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Several challenges and threats may hinder achieving two percent growth for the world economy. For instance, the plans of IMF and Central Bank to raise the interest rate are likely to result in wiping out efforts to achieve the target. Also the investment is witnessing lower volatility.
The COVID19 pandemic has impacted the rich and developed countries. It has reiterated the importance of effective and adequate primary healthcare faci
The slowdown in the Chinese economy due to the recent surge has made the global economy quite vulnerable
Prof. Arvind Panagariya of Columbia University argues that India has not actually emerged, as US President Barack Obama said during his visit to India, but it is in fact rising. He presented his assessment about India as a rising power during a discussion at ORF.
It is four years since Observer Research Foundation launched an exclusive South Asia Weekly, with scholars specialising in individual nations of the region presenting a weekly report of individual countries with their assessments.
In 2024, an increasingly volatile world will define the state of the global economy
Instead of seeing it as just another step forward for telecommunications, states must also view 5G’s strategic technology as critical national infra
BIMSTEC’s recent initiatives of strengthening institutional mechanisms are indeed a start but the road ahead is long if not arduous
Due to unprecedented global crises, progress in bridging the gender divide has stagnated
Chinese President Xi Jinping has called on Apec nations to play a leading role in global economy, which faces challenges and uncertainty and other roundups
China's export of cheap clean energy equipment is a public good as relatively poor countries can now afford large clean energy projects
The complex risks associated with climate change pose a threat to the global economy. Thus, it is crucial for regulators to proactively manage these r
To take advantage of their favourable demographic transitions over the coming decades, the developing and least developed countries (LDCs) need to add
Like any other country Indian economy is dealing with a once-in-a-lifetime tectonic disaster.
Regulators around the world must address the faultlines in newer technology-led concepts like crypto that can reshape the global economy
In India, although a complete overhaul of the trade invoicing system is not feasible, de-dollarisation can be complemented with the internationalisati
With its current status as the seventh largest global economy, but only the twentieth largest goods exporter — the extent to which India will benefi
The agenda hosts Turkey has set for the G20 summit is undoubtedly overloaded. But, to achieve good results, it would make sense for global leaders to focus on the most pressing regional issues affecting the global economy in general and Asia in particular, before the next summit in China in 2016.
One can see the problem of illicit financial flow in a narrow view in terms of loss of tax revenue, but the more often missed out perspective is that these illicit flows create imbalances in the global economy that upset the efficiency of capital. Illicit financial flows cannot be curtailed without the collaborative effort of both developing as well as developed countries
Cutting oil and gas out of the climate conversation won’t work because – like it or not – they will underpin the global economy for years to come
India is assuming the leadership of SCO and G20. While the two groupings have divergent goals, Delhi will need to ensure that the concerns of developing nations are not ignored. An assertive foreign policy that seeks to shape and steer conversations will help
Active work must be done to ensure that those without digital access are not left behind
The idea of the 'global village', the efforts to create a global economy and emerging global digital marketplace, are all likely to be impacted if nations and communities do not find it within themselves to agree to norms and laws that would apply to this realm.
Iran views its BRICS membership as a foreign policy success, however, whether this move will translate into long-term benefits remains to be seen
Russia will wait and watch to see the impact of winter on Western public opinion, and Ukraine is counting on its battlefield gains to secure a lasting momentum. That the West is getting restless about Ukraine's position is evident from the backchannel negotiations between the US and Russian officials.
In the backdrop of President George Bush's forthcoming visit next month and India's closer integration with the global economy, we need to start paying greater attention to the US economy, which has effectively functioned as the sole engine powering the global economy for the past decade and a half.
The global macroeconomy has undergone unprecedented change in recent years, particularly because of the COVID-19 pandemic. While the G20 had an effective coordinating role in steering the global economy through the 2008 global financial crisis, its role in engineering an inclusive and sustainable recovery from the pandemic has been more mixed. Incomes in the advanced G20 economies are on track to return to pre-pandemic levels by end-2022 but have
The Finance Minister, P Chidambaram, managed to present a fairly balanced Union Budget. There were no big unforeseen surprises and it was relatively measured given that we are in a pre-election year. It is hard to ignore that the global economy continues to be in turmoil.
Pyongyang’s recent live-fire drills could set in motion a series of events with far-reaching consequences for regional stability, diplomacy, and the
The Russia-Ukraine war has raged for over 10 months now, and the expectation of an easy Russian walkover over Ukraine has been belied. The war is witnessing strong and determined resistance from the Ukrainian forces, with the support of Western countries through arms and other forms of aid, and sanctions against Russia. This report explores how sanctions are used in modern diplomacy and warfare, and their impact on the Ukraine war and the global
Against the backdrop of near failure of the World Trade Organisation's Doha Round, the FTAs with Asean in goods as well as in services and investment is expected to further help the integration of the Indian economy into the global economy. The pact with Asean also presents India with an opportunity to revive its own GDP growth.
The year 2024 is poised to be a period of significant transformation, characterised by extensive changes on both domestic and international fronts
Where China and India indicate conspicuous commonalities, aim for similar objectives and reflect identical challenges — exploring Sino-Indian partne
In a constantly-evolving discourse and a politically and economically disruptive world, new ideas will demand a greater control over Modi’s actions.
It needs to be understood that no policy for supply chain resilience will be complete without accounting for China as a supplier in the short term
The Eastern Corridor is a crucial highway for global trade flows, where any disruption could severely affect the global economy. The route comprises some of the world’s most vulnerable Sea Lanes of Communication (SCLOs), with potential flashpoints such as the South China Sea. For years, these SLOCs have been characterised by tensions in South Asia and Southeast Asia; the more recent years are seeing a heightening of both intent and capacity for
India’s Digital Public Infrastructure (DPI), known as India Stack, has not only had a profound impact on the country’s economy but also has potential significance for global economic integration. This brief elucidates how this framework has facilitated financial inclusion, spurred innovation, and propelled economic growth in India. It highlights the foundational role of the India Stack in transforming the country’s financial landscape, and
The sanctions imposed on Russia is weighing down the global economy as supply chains are affected.
The story of 2021 in the global economy will continue to be dominated by the pandemic — but examining these trends will help us understand the struc
