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Sunday, January 19, 2025 | 02:58 PM ISTEN Hindi

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Letter to BS: Global interdependence of economies cannot be wished away

We will require the very best in global leadership to be better prepared for the next inevitable universal cataclysm, be it natural disasters or man-made pandemics

National Disaster Response Force (NDRF) personnel distributes masks among migrants, who had set forth to their respective villages on foot, amid a nationwide lockdown in the wake of the pandemic, near Delhi-UP Border. Photo: PTI
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National Disaster Response Force (NDRF) personnel distributes masks among migrants, who had set forth to their respective villages on foot, amid a nationwide lockdown in the wake of the pandemic, near Delhi-UP Border. Photo: PTI

Business Standard
This refers to the editorial “Eco­nomies after Covid-19” (April 2). Now every nation, without exception, can be expected to be looking inward for the next four to six quarters in resetting priorities, policies and budgets. For the past two years, in one form or another, major economies have already been doing precisely that, be it America First or Brexit.

But the long-established global interdependence of economies cannot be wished away. This aspect will start asserting itself, sooner than later, on the hollow notion of economic sovereignty of nation states to then rediscover the value of international cooperation, be it of trade,

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