The world is at a crossroads. As regional conflicts continue to deepen geopolitical pessimism, there are compelling reasons for increased geo-economic optimism. Global growth is projected to hold steady at 3.2% in 2024 and 2025, inflationary pressures have started to subside and the global economy has avoided a recession despite a sharp tightening of monetary policy around the world, demonstrating unusual strength and resilience.
However, significant risks persist, such as climate change and its health impacts, unstable debt dynamics and the ratcheting up of protectionist measures. Even as fragmentation and polarization are on the rise globally, the most pressing challenges that the world faces—for instance, sustainable growth, an energy transition, creating meaningful employment opportunities and responsible governance of advanced technologies—require effective multilateral cooperation and collective action.
India's emphasis on a rule-based international order, advocacy of collaboration to solve shared issues and commitment to democratic values position it as a stabilizing force in an increasingly complex global order.
India's expanding influence: The country has established itself as a responsible world leader, working alongside an array of stakeholders to champion an inclusive, human-centric and sustainable developmental agenda. During the covid pandemic, it supplied vaccines and critical medicines to over 100 countries, and its remarkable advances in digital public infrastructure (DPI), highlighting its leadership in digital innovation, offer adaptable models for the world. Initiatives such as the International Solar Alliance and Global Biofuels Alliance showcase India's commitment to drive global progress on sustainable development, climate resilience and the energy transition.
Bu hikaye Mint Bangalore dergisinin December 26, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Mint Bangalore dergisinin December 26, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Do fashion collaborations give both brands an edge?
As more international brands look to partner with Indian creatives, a closer look at what will make these mergers truly meaningful
End the year with music, art
A Mint guide to what's happening in and around your city
Purists Don't Want Bakers To 'Mess' With The Mince Pie
Some Brits believe jazzing up the festive treat, made of dried fruit and pastry, takes away its nostalgic value
How will US federal workers react to the wrath of DOGE?
They face hard choices. The US should heed past advice on reforms
Watch 'Industry': Delve into imaginary trading
This serial does what the film 'Wall Street' did. It reveals how grubby investment banking can be. But it also shows the power of money to bury hatchets and forge unlikely alliances
A manufacturing sector revival is a must to uplift our economy
India requires structural changes that go beyond cosmetic policy tweaks to address the real issues
Bridging the Insurance Gap for India's Self-Employed with Tech Solutions
Self-employed people struggle to access term insurance and other financial protections
CFA or CFP: What's Right for Your Financial Career Goal?
Exploring the career paths of CFA and CFP aspirants from diverse professional backgrounds
Simhavalokana 2024: What Mr. Market Taught
Step into the shoes of an investor to understand the thrills (and surprises) a roaring bull market churns out
Hospital room rent caps: How dual policies can affect claims?
My corporate insurance policy includes a room rent cap for hospital stays, while my individual insurance policy does not. Will staying in a higher-category room affect my claim?
