Strategic Hedging in a Turbulent Global Environment
· World · Business Standard
Nations are increasingly adopting strategic hedging to navigate a volatile global landscape defined by shifting geopolitical alliances and economic uncertainty. This approach involves balancing engagement with competing powers to mitigate risks while maintaining national interests. Policymakers are moving away from rigid alignments in favour of flexible partnerships that adapt to changing regional and global pressures. The strategy prioritises economic stability and security autonomy amidst the ongoing fragmentation of international trade and diplomatic norms. These shifts reflect a broader move toward multi-alignment in international relations.
Why it matters
Strategic hedging directly impacts India's diplomatic and economic manoeuvrability as it navigates complex relationships with major global powers like the US, Russia, and China. This policy approach determines how the country secures its energy needs, defence technology, and trade interests in a fragmented global market.
Read the original report — Business Standard
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