INDIA AND G20: STRENGTHENING AND SHAPING GLOBAL GOVERNANCE
Aashriti Gautam
PhD Research Scholar, Jawaharlal Nehru University, Delhi, India
Abstract
For the first time in the history of the G20, India, an emerging power representing 1.30 billion people with a democratic polity, will host the summit from 1st December 2022 and convene the G20 Leaders Summit in 2023. This symbolises that the focus of international development cooperation has shifted towards the Global South, illustrating the growing influence of emerging economies such as India in promoting multilateralism and directing international development cooperation. G20, accounting for 85 per cent of global GDP, 75 per cent of international trade and two-thirds of the world population, is a premier forum for international economic cooperation. India presidency in this unique global institution presents an excellent opportunity to accelerate sustainable growth within India, in the emerging world, and beyond. India support for global cooperation, inclusive development, economic stability, and sustainable growth is in line with its national goals and the values espoused by other leaders of the G20. In this background, the paper explores India core interests in G20 and is confined to a specific question-With Global discord at its peak, what will India G 20 presidency focus on? It concludes by stating that India presidency has the potential to assist states struggling to overcome the effects of the covid-19 pandemic, as well as to accept diverse perspectives and opinions regarding the ongoing matters of concern.
Keywords: India, G 20, Global South, sustainable growth, inclusive development, economic stability
Journal Name :
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EPRA International Journal of Multidisciplinary Research (IJMR)
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Published on : 2022-10-08
Vol | : | 8 |
Issue | : | 10 |
Month | : | October |
Year | : | 2022 |