India’s recently elected Prime Minister Narendra Modi just enjoyed a very successful visit to the United States. Modi, who is the head of the Bharatiya Janata Party (BJP), is a very different kind of leader than those of the ousted Congress Party. He appears to be substantially pro-foreign investment and in favor of market-based reforms to improve his nation’s welfare.But for Modi to jumpstart India’s economy, a new balance of power must emerge in Asia. As the world’s most powerful democracies, India and the United States should consider developing an alliance. A mutual defense treaty could maintain regional peace and …read more
Source: American Enterprise Institute for Public Policy Research