कोशिश गोल्ड - मुक्त
Linking economic and security strategies
Financial Express Kochi
|May 27, 2025
India's economic strategy vis-à-vis to Punjab (& perhaps in other ways for other border states with minority populations) has reduced national security while being directly suboptimal
ECONOMIC STRATEGIES AND security strategies are inevitably linked to each other. Residents of the earliest large towns built walls to protect themselves from marauders, and used some of their economic surplus to finance those walls as well as military capabilities such as training defence forces and providing them with weapons.
The post-World War II security order allowed countries like Japan, South Korea, and Germany to grow economically under security umbrellas fashioned and led by the United States, reducing their need to spend on their own national security.
India chose a different path, and its own distinct security strategy, which in some ways was more successful than its economic strategy. The world in which these choices took place began to change with the collapse of the Soviet Union and the rise of China, and those changes are now accelerating dramatically.
India began to shift its economic strategy in the late 1980s, with gradual acceleration of those shifts over time, including the moderately "big-bang" reforms of 1991. More recently, its security strategy has also shifted, including its membership in the Quad, along with the US, Japan, and Australia. The reason and the focus for such shifts is, of course, China, which has quickly followed its economic success with political assertion. Countries in China's geographic neighbourhood (and the US, which is omnipresent since the last World War) see China's moves as a threat. Taiwan has good reason to be worried, but in other cases China's leaders may well justify their actions as protecting their own national security.
यह कहानी Financial Express Kochi के May 27, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Financial Express Kochi से और कहानियाँ
Financial Express Kochi
IMF directors urge India to replenish fiscal buffers
WHILE FISCAL CONSOLIDATION has progressed, achieving the fiscal deficit target remains challenging, necessitating disciplined spending and strengthened fiscal buffers to safeguard stability, the International Monetary Fund executive board directors in their report.
1 min
November 27, 2025
Financial Express Kochi
Change mindset for manufacturing push: Godrej
WE ARE LOOKING TO LIMIT PRICE INCREASES TO ABOUT 5-7% POST NEW BEE NORMS
1 mins
November 27, 2025
Financial Express Kochi
Google Cloud sees govt tie-ups rise
· Cybersecurity threats & DPDP compliance fuel demand surge
1 min
November 27, 2025
Financial Express Kochi
When humans & Al create value together
WE'RE AT AN inflection point.
1 mins
November 27, 2025
Financial Express Kochi
SBI’s NIM target of 3% safe even if RBI cuts rate: Setty
STATE BANK OF India is confident of achieving its 3% net interest margin (NIM) guidance even if the Reserve Bank of India (RBI) decides to cut the repo rate by 0.
1 mins
November 27, 2025
Financial Express Kochi
US-Russia talks gain momentum
A SENIOR KREMLIN official confirmed Wednesday that US special envoy Steve Witkoff is set to visit Moscow next week as efforts to find a consensus on ending the nearly four-year war between Russia and Ukraine pick up speed.
1 min
November 27, 2025
Financial Express Kochi
UK cuts tax-free allowance for cash savings
BRITISH FINANCE MINISTER Rachel Reeves delivered a budget on Wednesday that will take more tax from workers, people saving for a pension and from investors to give herself more room for meeting her borrowing targets.
1 mins
November 27, 2025
Financial Express Kochi
Reliance JV to build AI data centre
THE ANDHRA PRADESH government has assured full support for the Digital Connexion project, including assistance with land allotment, power infrastructure, connectivity,and timely clearances.
1 min
November 27, 2025
Financial Express Kochi
Indices near all-time high as bears go into hiding
· DIIs pump in ₹7 lakh crore, highest in a year
1 mins
November 27, 2025
Financial Express Kochi
When tax meets technology
Tax is one area where the govt has moved far ahead in adopting technology and digitisation. Professionals must catch up with the digital architecture in place
3 mins
November 27, 2025
Listen
Translate
Change font size

