Volume : 10, Issue : 12, DEC 2024

INDIA IN THE GLOBAL SOUTH: A RISING ECONOMIC POWER

THE IMPACT OF THE GLOBAL SOUTH ON THE INDIAN ECONOMY

DR. MONIKA TANTIA

Abstract

In global economic and political debates, the idea of the "Global South," which includes emerging countries in Asia, Africa, Latin America, and Oceania, has gained popularity. India, a prominent voice in the Global South, has impacted and been impacted by other nations. Through an analysis of trade dynamics, investment flows, energy security, and collaborative frameworks, this article examines the complex effects of the Global South on the Indian economy. The study highlights opportunities and challenges in leveraging South-South cooperation for mutual economic growth.

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References

1. International Monetary Fund (IMF) Reports on Emerging Economies.

2. World Bank Data on Trade and Investment Flows.

3. Ministry of External Affairs, Government of India Publications.

4. Khinchi, S. S. (2015). Impact of Globalisation on Indian Economy. Periodic Research, 3 (3), 57-60.

5. Gray, K., & Gills, B. K. (2016). South–South cooperation and the rise of the Global South. Third World Quarterly, 37(4), 557–574. https://doi.org/10.1080/01436597.2015.1128817