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‘The World Renewal’ English Monthly Spiritual Magazine Published by Brahma Kumaris
‘The World Renewal’ English Monthly Spiritual Magazine Published by Brahma Kumaris
‘The World Renewal’ English Monthly Spiritual Magazine Published by Brahma Kumaris
‘The World Renewal’ English Monthly Spiritual Magazine Published by Brahma Kumaris
‘The World Renewal’ English Monthly Spiritual Magazine Published by Brahma Kumaris
The world economy continues to suffer from a series of destabilizing shocks. After more than two years of pandemic, Russia's invasion of Ukraine and its global effects on commodity markets, supply chains, inflation, and financial conditions have steepened the slowdown in global growth. In particular, the war is leading to soaring prices and volatility in energy markets, with improvements in activity in energy exporters more than offset by headwinds to activity in most other economies. The war has also led to a significant increase in agricultural commodity prices, which is exacerbating food insecurity and extreme poverty in many emerging market and developing economies. Numerous risks could further derail what is now a precarious recovery. Among them is, in particular, the possibility of stubbornly high global inflation accompanied by tepid growth, reminiscent of the stagflation of the 1970s. This could eventually result in a sharp tightening of monetary policy in advanced economies to rein in inflation, lead to surging borrowing costs, and possibly culminate in financial stress in some emerging market and developing economies. A forceful and wide-ranging policy response is required by policy makers and the global community to boost growth, bolster macroeconomic frameworks, reduce financial vulnerabilities, provide support to the vulnerable population groups, and attenuate the long-term impacts of the global shocks of recent years.
This book reflects on the reasons for the decline of international cooperation in world politics and studies ways to restore legitimacy in the international order. It engages with the concept of legitimacy in international relations theories and practices to examine the discussions around power shifts, the decline of liberalism, demands for inclusive international architectures, and challenges to multilateralism, as well as established norms by leaders and nationalisms. It studies the impact of the post-COVID-19 world order on the nature of power in the international system and changes in normative concerns of security. The volume also interrogates political legitimacy through an area studies lens by examining the concept of legitimacy separately in the USA, Europe, South Asia, Southeast Asia, Latin America, and Africa. An important and timely text featuring contributions from eminent scholars, this book will be of use to students and researchers of modern history, political science, and international relations. It will also be of interest to think tanks and policy-making bodies concerned with international affairs and foreign policy.
Will China–U.S. relations come back to the normal track? Does the confrontational approach work for China–US relations? This book argues that it is an unrealistic hope to bring China–US relations back to the so-called normal track because the great power competition will be a new normal of China–US relations and the USA will gain more from strategic competition than cooperation in the long run. This book shows that the strategy of “great power cooperation through competition” is more positive and constructive than the approaches of “peaceful coexist” and “maximum pressure.” This book does not intend to provide policy recommendations for governments to consider, but mainly to explain why the great power competition is inevitable and why it is necessary to continuously work with China in some areas through strategic competition. This book alarms the importance of understanding the nature of the Chinese Communist Party during the great power competition and aims to motivate both sides to revisit their foreign policy practice and come up with a better foreign policy strategy of handling China–US relations.
This comprehensive Companion provides an extensive guide to understanding the World Trade Organization (WTO) and its impact on the global economy. Addressing the challenges facing the WTO amidst a rapidly evolving landscape, the book delves into the diverse trade policies of countries and regions, providing rare insights into their impact on the global trade governance frameworks.
The 4Ds of Energy Transition Enables readers to understand technology-driven approaches that address the challenges of today’s energy scenario and the shift towards sustainable energy transition This book provides a comprehensive account of the characteristics of energy transition, covering the latest advancements, trends, and practices around the topic. It charts the path to global energy sustainability based on existing technology by focusing on the four dynamic approaches of decarbonization, decreasing use, decentralization, and digitalization, plus the important technical, economic, social and policy perspectives surrounding those approaches. Each technology is demonstrated with an introduction and a set of specific chapters. The work appropriately incorporates up-to-date data, case studies, and comparative assessments to further aid in reader comprehension. Sample topics discussed within the work by key thinkers and researchers in the broader fields of energy include: Renewable energy and sustainable energy future Decarbonization in energy sector Hydrogen and fuel cells Electric mobility and sustainable transportation Energy conservation and management Distributed and off-grid generation, energy storage, and batteries Digitalization in energy sector; smart meters, smart grids, blockchain This book is an ideal professional resource for engineers, academics, and policy makers working in areas related to the development of energy solutions.