Globalization, Geopolitical and Geoeconomic Changes in the Contemporary World: Implications for India
Journal: Sustainable development
Year: 2025

The phenomenon of globalization had unfolded first in European countries, namely in Britain (by Margaret Thatcher) and America (by Ronald Reagan) in the early 1980s. Their respective policy prescriptions were referred to as “Thatcherism” and “Reaganism.” Subsequently, it was spread by the former president of the Soviet Union, Mikhail Gorbachev, through his twin policies of “Glasnost” and “Perestroika” in 1985. However, the philosophical and ideological basis of globalization was laid down by the