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
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