In the last few years, India has made rapid strides in deepening its commitment to the multilateral community: it has co-created new multilateral banks such as the BRICS NDB and AIIB;[1] elevated its involvement in geoeconomic forums, including the G20 and FSB;[2] and reconfigured its engagement with the three Bretton Woods institutions, namely the World Bank, the IMF and WTO.[3] By doing all this, India has demonstrated a determined approach to shaping economic multilateralism
But how fruitful has this energised relationship been for India? Has the country managed to negotiate a more powerful role for itself in these multilateral networks? Has …read more
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