What is meant by Gated Globalisation? Discuss the relevance of gated globalisation in the context of post pandemic realities. (200 Words)
Refer - The Indian Express
Enrich the answer from other sources, if the question demands.
IAS Parliament 4 years
KEY POINTS
Gated Globalization
· It is a gated barrier for free flow of trade and services. It includes protecting domestic industries by imposing trade tariffs, restricting FDI policies, export subsidies.
· It basically involves strengthening domestic producers.
Relevance of Gated Globalisation
· The security landscape will continue to drive partnerships,. India is locked in a confrontation with China in the Himalayas. The need for a new coalition was felt after Doklam.
· The Gated Globalisation framework requires that India should protect its interests in these unsettled times.
· The creation of new partnerships (like the Quad) based on trust and common interests is necessary. Gated Globalisation will test the strength of strategic autonomy.
· Beyond security, like everybody else, India has to make partnership choices on trade, capital flows and the movement of labour.
· The European Union’s General Data Protection Regulation (GDPR) is an excellent example of Gated Globalisation.
Way forward
· Amid these rapidly changing post-pandemic realities, India has to be swift in identifying partners whom it can trust and who will help protect and further its national interests.
Sheetal Vinod Kothari 4 years
IAS Parliament 4 years
Answer is not posted. Try to repost the answer.
aswin 4 years
Please review
IAS Parliament 4 years
Good answer. Keep Writing.
Venkateshwaran R 4 years
Kindly provode feedback. Thank you Mam/Sir
IAS Parliament 4 years
Good attempt. Keep Writing.
Dev 4 years
Please review and provide feedback
if possible them can you give marks based on quality and quantity
out of 10.
IAS Parliament 4 years
Advantages and Di advantages are not needed, avoid using short forms frequently and explain the points listed out, interlink the points to bring out coherence in the answer, mere mentioning of information should be avoided, answer must be analytical along with reasoning wherever needed. Keep Writing.
Giving marks for the answer would be subjective. So it is not a healthy practice to give marks.
