Introduction Globalization refers to the process of increasing interconnectivity and interdependence among countries and regions through the exchange of goods, services, technology, and culture. Over the last few decades, globalization has become a driving force behind many economic, social, and political changes. While it has contributed to global economic growth and poverty reduction, it has…
Introduction The Abraham Accords, signed in 2020, marked a historic breakthrough in the geopolitics of West Asia (Middle East) by normalizing diplomatic relations between Israel and several Arab nations, including the United Arab Emirates (UAE), Bahrain, Morocco, and Sudan. These agreements, brokered by the United States, signaled a shift in regional alliances, economic cooperation, and…
Introduction The G20 Summit, an influential gathering of the world’s major economies, plays a pivotal role in addressing global economic, social, and environmental challenges. The 2024 G20 Summit, held in Rio de Janeiro, Brazil, embraced the theme “Building a Just World and a Sustainable Planet.” This theme underscored the need for equitable growth, sustainability, and…
Introduction India’s foreign policy is a crucial pillar of its national strategy, shaping the country’s interactions with the global community. As one of the world’s largest economies and most populous democracies, India plays a key role in global geopolitics. The present era is marked by rapid changes in international relations, with shifting alliances, evolving trade…
Introduction The COVID-19 pandemic, which emerged in late 2019, caused an unprecedented global crisis, affecting health, societies, and economies worldwide. While the immediate concern was the health emergency, the pandemic also led to one of the most severe economic downturns in modern history. Nations across the globe faced economic contractions, business closures, job losses, and…
Introduction Globalization and liberalization have significantly transformed the Indian economy, driving economic growth, enhancing trade, and improving technological capabilities. India’s economic liberalization, which began in 1991, marked a shift from a protectionist economy to an open and market-driven system. These reforms integrated India into the global economy, leading to increased foreign trade, capital inflows, and…
Globalization and privatization are two crucial concepts in modern economics and policy-making. They both have significant impacts on the economic, social, and political landscape, especially in the context of developing countries. Let’s explore their definitions, objectives, and implications in detail. Globalization: Definition and Objectives Globalization refers to the process through which businesses, technologies, information, cultures,…
Introduction Agriculture plays a pivotal role in the economy of Uttar Pradesh (UP), which is one of India’s largest agricultural producers. The state is home to a diverse range of agricultural produce, including food grains, fruits, vegetables, spices, and other crops. However, despite its agricultural prowess, UP has historically faced challenges in tapping into the…