The global economy encompasses the interconnected economic activities of countries worldwide. It includes trade, investment, and financial markets. Economic policies in one nation can impact others. Globalisation has increased interdependence among nations. Emerging markets play a role in growth. Challenges include inequality and environmental concerns. Understanding these dynamics is crucial for navigating the modern economic landscape.
China and India began their post-independence economic journeys with broadly similar developmental challenges, but their trajectories diverged sharply...
