President Bush will host the first ever financial summit of the G-20 on November 15, 2008 in Washington to discuss the current global financial crisis which threatens the economic and political stability through out the world. The crisis comes on the heels of an economic crisis in the global economy in the first half of 2008 which was characterised by a record level of oil prices, global food shortages, high inflation and rising inflation in most countries.
Russian military operations in Georgia and the finalisation of agreement between the US and Poland on the stationing of missile interceptors in Poland are two developments that are likely to have far-reaching but adverse impact on Russia’s relations with the West.
On the face of it, India and NATO are poles apart. NATO is a military alliance. India is a non-aligned country with an independent foreign policy. Any engagement between India and NATO is, therefore, problematic.
The article argues that India does not have a well-defined neighbourhood policy. It makes a historical survey of the approaches of different Indian leaders to the neighbourhood and examines the reasons for the prevailing negative perceptions about India in the region. It argues that these negative perceptions have come about because India has largely adopted an ad hoc and bilateral approach vis-à-vis its neighbours and has allowed its policy to be guided by an overarching concern for security. In recent years, India's approach has changed considerably.
