How do Geopolitical tensions affect the Development in Global South

Analyse the impact of Geopolitical tensions and COVID-19 on Development in Global South, as highlighted by PM Modi.
Geopolitical tensions can greatly impact the development of countries in the Global South. In recent times, the COVID-19 pandemic and the resultant geopolitical tensions have made development in these countries even more challenging. Here are some impacts of geopolitical tensions and COVID-19 on development in the Global South, as highlighted by PM Modi:
  • Reduction in economic growth and investment due to trade barriers and sanctions imposed by powerful countries.
  • Political instability leading to reduced confidence in the economy and lower foreign investment.
  • Lack of funding and investment in healthcare infrastructure leading to difficulties in managing public health crises like COVID-19.
  • Disruption in supply chains, manufacturing processes and global trade leading to decreased income and livelihoods for communities in the Global South.
  • Deterioration of relations between countries leading to escalating conflicts and increased military expenditure.
  • Weakness in the international financial system leading to limited funding and high borrowing costs.
Overall, geopolitical tensions and the COVID-19 pandemic have significantly impacted the development of countries in the Global South, highlighting the need for greater international collaboration and support to address these challenges.
Answered a year ago
Amrita Preparing for Civil Services