Geoeconomic strategy of India in the context of the formation of a new world order

Geoeconomic strategy of India in the context of the formation of a new world order

Annotation

The article examines the implementation of India's geo-economic strategy in the context of the formation of a new world order. The author analyzes the conceptual guidelines and strategic priorities of India as a key country in the Global South at the present stage. The paper identifies the competitive advantages and vulnerabilities of the geo-economic strategy of this country. The article studies the trade and industrial, energy, resource, transport and logistics, digital dimensions of India's geo-economic strategy and determines their characteristic features. Particular attention is paid to the consideration of India's cooperation with the USA, China, Russia, as well as key states of the Global South and Global North. As a result of the study, the author comes to the conclusion that in the face of the globalization crisis, the Republic of India intends to act as an international actor promoting sustainable interaction between the countries of the Global South and the Global North. In addition, India intends to consistently defend its national interests. This position is to allow India to benefit from cooperation with both developed and developing countries. This position will enable India to become a key economic and technological center in the structure of the new world order. The Republic of India's implementation of its geo-economic strategy is associated with certain risks. India is trying to mitigate these risks through active participation in multiple international partnerships.

Keywords

References

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Stoletov O. V. Geoeconomic strategy of India in the context of the formation of a new world order. Kaspiyskiy region: politika, ekonomika, kultura [The Caspian Region: Politics, Economics, Culture]. 2024, no. 3 (80), pp. 114–128. https://doi.org/10.54398/1818-510Х.2024.80.3.012.
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