INTERNATIONAL ECONOMY AND DEVELOPMENT
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.
ARTICLES
‘Make in India’ Programme and India’s Defense sector: Opportunities and Challenges
The government must ensure the creation of a conducive policy environment with minimum red-tape, less intrusive monitoring and attractive incentives to promote domestic defense production.
The G-7 Bubble: Inflate or Remain the Same?
Trump’s proposal of expanding the group might look welcoming for Australia, India and South Korea, leaving out China may clearly contradict the original purpose of founding the G7 in 1975.
UK-US Relations in a Post-COVID-19 World
London and Washington along with many other countries, especially Japan, India and Australia, are likely to adopt a similar approach with respect to economic links with China.
Assessing UK-Japan Relations: Emerging Alliance amidst COVID-19
Japan-UK ties are to strengthen in a post-COVID-19 world, and there are economic and strategic reasons. Closer ties between them are important not just in a bilateral context, but in the Indo-Pacific region as well.
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.
Impact of COVID-19 on Remittance Economy and Foreign Employment of Nepal
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.
Bangladesh-Nepal Trade Relations: Influences of Economic Diplomacy
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.
COVID-19 and its Impact on Vietnamese Economy
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.