From “Non-Alignment” to “Multi-Alignment”: India’s Place in the Global Order

India–U.S. Trade Relations and Historical Context / Sticking Point: 20% Baseline Tariff and Market Access / Agriculture as a Politically Sensitive “No-Go” Area / “Make in India”: Progress and Challenges / Tilting Toward China or Strategic Non-Alignment? / Trump’s Misunderstanding of India / India’s Position on Russian Energy Demand / Tariff Damage and India’s Position in BRICS / Multi-Alignment: Engagement Without a Military Alliance / Two Scenarios: 20% Deal With the U.S. vs. Closer Ties With China and Russia / State of Play: Quiet Talks and the HIRE Act’s Risk to Services / Third Path: UK–India Deal and EU–India FTA Progress / India’s Long-Term Gains / Japan’s Role: PM Modi’s Visit to Tokyo

 

 

full video is here
Index Index
Andrew Capistrano Visiting Research Fellow
Andrew Capistrano is Director of Research at PTB Global Advisors, a Washington DC-based geopolitical risk consulting firm. Specializing in economic competition between the US/EU and China, he analyzes how trade, national security, and industrial policies impact markets, and his firm’s clients include Japanese corporations and government agencies. He previously worked in Tokyo at the US Embassy’s American Center Japan and as a research associate at the Rebuild Japan Initiative Foundation / Asia-Pacific Initiative. Dr Capistrano holds a BA from the University of California, Berkeley; an MA in political science (international relations and political economy) from Waseda University; and a PhD in international history from the London School of Economics. His academic work focuses on the diplomatic history of East Asia from the mid-19th to the mid-20th centuries, applying game-theoretic concepts to show how China's economic treaties with the foreign powers created unique bargaining dynamics and cooperation problems. During his doctoral studies he was a research student affiliate at the Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD) in London.
View Profile
Manish Sharma Visiting Research Fellow
Manish Sharma is an ex-investment banker, with over two decades of experience spanning academia, consulting, think tank and corporate finance. His academic journey includes research and teaching positions at renowned institutions including Jawaharlal Nehru University, University of Tokyo, London School of Economics, and Doshisha Business School. Currently, he is an associate professor of economics, at Hosei University in Tokyo. Until 2012, Dr. Sharma served as Director (M&A) in the Corporate Finance Department at Daiwa Capital Markets' Tokyo headquarters, providing strategic financial guidance to major corporations. He subsequently transitioned to full-time academia, bringing his extensive practical knowledge to universities across Asia. His other notable experiences include 13 years of radio newscasting with NHK World, and running an investment advisory. His teaching and research interests cover Indian/ASEAN markets, tech sector, corporate finance, investments, valuation, geoeconomics and day-trading. Dr. Sharma holds a Ph.D. in Financial Economics.
View Profile
List of Research
List of Research Activities
Researcher Profile
Andrew Capistrano

Visiting Research Fellow

Andrew Capistrano is Director of Research at PTB Global Advisors, a Washington DC-based geopolitical risk consulting firm. Specializing in economic competition between the US/EU and China, he analyzes how trade, national security, and industrial policies impact markets, and his firm’s clients include Japanese corporations and government agencies. He previously worked in Tokyo at the US Embassy’s American Center Japan and as a research associate at the Rebuild Japan Initiative Foundation / Asia-Pacific Initiative. Dr Capistrano holds a BA from the University of California, Berkeley; an MA in political science (international relations and political economy) from Waseda University; and a PhD in international history from the London School of Economics. His academic work focuses on the diplomatic history of East Asia from the mid-19th to the mid-20th centuries, applying game-theoretic concepts to show how China's economic treaties with the foreign powers created unique bargaining dynamics and cooperation problems. During his doctoral studies he was a research student affiliate at the Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD) in London.

View Profile
Researcher Profile
Manish Sharma

Visiting Research Fellow

Manish Sharma is an ex-investment banker, with over two decades of experience spanning academia, consulting, think tank and corporate finance. His academic journey includes research and teaching positions at renowned institutions including Jawaharlal Nehru University, University of Tokyo, London School of Economics, and Doshisha Business School. Currently, he is an associate professor of economics, at Hosei University in Tokyo. Until 2012, Dr. Sharma served as Director (M&A) in the Corporate Finance Department at Daiwa Capital Markets' Tokyo headquarters, providing strategic financial guidance to major corporations. He subsequently transitioned to full-time academia, bringing his extensive practical knowledge to universities across Asia. His other notable experiences include 13 years of radio newscasting with NHK World, and running an investment advisory. His teaching and research interests cover Indian/ASEAN markets, tech sector, corporate finance, investments, valuation, geoeconomics and day-trading. Dr. Sharma holds a Ph.D. in Financial Economics.

View Profile