Amid instability, global workforce will rise: Jaishankar

Globalisation will not stop but economic and geopolitical unpredictability has increased sharply, acknowledged external affairs minister S Jaishankar in New York on the sidelines of the UN General Assembly (UNGA), and said that the world will see the rise of a global workforce in the coming years.

- Shashank Mattoo

“Globalisation will not stop. Doing business with each other will not stop. But it is just that different lines of different intensity and different values will now get re-engineered. And it is that process of re-engineering that we are going through now,” said Jaishankar at an event hosted by the Observer Research Foundation.

The foreign minister argued that the world is accelerating towards multipolarity, with countries looking across the world for new partnerships to safeguard their national interest. But this new multipolarity will have to be built by developing national capabilities, Jaishankar argued.