Countries that maintain more openness will grow more: Anne Krueger

India should continue to be an open economy and forge regional ties while pushing the pedal on reforms further, says Anne Krueger, senior fellow at the School of Advanced International Studies, Johns Hopkins University.

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In a conversation with Ruchika Chitravanshi on the sidelines of the Kautilya Economic Conclave, she stresses that the countries that maintain more openness, and try and move as best they can will be the ones that will grow more amid escalating geopolitical uncertainties. Edited excerpts:

How do you see India's position evolving in this new global world order amid rising geopolitical uncertainties?

The whole world is facing that uncertainty, and everybody's going to have trouble, and it's certainly unfortunate for everybody. I don't think anybody will gain. The position of any country, including India, will depend on what they do and how they react to it. Countries that try and move as best they can within an open framework, keeping competition going will do better than the countries who say- ‘we've got to close ourselves off and protect ourselves.’ And seems to me, the most important thing is that the countries that do maintain more openness will be the ones who will grow more and they will therefore be the ones that will be seen to be the successful ones, maybe carrying the others along eventually.