Under this topic, the research seeks to enhance the understanding and alongside study the contemporary and developing issues pertaining to international economy and development in diverse countries. The developing economies at present predominantly in the East and South Asian regions remains on a relatively strong growth trajectory amid the robust domestic demand conditions whereas the global economy on the other hand is facing a confluence of risks, which could severely disrupt economic activity and inflict significant damage on longer-term development prospects. The research primarily addresses such developments and challenges, concentrating on the existing and emerging economic policies, economic growth and opportunities, co-operations and agreements, prospects and the potential factors that exacerbates development challenges in many parts of the world.
With the objectives to promote food security, improving the income level of farmers, import substitution and export promotion and mechanization in agriculture can be an important vehicle. Infrastructure deprived Nepal should come ahead with big infrastructure projects to soak up the daily workers and migrant workers. Other possible sectors can be small scale industries, home and medium enterprises and service sector. ...
Nepal and Bangladesh need to work to bring India fully on board in helping to develop new trade and transit routes. Bangladesh has emerged as a regional hub for RMG pharmaceutical, ceramic tiles, chinaware, cement and light engineering products. The Nepalese business community should not miss out on excellent investment opportunities there, which could multiply benefits ...
While in the short run, Vietnam will have to deal with economic challenges but in the longer run, the prospects are promising. Hence, Vietnam’s economic and strategic clout are likely to rise not just in Asia, but globally ...
With the uncertainties of Capitalism and Globalisation growing, there is no better alternative for the South Asian countries than having belief in the shared concern and prosperity of the entire region. No matter how the re-set world will be, the poor should not be left out ...
Chinese government attempting to recover from its tarnished image in the world. It may take months to see all the ramifications of the COVID-19 Pandemic that will unfold in BRI countries. It is highly doubtful that BRI can regain its strength in next couple of years ...
The defense industry must explore multiple coping mechanisms. Strategy should not just be focused on growth but must include scenario-based resource planning and material substitution. Manufacturing principles advocating on maximising efficiency and reducing costs through maintaining minimal inventory might matter no more during the time of crisis ...
Indian citizens are India’s responsibility and those desirous may be brought back to the extent possible after the travel restrictions have been removed as reportedly indicated by Indian Minister of State for External Affairs ...
Globalization is under a lot of strain and testing. Chinese manufacturing is breaking down and Europe is sighing for some respite, COVID-19 is reshaping the essentials and principles of Globalization. The very foundations and theories of Globalization are in for a serious overhaul ...
India has already earned a good reputation for groundbreaking developments in the pharmaceutical sector. An increased focus on collaborative research in this field between educational institutions in India and Nepal would open the floodgates for easier access to pharmaceuticals and traditional medicines in the near future ...
China’s Digital BRI in the wake of COVID-19: Opportunities and Challenges
Digital technology will have an amplified role to play in people’s lives. The pandemic has already proven that China can be a global provider of digital infrastructure. With its already established digital prowess, China has the potential to play the global leader even in the post-COVID-19 world. ...