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Guru of globalisation

The Presidency of G20 should be used by India to argue for globalisation and a rules-based global economic order

Illustration: Binay Sinha
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Illustration: Binay Sinha

K P Krishnan
A major problem that is now roiling the global economy is the rising levels of protectionism and industrial policy. India has been a great beneficiary of globalisation, but has (so far) taken a back seat, with the leadership role on these issues provided by advanced economies. When advanced economies are not working for globalisation like they used to, there is an important possibility for India to play a leadership role, through all levers of state power, including the G20.
 
While the Indian state has often dragged its feet on international integration, a careful examination of the progress in the post-1991
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