Courtesy: East Asia Forum
Most multilateral and plurilateral institutions have lost their significance and ability to shape the trajectory of international relations today. The G7 is no exception. It is impacted by the shift of power from the Atlantic to the Pacific, and an intra-Atlantic rift. The G7 discussions reflected this. More positive were the sideline discussions on repairing the India-Canada bilateral.
Courtesy: News Arena India
Canadian Prime Minister Carney can use the upcoming G7 summit he is hosting to advance the North-South dialogue and cooperation and also to discuss the strained bilateral with India. India can articulate the viewpoint of the Global South, stressing its conviction that the G7 is better served by constructively working with developing and emerging economies.
Courtesy: Gateway House
Geopolitics is increasingly intertwined with the economic destiny of South Asia. Even before the U.S. tariffs were rolled out, growing polycrises had hit the global economy, which has been struggling since the pandemic. South Asia seems a relatively bright spark of regional trade and growth. This paper analyses South Asia’s trade architecture in the backdrop of a sluggish world economy in the 2020s, and makes recommendations for closer regional economic integration.
Courtesy: Gateway House
Over two centuries, the U.S. has amassed vast economic powers across the globe during and after the two World Wars , and sanctions slowly became an effective tool it used to achieve its foreign policy goals, becoming the global emperor of sanctions.
Courtesy: Körber-Stiftung
The world is undergoing profound transformations that are not being driven only by the United States, China or Russia. Small and medium-sized States are carving out a legitimate place for themselves in the emerging new order. This second edition of our annual Emerging Middle Powers Report is a reminder that the signs of the times are showing a new momentum for middle powers.
Courtesy: AFP
February 1 marks four years of the military coup in Myanmar, which plunged the country into a bloody civil war, still on-going. The crisis is deepening, as the struggle between the Junta forces and a fragmented resistance wages on with no resolution in sight. A stalled mediation by ASEAN, and lack of consensus amongst neighbouring countries on how to help, leaves Myanmar’s future uncertain.
Courtesy: Reuters
Two important conclaves held in December 2024 - a Politbureau meeting and the Central Economic Work Conference – set the tone for China’s economic focus in 2025. The economy needs a resurgence, given the domestic environment of low spending and the external threat of high tariffs – the outcome of swapping development for security. In 2025, China’s mandarins will try and find a balance between the two.
Courtesy: UNESCO
India and China are the world’s most populous countries, with much in common and much divergence. Reform, discipline, long-term thinking and scale brought China to its present near first-world conditions; India is accommodative with its democracy, cultural diversity and all-round religiosity to achieve development, wealth creation, cultural preservation and self-respect. There’s a great deal that the two Asian giants can learn from each other.
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There is much discussion these days on the world order and the continuation or demise of the current format. To understand why this powerful agglomeration of states and rules is now being questioned, it is necessary to understand the role of China, its co-option of the institutions and rules of the world order, and the parallel order it is creating centred around itself.
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The foreign policy of the new government in India will likely be a continuum from previous years. But as election outcomes in other parts of the democratic world witness a transformation, India should prepare for flexibility in its policy – and keep up its guard.