Daily O

How a changing global order will emerge in the post-Covid world

A changing global economic order will make many nations focus on India as a preferred destination for investment over China.

The debate on an emerging new global economic order had been floating since China announced its Belt and Road Initiative (BRI) seven years ago. With BRI being a global development strategy involving infrastructure development and investments in nearly 70 countries to exploit cheap factor markets and expanding product markets, it was thought to be rocking the status quo of the occident ruling the roost.

The idea of the status quo in the global political and economic order was challenged further with the emergence of strong leaders, the dominance of nationalistic

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