Emerging economies have increasingly benefitted in terms of growth, employment, capital formation and promotion of trade by the forces of globalisation. Despite the benefits of globalisation, competitive pressures faced by businesses have aggravated and with the integration of world economies, most nations are vulnerable to economic, political, and social shocks.
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As we enter 2022 amidst blazing heat waves, destructive forest fires, catastrophic storms, shortage of drinking water and what not, it is time for all of us to stop and reflect upon our contribution towards the global community. With climate change being a complex global problem, a unified global response is an urgent need of the hour.
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