View: Reaching its economic goal should be India’s biggest strategic objective

The challenge now is to leverage this broader political acceptability for an economic purpose.

Synopsis

But can India convert this convergence of opportunities into gains, like Japan did after World War 2 and China did after the Cold War? And, for that, the challenges remain internal, not that much external. New Delhi has responded with a policy of self-reliance: ‘Atmanirbhar Bharat’. But that would remain incomplete without a clearly articulated trade and economic strategy to engage with the world.

The economic and political churning for a new world order is well and truly afoot. EU appears to be already working on a document to forge a new concord across the Atlantic. The shifting sands of power in West Asia point towards emerging new alignments, while powers in the Indo-Pacific are exploring different security arrangements to deal with the China threat.Much as these changes — the China threat included — seek to alter the global power

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