By: D.K Choudhary
- India Ranked Low on Being an Influencer in Global System
i. The Credit Suisse Research Institute published its “Getting over Globalization Report” on January 20, 2017 that ranks global economy in terms of being an influencer in the global system and moving towards multi polar world.
ii. India has achieved a very low rank of 2 among the countries across the world while the list was topped by countries such as US, UK, Japan.
iii. The index ranks each country on a scale between 1-5 with 5 being the highest and 1 being the lowest. It also considers 5 broad criteria, economic size, hard power, soft and diplomatic power and governance quality & distinctiveness.
Ranking List
5. US, Luxembourg, Hong Kong, Singapore, Switzerland, Belgium, Ireland, Denmark, Iceland
4. UK, Germany, France, Italy and Spain and Japan
3. China
2. India, Brazil and Russia
1. South Africa
- WEF, UCSB partner to protect world’s $2.5 trn ocean economy
i. Switzerland based World Economic Forum announced a partnership with the UCSB’s Marine Science Institute to improve health of world’s oceans and maritime resources on January 20, 2017
ii. Aim: To protect world’s USD 2.5 trillion ocean economy.
iii. This partnership will help the international community to meet the ocean sustainable development goal.
iv. It will be supported by the Benioff Ocean Initiative, an applied programme within the WEFUniversity of California, Santa Barbara’s (UCSB) Marine Science Institute, using science to improve ocean health, and the David and Lucile Packard Foundation, a fund to advance ocean science, protection and management.
WEF :
♦ Headquarters: Cologny, Switzerland
♦ Founder: Klaus Schwab
♦ Founded: 1971