Observers expect trade fragmentation and economic-security debates to remain central global policy issues throughout 2026 as governments increasingly prioritise domestic industrial resilience and strategic economic independence
Indian-origin economist and former Reserve Bank of India governor Dr. Raghuram Rajan has renewed warnings regarding global trade fragmentation, geopolitical economic division, and rising financial uncertainty during international economic discussions reported within the past 24 hours.
Rajan, currently a professor at the University of Chicago Booth School of Business, stated during policy conversations and economic forums that increasing protectionism, supply-chain realignment, and geopolitical rivalry could weaken long-term global growth and financial stability.
Economic analysts noted that Rajan has consistently argued for maintaining open international trade systems and balanced regulatory frameworks while addressing inequality and financial-system vulnerabilities.
The latest discussions focused heavily on the economic consequences of geopolitical tension, tariff disputes, industrial subsidies, and strategic competition between major global economies
Financial experts warned that fragmentation of global trade and technology systems could create higher costs for developing economies dependent on export growth and cross-border investment.
Indian-origin economists continue playing highly influential roles within international macroeconomic policy debates involving inflation, debt management, central banking, and trade governance.
Market researchers observed that global investors remain closely focused on geopolitical developments affecting supply chains, energy markets, semiconductor production, and digital infrastructure.
Rajan also reportedly highlighted concerns regarding debt stress and slower productivity growth across several advanced and emerging economies.
Indian business organisations and diaspora economic forums welcomed his continued participation in global policy discussions, describing him as one of the most internationally recognised Indian-origin voices in economic governance.
