Today, if at all any two big powers share territories and conduct trade mutually beneficially and they do not have any serious problems, then, Russia and China fit the bill. The bilateral ties between two veto members and former communist states in Europe and Asia have been improving tremendously.
US President Donald Trump is set to meet with his Russian counterpart President Vladimir Putin at next week's G20 summit in Hamburg, Germany amid investigations into Russian interference in the 2016 election and possible collusion between Trump's campaign and the country's officials.
Indian PM Modi is in news again with a new economic project called GST. GST could mean two big things, one: Global State terrorism and two, Goods and Services Tax. While Indians are still struggling with the impact of demonetization, the Modi government has come out with yet another shock called GST.
The theory of Good Governance (GG) relies on the belief an effective government builds upon the criteria of transparency and accountability. Moreover, government brings together the formal institutions of the state and their monopoly of legitimate coercive power (Stoker, 1998). The post-colonialism era left many states in a situation of civil war, bankruptcy and corruption, where an alliance of elites controlled the country’s main resources and wealth, which led to persistent inequalities and divisions within a country (Henderson, Stalker, 2000).
Authors: Himal Neupane & Wang Li