Amit's Blog

The West's Post-Cold War Mirage: Miscalculations, Shifting Alliances, and the Rise of a Multipolar World   The end of the Cold War in 1991 was hailed as the triumph of liberal democracy and market capitalism, ushering in an era of unipolar American dominance. Western leaders, buoyed by Francis Fukuyama's "End of History" thesis, assumed that former adversaries like Russia and China would inevitably converge toward Western models through economic interdependence and institutional integration. This optimism drove policies such as NATO expansion, China's WTO accession, and a "peace dividend" that reduced military spending in favor of global trade. However, these calculations overlooked deep-seated nationalisms, security anxieties, and the potential for authoritarian resurgence. By 2026, the world has fractured into multipolar realities: a resurgent Russia allied with China, challenging Western sanctions; India navigating strategic autonomy amid U.S. tar...

Strategic Gold Accumulation: Comparative Analysis of Poland, India, and China's Central Bank Policies   In an era marked by geopolitical tensions, economic volatility, and shifting global power dynamics, central banks in emerging economies have increasingly turned to gold as a cornerstone of reserve management. Poland, India, and China exemplify this trend, each pursuing aggressive accumulation strategies to enhance financial sovereignty, hedge against risks, and diversify away from dollar dominance. Over the 2023-2025 period, these nations added hundreds of tonnes to their holdings, reflecting broader de-dollarization efforts amid uncertainties like the Ukraine conflict and U.S. sanctions. This article delves into their historical contexts, rationales, metrics, and implications, highlighting distinct yet interconnected approaches.   Historical Evolution of Gold Strategies The transformation of gold's role in central bank reserves has been profound, particularly for ...

Echoes of Empires: The US-China Rivalry and the Battle for Global Order in the 21st Century This article traces the historical contrast between Dutch commercial extraction and British institutional empire-building, revealing enduring patterns of power. The Dutch prioritized short-term profit, restricted language and education, and left minimal cultural legacy in Indonesia, while the British created lasting administrative, legal, and linguistic frameworks across their colonies. These historical lessons illuminate today’s defining contest: the US-China rivalry. The United States defends a global “operating system” anchored in oceanic security, deep alliances, institutional stickiness, technological leadership in AI and semiconductors, and the dollar’s still-dominant status. China, leveraging one-party continuity and long-term planning, pursues systemic patience through the Belt and Road Initiative, technological self-sufficiency, and gradual de-dollarization—yet remains constrained b...