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Changing Political Economy and its Development Implications

How does the changing political ecosystem globally impact all of us? We watch Trump destroying an image that American governments have successfully maintained all along since the 2nd world war, we see the slow but steady parting of ways between European and American partners with USA. We see a Nation State steamrolling of global trade negotiations almost leveraging on everything from ego-massaging to blackmailing.  We also see a scramble for nations with weak economic architecture from one hegemonic power to another, or try and form new alliances as a multi-polar world. 

Development that was a mainstay in many global forum - whether it be about poverty alleviation, healthcare, climate change adoption and education, no longer amongst the top headlines in the world in 2026.  Since the beginning of 2026, almost the entire headlines has been on war and trade, as though these are the global priorities and not climate change and healthcare. Even Indian media's outlook since the beginning of this year has been on the budget for defense forces, our persistent chest thumping on AI leadership, and implications of US trade tariff on India and the overall politics around the same. 

 

 

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