NEW DELHI: In a post-globalization world which is “fractured … with polarized debates” India is willing to step up to the plate and play a larger global role, said foreign minister S Jaishankar on Monday.

Addressing a conference by the Centre for Policy Research , he said India’s challenge is “undertaking deep reforms and addressing longstanding governance issues”.

Giving a tour de horizon on the emerging geopolitical landscape, Jaishankar said Indian strategy will have to be more “complex and nuanced” in a world which is changing faster than we can imagine, “as we struggle to absorb a nationalistic America , a rising China, a divided Europe, a re-emerging Russia , a normalizing Japan, an insecure ASEAN, and an even more disturbed middle east. Other continents and regions are not without their own challenges, including ours. Economic rebalancing has now started to translate into its political manifestation. And that means a fundamental overhaul of global architecture.”

The "rebalancing” of the world, he said, is “accompanied by growing nationalism across vast geographies. There is no question that the overall mood is more competitive; some would say more selfish. The very nature of politics has changed in different societies and the disapproval of those who lost out does not make it less legitimate.”

Multilateralism is a casualty, alliances have eroded as the US has changed its own outlook and demeanour, he said. Interestingly, this opens up the space for “plurilaterals” and coalitions of the willing, as well as middle powers, like India which find greater space to operate in – “perhaps it is only logical that India should emerge as an industry leader in this regard, whether it is the RIC, SCO, Quad or JAI.”

An equally big challenge comes from the fact that while supply chains, connectivity , terrorism, climate change and pandemics cut across national borders, there is less inclination among the big powers to coordinate and work together, top provide global good.

In the economic domain, the challenges have multiplied – “the world trading system has felt the pressure of gains that some accrued from structural advantages. At a stage, it had to turn political; it finally did. But today, this argument extends beyond to non-trade domains like connectivity projects, technology choices, data protection and security as well as IPR adherence. All of them have strategic connotations…” India’s economic decisions, in terms of trade and opening up has acquired different complexions. “Our economic engagement with the world also requires careful deliberation and effective preparation lest we end up eroding our own capacities. How to do that best in this emerging geopolitical landscape is a complex exercise that deserves serious strategizing.”

Even as the world changes, it has not only been more welcoming to India, India had made a difference to international outcomes in recent years, he said. “Whether it is in terms of technology, best practices or resources, there is a proclivity to partner with a nation whose prospects are clearly so assured. … We have significantly shaped the connectivity debate at a time when the world was still confused. And backed that up with a plethora of projects, including in our immediate neighbourhood. Our single-minded campaign against terrorism has brought that issue into sharp focus in key world forums, including the G-20. Where maritime security is concerned, India has emerged as a key player, especially in the Indian Ocean.”

Calling for more “sober conversations”, Jaishankar said, “Not only has the landscape become more difficult but the very articulation of interests has come under challenge. Competition is not just amongst states but often within them, reflecting the tension between the older order and the emerging one. When ideologies, identities and history mix with business, politics and strategy, it can create a very potent cocktail.”

