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.
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 ...
Japan, being a technological power, has been at the forefront of developing a vaccine Avigan against the COVID-19. Prime Minister Abe, who has been the longest serving Prime Minister, with experience of working at the toughest of times, has given confidence to the people of Japan ...
India is an economic and military power, which can propel India in the direction of global power heterogeneity composing of multipolarity. India can also occupy the global supply chain of pharmaceutical production in the world ...
Stability of oil market and low Brent crude prices is always in favor of Indian economy because it is solely dependent upon imports of fuel. The current oil price war is significantly going to benefit India but government needs a comprehensive plan of actions to take advantage of this geopolitical spat between Riyadh and Moscow ...
Russia will continue to take strong measures aimed at harmonizing integration processes in Eurasia, pairing the EAEU and the Belt and Road Initiative, and the formation of a Greater Eurasian Partnership. In this regard, the development of partnership with China, as a key player in the region, will be a priority for Russia’s foreign policy ...
COVID-19: Its Impact on Nepalese Economy
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 ...