The contours of globalisation are being reshaped. The Brexit vote and the election of Donald Trump mark a strong anti-globalisation sentiment even as leaders in China, India and Russia successfully marry nationalist rhetoric with a cleverly crafted overseas strategy, premised on the very tenets of globalisation. There seems to be a ‘pause’ in the unbalanced progress of globalisation of the last three decades—and this could have many positive outcomes
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The year 2016 is the year of the divided electorate, so close were some of the election outcomes. Deep divisions lurk within voters coming from ostensibly “liberal” political cultures. The trend looks set to continue in the elections that will be fought in dozens of countries in 2017, where the votes could also be divided. Gateway House analyses these results through this infographic
Brexit has put Prime Minister Modi in the driving seat for negotiating a better trade deal for India with the UK--and the EU
The French city, bordering the English Channel, is a symbol of the tension between Paris and London and the crisis in Europe as a whole. The dismantling of one refugee outfit here just made an already thorny issue pricklier.
In the aftermath of Brexit, the recently concluded NATO Summit highlighted the emerging asymmetry between NATO and the EU on their respective policy positions towards Russia. Has the expansion of NATO and the EU to absorb Eastern Europe, and the consequent large migration flows, been responsible for the visible cracks within the Europe?
The result of the Brexit referendum is nothing less than a body blow to Bretton Woods organisations, International Monetary Fund-North Atlantic Treaty Organisation (NATO)-World Bank, that originated at the end of the Second World War. The possibility of an Asian century becomes more feasible, if India can be nimble enough to make the most of the opportunity which has presented itself in Europe.
The message from Brexit is simple: the post-second world war financial, trade and industrial order and security arrangements that developed around Bretton Woods, have passed their expiry date. This is the time for countries, regional unions and global institutions to reform themselves – putting people instead of regulations and strategic objectives at the centre of their decision-making.
As the referendum on the UK’s membership of the EU draws near, predicting the outcome remains difficult. While the potential impact of Brexit on the UK has been discussed at length, a vote to stay in the EU could have implications for the UK’s domestic political situation as well as its future relationship with the EU.
On June 23, the United Kingdom will vote on whether they wish to remain a part of the European Union through the Brexit vote. The debate surrounding the vote has spurred many a heated and emotional debate. While the Indian government has not declared anything publicly - remaining in the EU would be beneficial to Indian businesses.
Discussions at the Global Security Forum 2016 at Bratislava, Slovakia were reflective of some of the most pressing contemporary global security concerns; differences between NATO and Russia, the rise of China, turmoil in Iraq and Syria etc.