{"id":282342,"date":"2024-02-12T20:06:34","date_gmt":"2024-02-12T14:36:34","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=282342"},"modified":"2024-02-12T20:06:34","modified_gmt":"2024-02-12T14:36:34","slug":"india-could-help-shape-a-whole-new-global-consensus","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/india-could-help-shape-a-whole-new-global-consensus\/","title":{"rendered":"India could help shape a whole new global consensus"},"content":{"rendered":"<p><strong>Source:<\/strong> This post has been created based on the article <strong>\u201cIndia could help shape a whole new global consensus\u201d<\/strong> published in <strong>\u201cLive Mint\u201d<\/strong> on 12<sup>th<\/sup> February 2024.<\/p>\n<p><strong>UPSC Syllabus Topic: <\/strong>GS Paper 2 International Relations &#8211; Important International institutions, agencies and fora- their structure, mandate.<\/p>\n<p><strong>News:<\/strong> The article discusses the events shaping global geopolitics and the role India can play in evolving a new global consensus.<\/p>\n<p>Read about<strong> India at Davos 2024<\/strong> <a href=\"https:\/\/forumias.com\/blog\/india-at-davos-2024-at-world-economic-forum-how-india-made-a-mar\/#gsc.tab=0\">here<\/a>.<\/p>\n<p>World leaders had expected an economic order shaped by hyper-globalization &#8211; a world where conflicts would become marginal thanks to increased economic interconnectedness, global identities, and where global institutions would effectively mediate inter-state challenges.<\/p>\n<p>But today\u2019s world is being shaped differently by the forces of geopolitics in various ways.<\/p>\n<h2><strong>What are the events shaping global geopolitics today?<\/strong><\/h2>\n<ol>\n<li><strong> Ukraine war<\/strong><\/li>\n<li><strong>Israel-Hamas conflict<\/strong><\/li>\n<li><strong>Threats to sea-lanes<\/strong> that are critical for global trade.<\/li>\n<li><strong>China challenge<\/strong><\/li>\n<li><strong>Strategic ties between the West and China<\/strong> are destabilized.<\/li>\n<li><strong>Pandemic and its aftermath:<\/strong> It has alerted nations to the need for self-reliance in critical sectors and minimal exposure to supply chains overseas.<\/li>\n<li><strong>Disenchantment with globalisation: <\/strong>Energy prices have gone up, with hopes of a global economic recovery again doubtful.<\/li>\n<li><strong> Rising Prominence of the Global South: <\/strong>It is the Global South that is likely to drive global growth in the coming years, with India being one of the top performers.<\/li>\n<\/ol>\n<p>It is, therefore, imperative for the developing world to have this reality better reflected in the agenda of platforms such as the World Economic Forum.<\/p>\n<h2><strong>How is India better placed to provide leadership?<\/strong><\/h2>\n<p>1) <strong>India\u2019s Rising Stature: <\/strong>India is in a geopolitical and geo-economic sweet spot. The developed world looking inwards, and China\u2019s aggressiveness has led to a leadership vacuum that needs to be filled.<\/p>\n<p>2) <strong>Significant Presence at Davos Summit: <\/strong>India\u2019s significant presence at Davos this year underlined India\u2019s willingness to project its growing economic heft, innovation and tech.<\/p>\n<p>3) <strong>Trust-based Relations: <\/strong>India\u2019s ability to craft trust-based partnerships with multiple players at the same time is a sign of its self-confidence and the trust of others to bet on India at a time of geopolitical turmoil.<\/p>\n<p>From climate and energy transitions to the regulation of artificial intelligence, the role of the Global South and nations such as India should be critical. India should evolve a new consensus that could challenge the old Davos Consensus.<\/p>\n<p><strong>Question for practice:<\/strong><\/p>\n<p>What are the events shaping global geopolitics today? Why is India better placed to provide leadership in such times of geopolitical turmoil?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: This post has been created based on the article \u201cIndia could help shape a whole new global consensus\u201d published in \u201cLive Mint\u201d on 12th February 2024. UPSC Syllabus Topic: GS Paper 2 International Relations &#8211; Important International institutions, agencies and fora- their structure, mandate. News: The article discusses the events shaping global geopolitics and&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/india-could-help-shape-a-whole-new-global-consensus\/\">Continue reading <span class=\"screen-reader-text\">India could help shape a whole new global consensus<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,1235],"tags":[212,239,10506],"class_list":["post-282342","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-international-relations","tag-gs-paper-2","tag-international-relations","tag-livemint","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/282342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=282342"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/282342\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=282342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=282342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=282342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}