Roadmap for post-COVID Global Economic Recovery
In this interaction with India Business & Trade, Rashmi discusses the post-COVID economic trajectory and how it is varying across developed, developing and least developed countries. She also stresses on a need of a rethink towards ‘strategic globalisation’ to achieve the actual fruits of growth, rather than the ‘hyperglobalisation’ trend that followed the 2008 Global Financial Crisis. For India, she emphasises why the economic debate is now beyond the relative share of manufacturing, services and agriculture, and instead will be more focused on technology integration across segments.
Rashmi Banga. is Senior Economic Affairs Officer & Officer-in-Charge of the Unit on Economic Cooperation and Integration among Developing Countries (ECIDC), Division of Globalisation and Development Strategies (GDS), UNCTAD. She is former Adviser and Head, Trade Competitiveness in Commonwealth Secretariat, where the Division provided policy support to more than 30 countries. Rashmi has worked as a Senior Economist in DFID-funded UNCTAD’s project which provided support to the Department of Commerce, India in its trade negotiations.