The unfolding global financial crisis comes in various forms and presents many challenges as well as opportunities, even though it is too early to predict any specific outcome. However, the fact remains that the international system and the concept of power as such is undergoing a shift. This has serious implications for the developing world. The financial crisis presents India in particular with several geopolitical implications.

Saying that economics and politics are intertwined may be a cliché, but the current global financial crisis brings us face to face with it. The financial crisis experienced by the international system today will have serious geopolitical implications. It has brought in new players like India and China. However, the extent to which the challenges engendered by the crisis can be converted into opportunities by a country like India remains to be seen.

Download