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CED’s Policy Backgrounders provide timely insights on prominent business and economic policy issues facing the nation.
With autumn, the annual season for many major international meetings commences and each of these have helped illuminate the growing divide and tensions in the transforming global order. The G20 Summit, the gathering of the leading industrialized countries in India, offered an opportunity for the US and India to show leadership on the world stage in the absence of Presidents Putin and Xi as it displayed its growing division and the intensifying competition for the support of the Global South. At the Association of Southeast Asian Nations (ASEAN) Summit, the US and China competed to deepen their ties with the region. The annual meeting of the UN General Assembly provided a chance for the West to refocus international attention on the war in Ukraine with President Biden seeking to seize the opportunity to rally support for Ukraine from a war weary foreign and domestic audience. It also provided the President another platform to appeal to the Global South nations. Meanwhile, China and Russia’s bilateral diplomacy has helped bring out of the shadows onto the world stage two of the world’s most isolated nation’s that have been undermining the rules based international order for years—North Korea and Iran.
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