Wednesday, May 27, 2026

Dealing with External Shocks - The Case of India

India’s External Shock Is an Economic Opportunity
https://www.project-syndicate.org/commentary/india-response-to-iran-energy-shock-by-gaurav-dalmia-1-and-chetan-aggarwal-2026-05
Despite strong fundamentals, India’s economy has major vulnerabilities stemming from its external account. With energy flows contested, shipping routes under threat, and capital markets increasingly shaped by geopolitics, the country must leverage its relative strength to weather current shocks and build long-term resilience.