Volume : 10, Issue : 12, DEC 2024

INDIA IN THE GLOBAL SOUTH: A RISING ECONOMIC POWER

GLOBAL SOUTH ECONOMIC ISSUES AND INDIA'S PARTICIPATION

DR. NISHU

Abstract

Recently it has been noticed that the world is not just, the economic gulf between Global South and Global North is being more shallow with ongoing current challenges of global wars, climate change, conflicts and geopolitics etc. Unfortunately Global South is particularly suffering hard due to these. The countries of Global south are already struggling with chronic poverty, high population growth, poor infrastructure, low capital soaring debt and certain other socio-political-economic issues.

Several attempts have been made to engage and provide for the disadvantaged nations during past decades. It is rightly said that lone voices do not matter much. Hence collective and institutionalized voice in formal format of "Voice of Global South Summit" (VOGSS) in 2023 and 2024 in virtual form was raised. The VOGSS presents a common platform to discuss challenging socio-economic issues and their workable solution through deliberate exchange of experiences among more developed and less developed countries. India is playing remarkable job in this direction through various policy initiatives.

Article : Download PDF

Cite This Article

-

Article No : 19

Number of Downloads : 968

References

1. Joumard, I., Arriola, C., & Dek, M. (2020). Challenges and opportunities of India’s enhanced participation in the global economy.

2. Kumar, S. (2024). India’s G20 presidency as a voice of global south (Vol. 291). RIS Discussion Paper.

3. Maurya, P. India and Global South: A Theoretical Analysis of India's Initiatives in Global South.

4. Shameer, M. (2015). Collective economic diplomacy of global south: India's role. International journal of diplomacy and economy, 2(4), 368-377.