Over the past one and a half years or so, the pandemic has changed many things in our lives. It may continue to bring in more changes as the consequences of the pandemic unfold. Such change will not only be due to the devastating economic impact of the pandemic but also because of the geo-political dynamics that will emerge from the crisis.

One of the important ramifications of the pandemic is the change in the world order. The pandemic has emphasised the need for a stronger global community. The need for a meaningful globalisation has been felt much more than even before. However, the spirit of globalisation became weaker much before the outbreak of the pandemic. A number of shifts were observed in the global geo-political order with implications for the global economy as well. Countries were resorting to protectionism increasingly in an attempt to save their domestic economies. There were increasingly more restrictions on…

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