Journal Press India®
Political Diplomacy and Its Economic Implications with a Special Focus on India’s G20 Presidency
Published Online: December 15, 2023
Author Details
( * ) denotes Corresponding author
The G20 summit under India’s presidency has significantly elevated India’s diplomatic influence and economic prospects on the global stage. India showcased its cultural diplomacy, economic growth, and digital outreach, enhancing its soft power and economic prospects. The summit’s emphasis on sustainable development, renewable energy, and climate change will open up new avenues for Indian businesses and industries. Moreover, India’s advocacy for the African Union’s inclusion in the G20 and the India-Middle East-Europe Economic Corridor will allow it a greater economic engagement in these regions. Overall, the paper is an attempt to showcase how the G20 has benefitted India’s diplomacy, economic aspects and global prominence.
Keywords
Political Diplomacy; Economic Diplomacy; G20 Summit; Multilateral Engagement
- 220 meetings, 60 cities, 1.5 crore people: How Modi democratised diplomacy with G20 (2023, September 7). The Economic Times. Retrieved from https://economictimes.indiatimes.com/news/india/220-meetings-60-cities-15-crore-people-how-modi-democratised-diplomacy-with-g20/articleshow/103431165.cms?from=mdr#
- African Union’s inclusion in G20 summit: Who is helping whom? (2023). Retrieved from https://www.indiatoday.in/diu/story/african-unions-inclusion-in-g20-summit-who-is-helping-whom-2434750-2023-09-12
- Bhargava, A. (2019). Economic diplomacy is now core component of India’s foreign policy. Observer Research Foundation. Retrieved from https://www.orfonline.org/research/economic-diplomacy-is-now-core-component-of-indias-foreign-policy-57743/
- CPR (2014, June 5). Mobilising the state: Indian economic diplomacy in the 21st century. Retrieved from https://cprindia.org/wp-content/uploads/2021/12/Economic-Diplomacy-Policy-Brief-CPR-2.pdf
- Foreign Policy, The 2023 G20 summit: India’s role in shaping the Global South (2023). Retrieved from https://foreignpolicy.com/2023/09/08/g20-summit-india-economy-imf-world-bank-global-south-development/
- G20 has given big boost to brand India, say CEOs (2023). Retrieved from https://economictimes.indiatimes.com/news/company/corporate-trends/g20-has-given-big-boost-to-brand-india-say-ceos/articleshow/103587108.cms?from=mdr
- G20 New Delhi Leaders’ Declaration (2023). Retrieved from https://www.g20.org/content/dam/gtwenty/gtwenty_new/document/G20-New-Delhi-Leaders-Declaration.pdf
- G20: India’s new soft power is digital public infrastructure. Retrieved from https://timesofindia.indiatimes.com/blogs/academic-interest/g20-indias-new-soft-power-is-digital-public-infrastructure/
- India’s G20 Presidency: From auto, aviation, utilities to space & real estate - here’s what it means for India inc. (2023). Retrieved from https://www.businesstoday.in/visualstories/industry/indias-g20-presidency-from-auto-aviation-utilities-to-space-real-estate-heres-what-it-means-for-india-inc-key-sectors-of-indias-economy-61500-08-09-2023#
- India’s soft power diplomacy under Modi govt. (2019). Retrieved from https://www.researchgate.net/publication/343230166_India%27s_soft_power_diplomacy_under_Modi_govt_1
- India’s soft power strategy (2022). Retrieved from https://www.outlookindia.com/website/story/indias-soft-power-strategy/295206
- India-Middle East Europe economic corridor: What is the project? Why is it being proposed? (2023). Retrieved from https://indianexpress.com/article/explained/everyday-explainers/india-middle-east-europe-economic-corridor-what-is-the-project-why-is-it-being-proposed-8932332/
- Indian Express, G20 and the Global South: Understanding India’s role (2023). Retrieved from https://indianexpress.com/article/explained/g20-global-south-8917641/
- Key outcomes of the 2023 G20 summit held in India (2023). Retrieved from https://www.india-briefing.com/news/key-outcomes-of-the-2023-g20-summit-held-in-india-29483.html/#:~:text=It%20focuses%20on%20socioeconomic%20concerns,tourism%2C%20trade%2C%20and%20investment
- Local firms plan to take millets-based foods overseas (2023). Retrieved from https://economictimes.indiatimes.com/industry/cons-products/food/local-firms-plan-to-take-millets-based-foods-overseas/articleshow/103739117.cms?from=md
- Nachiappan, K. (2023, March 27). India’s geo-economic foreign policy. The India forum. Retrieved from https://www.theindiaforum.in/international-affairs/indias-geo-economic-foreign-policy
- Rana, K. S. (2004, January). Economic diplomacy in India: A practitioner perspective. Retrieved from https://www.researchgate.net/publication/229581163_Economic_Diplomacy_in_India_A_Practitioner_Perspective.
- Suri, N. (2022, January 26). A new economic diplomacy where India matters. Retrieved from https://www.orfonline.org/expert-speak/a-new-economic-diplomacy-where-india-matters/
- The Loop, India’s soft power diplomacy in the Modi Era (n.d.). Retrieved from https://theloop.ecpr.eu/indias-soft-power-diplomacy-in-the-modi-era/
Abstract Views: 15
PDF Views: 1