{"id":74688,"date":"2020-12-30T10:35:18","date_gmt":"2020-12-30T05:05:18","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=74688"},"modified":"2020-12-31T11:16:43","modified_gmt":"2020-12-31T05:46:43","slug":"need-for-gated-globalization-in-india","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/need-for-gated-globalization-in-india\/","title":{"rendered":"Need for Gated globalization in India"},"content":{"rendered":"<p><b><span data-contrast=\"auto\">Synopsis:\u00a0<\/span><\/b><span data-contrast=\"auto\">Post pandemic era will be giving rise to new world order and create uncertainties. India should use a \u201cGated Globalisation\u201d framework to handle this change.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Introduction<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The 3<\/span><span data-contrast=\"auto\">rd<\/span><span data-contrast=\"auto\">\u00a0decade of the 21<\/span><span data-contrast=\"auto\">st<\/span><span data-contrast=\"auto\">\u00a0century will witness\u00a0<strong>a multipolar world<\/strong>\u00a0and the rise of\u00a0<\/span><span data-contrast=\"auto\">this\u00a0<\/span><span data-contrast=\"auto\">New World Order\u00a0<\/span><span data-contrast=\"auto\">will be\u00a0<\/span><strong>driven by\u00a0reliability of partners,\u00a0national interest,\u00a0and economic<\/strong><span data-contrast=\"auto\"><strong>\u00a0factors<\/strong>.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">New developments are being witnessed with the development of vaccines. Nations are forging alliances for the vaccine supplies.\u00a0<\/span><span data-contrast=\"auto\"><strong>Trust factor<\/strong>\u00a0will also dominate these alliances as seen in the doubts raised over vaccines by China and Russia and\u00a0<\/span><span data-contrast=\"auto\">this factor<\/span><span data-contrast=\"auto\">\u00a0will not be limited to vaccines only.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Although security interest will continue to drive partnerships, it will not be the sole criterion as seen in the\u00a0<\/span><span data-contrast=\"none\">Israel and Arabs relations and BREXIT<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">What is the gated globalization framework?<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Gated globalization advocates s<strong>elective trade policies with selective trade partners<\/strong>\u00a0like creating walls with restrictive gates, opened on certain conditions.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The Gated Globalisation framework\u00a0<\/span><span data-contrast=\"auto\"><strong>doesn\u2019t have a place for \u201cNon-alignment\u201d<\/strong>\u00a0and will be a\u00a0<strong>test of \u201cstrategic autonomy\u201d of India<\/strong>. As p<\/span><span data-contrast=\"auto\">er the framework, India needs<\/span><span data-contrast=\"auto\">\u00a0Solid boundaries but building new partnerships (like the Quad) based on trust and common interests is equally important<\/span><span data-contrast=\"auto\">, as necessitated by\u00a0<\/span><span data-contrast=\"auto\">Doklam<\/span><span data-contrast=\"auto\">\u00a0and Ladakh clash with China<\/span><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\u25aa\" data-font=\"Noto Sans Symbols\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><strong>Firstly,<\/strong>\u00a0<strong>India\u00a0will have\u00a0to make partnership choices<\/strong>, beyond security,\u00a0on\u00a0the basis of\u00a0trade, capital flows and the movement of labour.<\/li>\n<\/ul>\n<p><span data-contrast=\"none\">For instance,<\/span><b><span data-contrast=\"none\">\u00a0<\/span><\/b><span data-contrast=\"none\">India has chosen to stay out of RCEP and the UK has left the EU.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:1440,&quot;335559737&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276,&quot;335559991&quot;:360}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\u25aa\" data-font=\"Noto Sans Symbols\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><strong>Secondly,<\/strong><span data-contrast=\"none\">\u00a0<strong>technology flows and standards<\/strong>\u00a0will also define gated communities. The Great Firewall of China has shut out many of the big tech players like Google, Facebook and Netflix.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:720,&quot;335559737&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276,&quot;335559991&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"none\"><strong>Instead, China has its Baidu, Alibaba and Tencent<\/strong>. The introduction of 5G technology, will deepen the issues of trust.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:1440,&quot;335559737&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276,&quot;335559991&quot;:360}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\u25aa\" data-font=\"Noto Sans Symbols\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><strong>Third<\/strong><b><span data-contrast=\"none\">,<\/span><\/b><span data-contrast=\"none\">\u00a0the\u00a0<strong>EU-crafted General Data Protection Regulation (<\/strong><\/span><strong>GDPR<\/strong><span data-contrast=\"none\"><strong>) is a brilliant example of Gated Globalisation<\/strong>. The EU has set the terms of engagement; those who do not obey will be kept out.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:720,&quot;335559737&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276,&quot;335559991&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"none\">The Indian law on data protection that is currently being discussed follows a similar sovereign route.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:1440,&quot;335559737&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276,&quot;335559991&quot;:360}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\u25aa\" data-font=\"Noto Sans Symbols\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><strong>Lastly<\/strong><span data-contrast=\"auto\">, India and other countries have similar policies where they put restrictions on trade with nations that are unfavourable to their interest and build stronger financial relationships with other countries within their gated communities.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:720,&quot;335559739&quot;:200,&quot;335559740&quot;:276,&quot;335559991&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"auto\"><strong>For instance<\/strong>, India has imposed restrictions on trade with China but this does not stop enhanced capital flows from new partners. To prevent the inflow of illegal funds, India has barred capital from poorly-regulated authorities.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:1440,&quot;335559739&quot;:200,&quot;335559740&quot;:276,&quot;335559991&quot;:360}\">\u00a0<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"2\"><span data-contrast=\"auto\">India\u2019s global scattering is now over 30 million and sends more through transfers ($80 billion per year) than foreign capital inflows.\u202fThe Indian diaspora is now increasingly impacting policy in countries like the US, UK and Australia where it has contributed politicians and technocrats, innovators and influencers, billionaires and cricket captains.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:1440,&quot;335559739&quot;:200,&quot;335559740&quot;:276,&quot;335559991&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">Way forward<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\u25aa\" data-font=\"Noto Sans Symbols\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">During these\u00a0<\/span><span data-contrast=\"none\">fast-changing<\/span><span data-contrast=\"none\">\u00a0post-pandemic realities, India has to be quick in identifying partners whom it can trust and who will help protect and further its national interests.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:720,&quot;335559737&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276,&quot;335559991&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Synopsis:\u00a0Post pandemic era will be giving rise to new world order and create uncertainties. India should use a \u201cGated Globalisation\u201d framework to handle this change.\u00a0 Introduction\u00a0 The 3rd\u00a0decade of the 21st\u00a0century will witness\u00a0a multipolar world\u00a0and the rise of\u00a0this\u00a0New World Order\u00a0will be\u00a0driven by\u00a0reliability of partners,\u00a0national interest,\u00a0and economic\u00a0factors.\u00a0 New developments are being witnessed with the development of&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/need-for-gated-globalization-in-india\/\">Continue reading <span class=\"screen-reader-text\">Need for Gated globalization in India<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":74689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,1351,1310,9],"tags":[1333,1467],"class_list":["post-74688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-9-pm-daily-articles","category-daily-news","category-daily-news-updates","category-public","tag-ir_0","tag-soty_6","entry"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2020\/12\/Need-for-Gated-globalisation-in-India.jpg?fit=1280%2C720&ssl=1","views":{"total":6,"cached_at":"","cached_date":1698379849},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/74688","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\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=74688"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/74688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media\/74689"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=74688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=74688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=74688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}