Business Standard

Sunday, January 12, 2025 | 11:17 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Globalisation, old and new: What changing world order means for India

Globalisation is morphing as new agendas come into focus. These now drive action on climate change, taxation of global companies, tackling terrorism, sharing vaccines and the like, writes T N Ninan

Image
Premium

T N Ninan
Some of the traditional forms of globalisation (the free movement of goods, money, people, etc) are in partial retreat, but globalisation is morphing as new agendas come into focus. These now drive action on controlling climate change, taxation of global companies, tackling terrorism, sharing vaccines and the like. Cross-border problems in a more integrated world are forcing countries to come together, even as elements of traditional globalisation lose traction. The old globalisation was essentially good for India. The new globalisation could be a mix of good and bad news.
 
Global trade, for instance, has begun growing slower than global
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in