Localising Globalisation in the Bay of Bengal: The Indian Imperative
Growing economic protectionism and recurrent geo-economic and geo-political tensions in recent years are testing the resilience of the global economic order. Erstwhile proponents of globalisation such as the United States and the European Union are themselves recoiling from the global value chains that are over-reliant on China. As the localisation of goods and services has become more critical, it calls to question the viability of a globalised