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 Brazil, Russia, India, China and South Africa (BRICS) New Development Bank (NDB) and Asian Infrastructure Investment Bank (AIIB); elevated its involvement in geoeconomic forums, including the G20 and Financial Stability Board (FSB); and reconfigured its engagement with the three Bretton Woods institutions; the World Bank, the IMF and WTO. 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 …read more
India: A late-bloomer, not a latecomer, in global economic leadership
