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.
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 ...
Government should come with effective plans to protect the economy from collapsing. It should speed up the testing process so that it can isolate the affected for treatment, and normalize the economic activities at the earliest ...
China has structured a successful paradiplomatic model. Beijing alone has entered into sister-cities agreement with 55 other cities/ states. It is in a desperate need of a facelift, post the considerable erosion of public opinion due to the debacle of the virus spreading out of Wuhan. To this end, Chinese government, media houses and others are strategically using this relationship to highlight the humanitarian side of the country. ...
India-Japan relations post-COVID would develop in leaps and bounds with the help of new technologies and solutions supporting the two countries, the Indo-Pacific region and the world at large. India should also prepare itself for such opportunities by reforming the legal system to attract FDI and making flexible labour laws. ...
The governments, along with the activists, should put the safety of blue collared workers in the Gulf on priority. Similarly, in the long run, a plan needs to be drawn out for rehabilitation of workers, who want to return to South Asia ...
The countries are still struggling to fight the COVID-19 pandemic, hence, economists are still uncertain about the size of the economic damage, but it is certain that it will be huge. Thus, the governments have to quickly take increasingly bold anti-recession measures that will ‘flatten the recession curve’ ...
The countries should learn from each other to overcome this pandemic. They should also give more importance to public health and strengthen the international organisations like WHO with more resources. India can also play a huge role in fighting this global pandemic ...
Implications of COVID-19 on Defence Industry
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 ...