Category: Regional blocks
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Emerging Markets Outlook 2024–2025: Growth Amid Headwinds
In an increasingly uncertain global economy, emerging market economies (EMs) continue to shine as dynamic engines of growth. With developed economies facing stagnation, it is the EMs—particularly in Asia, Latin America, the Middle East, and Africa—that are expected to account for nearly 60–65% of global GDP growth over the next…
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The Theory of Tariff and the Case for Cooperative Trade Policy
In recent years, the global trade landscape has witnessed increasing turbulence marked by the rise of protectionism and strategic economic coercion. Amid this, a critical message emerging from diplomatic and economic forums is clear: there are no real winners in a tariff conflict . This idea, often reiterated in international…
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Redrawing the Map of India-Bangladesh-China Relations
In a region as geopolitically intricate as South Asia, even the quiet shifts in logistics or diplomatic words can carry outsized consequences. A recent development in the India-Bangladesh trade corridor exemplifies this well—particularly around the transshipment of goods from Bangladesh to landlocked neighbors like Nepal, and the evolving implications of…
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Rising Debt Levels: A Looming Crisis for Developing Nations
The global economy continues to recover unevenly from the shock of the COVID-19 pandemic, but one concern that remains deeply entrenched is the rapidly rising debt levels across the developing world. For many Least Developed Countries (LDCs) and Small Island Developing States (SIDS), debt servicing obligations have become a significant…
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How Declining Competition is Reshaping the Economies
Over the past four decades, the global economies has undergone profound structural changes. While technological advancements, globalization, and financial innovation have contributed to economic growth, a worrying trend has emerged—rising market power, slowing productivity growth, and deepening wealth inequality. At the heart of these developments is a common culprit: declining…
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Europe’s Strategic Shift: Economic Implications of Changing U.S. Policy Toward Ukraine and Defense Spending
The shifting geopolitical landscape, triggered by evolving U.S. policy toward Europe and Ukraine, is forcing European governments and the European Union (EU) to recalibrate their strategic and economic priorities. The United States, once the cornerstone of European security, has signaled a change in its commitment, prompting European nations to reassess…
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EU-India Trade Cooperation
he recent visit of a senior European Union (EU) official to India has reignited discussions on strengthening trade and economic cooperation between India and the EU. With the global economic landscape shifting rapidly, this partnership has the potential to become a key driver for mutual growth. Given the EU’s status…
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The Global Reality of Economic Struggles and Opportunities for Collaboration
In a rapidly evolving world where businesses, economies, and labor forces are constantly shifting, understanding the patterns of development, productivity, and collaboration is crucial. Across different industries and sectors, companies and workers face persistent challenges, yet opportunities for collective progress remain untapped. From global supply chains to local economies, the…
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Diverging Paths of the US, Europe, and Emerging Markets
The global economic landscape is shifting rapidly, with notable variations in growth trajectories across different regions. The United States is outperforming expectations, while Europe remains underwhelming, and emerging markets struggle to regain momentum. According to recent projections, global GDP is set to grow at 3.3% this year and next—a slight…
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Asia-Pacific Economic Outlook: Balancing Growth, Trade Tensions, and Fiscal Challenges
The Asia-Pacific region continues to play an outsized role in shaping the global economic landscape. From China’s steady growth to India’s latest budgetary strategy, Japan’s evolving monetary policy, and Korea’s political scene, there are various moving parts that will define the region’s trajectory in the coming years. Below is an…
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