesting.</p>
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		<title>By: The Acorn &#187; Russian armtwisting</title>
		<link>http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-221360</link>
		<dc:creator>The Acorn &#187; Russian armtwisting</dc:creator>
		<pubDate>Tue, 25 Sep 2007 07:34:55 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/09/24/russias-rouble-advantage/#comment-221360</guid>
		<description>[...] The immediate answer is that Russia is compelling India to award the US$10 billion tender for the purchase of multi-role fighter aircraft to Russian manufacturers. India&#8217;s overall defence technology relationship with Russia is worth a lot more, but this angle cannot be ruled out. But it is unlikely that Russia would have considered issuing such a threat in isolation to the emerging geopolitics in Central Asia. For it would be reckless, even for a hardball player, to issue a threat without insuring against the consequences of it failing to have the desired effect. So what is Russia counting on? Well, China. [...]</description>
		<content:encoded><![CDATA[<p>[...] The immediate answer is that Russia is compelling India to award the US$10 billion tender for the purchase of multi-role fighter aircraft to Russian manufacturers. India&#8217;s overall defence technology relationship with Russia is worth a lot more, but this angle cannot be ruled out. But it is unlikely that Russia would have considered issuing such a threat in isolation to the emerging geopolitics in Central Asia. For it would be reckless, even for a hardball player, to issue a threat without insuring against the consequences of it failing to have the desired effect. So what is Russia counting on? Well, China. [...]</p>
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