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  • Author: Hardeep.S Puri
  • Publication Date: 02-2017
  • Content Type: Research Paper
  • Institution: Carnegie Endowment for International Peace
  • Abstract: India faces significant challenges in the area of trade policy— the global economic slowdown, increasing protectionism, the stalled mega-trade deals that could in time be revived, and perhaps more important, its own domestic preoccupations. For India to achieve its policy objectives, the government and industry, particularly the manufacturing sector, must prepare for opportunities and greater engagement in an evolving multilateral trade arena. India’s priorities should include taking policy measures to conform to global standards and supporting the World Trade Organization (WTO) to relaunch multilateral negotiations.
  • Topic: International Trade and Finance, Global Markets, Global Political Economy
  • Political Geography: India
  • Author: Rajni Bakshi
  • Publication Date: 07-2016
  • Content Type: Research Paper
  • Institution: Gateway House: Indian Council on Global Relation
  • Abstract: Indian business—perhaps even society at large—is currently buoyed by the expectation that we are entering a period of sustained economic growth that might finally make poverty a problem of the past. In this context, it might seem counter-intuitive to draw attention to the possibility of a decelerating global economy and projections about reversals in human well-being. However, there is mounting evidence to show that the prevailing models of economic growth cannot continue unchecked to the end of the 21st century. Apart from the truism that infinite growth is not possible on a finite planet, the accelerating impacts of climate change are set to play havoc with a reliable supply of many natural resources—including food. Unless growth is redefined, degrowth will be forced upon the global economy, as a consequence of chaotic instability in eco-systems and due to the brittleness of political, social, and economic systems
  • Topic: Global Recession, Reconstruction, Reform, Global Political Economy
  • Political Geography: India, Global Focus