The current state of the world is rather gloomy. Globalization appears to be in suspension – divergent forces make the future rather uncertain.
A prolonged civil war in Syria, the threat of new terror attacks, the ongoing disintegration of Europe and the potential isolationism of the USA are putting the world under fire leading to protectionism, shrinking trade and a rather certain slow-down of the world economy. How does the USA’s new direction affect the globalized world through its complex economic and foreign policy linkages? Can globalization still deliver and what will the next global economic order look like? And what is the impact on India?