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Evaluate the impact of the International Monetary Fund (IMF) and the World Bank on India's economic development and their role in shaping India's macroeconomic policies. Discuss the criticism and reforms proposed by India and other developing countries in these institutions.
The International Monetary Fund (IMF) and the World Bank have significantly influenced India's economic development and macroeconomic policies. The IMF provided critical financial assistance during India's 1991 balance of payments crisis, leading to structural reforms like liberalization, privatizatRead more
The International Monetary Fund (IMF) and the World Bank have significantly influenced India’s economic development and macroeconomic policies. The IMF provided critical financial assistance during India’s 1991 balance of payments crisis, leading to structural reforms like liberalization, privatization, and globalization. These measures spurred economic growth, increased foreign investment, and modernized the economy. The World Bank has supported India through loans and grants for infrastructure, poverty alleviation, and social development projects, enhancing sectors like education, health, and rural development.
However, India and other developing countries have critiqued these institutions for their stringent conditionalities, which often include austerity measures and policy prescriptions that may not align with domestic priorities. Critics argue that these conditions can exacerbate inequality and hinder social welfare. Additionally, there is a call for greater representation and voice for developing nations in the governance structures of the IMF and World Bank.
India and its peers advocate for reforms to make these institutions more inclusive and responsive to the needs of developing economies. Proposed changes include increasing the voting power of emerging markets, ensuring more flexible policy advice, and tailoring financial support to better address developmental challenges and promote sustainable, inclusive growth.
See lessDiscuss India's engagement with the Organization for the Prohibition of Chemical Weapons (OPCW) and its efforts to strengthen the global regime against the use of chemical weapons, including its position on the Syrian chemical attacks.
India has been a proactive member of the Organization for the Prohibition of Chemical Weapons (OPCW) since the Chemical Weapons Convention (CWC) came into force. Demonstrating its commitment, India completed the destruction of its chemical weapons stockpiles in 2009, well ahead of the deadline. IndiRead more
India has been a proactive member of the Organization for the Prohibition of Chemical Weapons (OPCW) since the Chemical Weapons Convention (CWC) came into force. Demonstrating its commitment, India completed the destruction of its chemical weapons stockpiles in 2009, well ahead of the deadline. India actively participates in OPCW’s verification measures, inspections, and capacity-building programs, contributing to global efforts against chemical weapon threats.
India has hosted and taken part in various OPCW training programs to bolster the capacity of member states to implement the capacity of member states to implement the CWC. Additionally, India provides technical assistance to countries, sharing best practices and expertise to enhance national regulatory frameworks.
Regarding the Syrian chemical attacks, India firmly condemns the use of chemical weapons and supports impartial investigations by the OPCW to establish facts and hold perpetrators accountable. India advocates for a political solution to the Syrian conflict, emphasizing dialogue and negotiations, and supports the UN-led peace process. It stresses the importance of international cooperation to strengthen global disarmament and non-proliferation regimes, highlighting its commitment to a world free of chemical weapons.
See lessWhat should be do for preparation of entrance?
At first understand the entramce exam pattern After that understand the syllabus Make a schedule and start working hard and smart work is also necessary leave the rest of the gods.
At first understand the entramce exam pattern After that understand the syllabus Make a schedule and start working hard and smart work is also necessary leave the rest of the gods.
See lessWith initiatives within the SAARC not moving forward in the desired direction, BIMSTEC can be a vibrant alternative forum for regional grouping in South Asia and South-East Asia. Discuss.
Answer: In this dynamic world, India has focussed on a foreign policy, which incorporates a smooth conduct of regional relationships through multilateral partnerships enabling mutual cooperation and growth. South Asian Association for Regional Cooperation (SAARC), as an organisation, reflects the SoRead more
Answer: In this dynamic world, India has focussed on a foreign policy, which incorporates a smooth conduct of regional relationships through multilateral partnerships enabling mutual cooperation and growth. South Asian Association for Regional Cooperation (SAARC), as an organisation, reflects the South Asian geographical identity of the countries. However, since its inception in 1985, various initiatives within the SAARC are not moving forward in the desired direction due to various reasons, including:
In view of this, it is argued that Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) can be a better alternative forum for regional cooperation due to following reasons:
SAARC and BIMSTEC focus on geographically overlapping regions. However, this does not make them equal alternatives. SAARC is a purely regional organisation, whereas BIMSTEC is an inter- regional organization. They complement each other in terms of functions and goals. BIMSTEC provides SAARC countries a unique opportunity to connect with ASEAN. Further, the success of BIMSTEC does not render SAARC redundant, it adds a new chapter in regional cooperation in South Asia.
See lessState the functions of the United Nations Human Rights Council. Also, discuss the issues faced by the Council in the promotion and protection of human rights around the globe.
Answer: The Human Rights Council is an inter-governmental body within the United Nations system and is made up of 47 United Nations Member States, which are elected by the UN General Assembly. It meets at the UN Office at Geneva. Functions of the United Nations Human Rights Council: It is responsiblRead more
Answer: The Human Rights Council is an inter-governmental body within the United Nations system and is made up of 47 United Nations Member States, which are elected by the UN General Assembly. It meets at the UN Office at Geneva. Functions of the United Nations Human Rights Council:
However, while performing these functions, following are the hurdles faced by the Council in promotion and protection of human rights around the globe:
Thus, there is need to undertake various measures such as open ballots in Council elections, lowering the two-thirds vote threshold to make it easier to remove a Council member, strengthening UPR mechanism of the UNHRC. Moreover, any state found to be responsible for reprisals against human rights defenders, and which fails to rectify them, should be disqualified from sitting on the Council.
See lessCritically analyse the International Criminal Court's (ICC's) role in maintaining international peace and justice. Also discuss why India continues to stay out of the ICC.
Answer: The International Criminal Court (ICC) is a permanent court to prosecute serious international crimes committed by individuals. It was established in 2002 under the Rome Statute and has jurisdiction to prosecute individuals for the international crimes of genocide, crimes against humanity, wRead more
Answer: The International Criminal Court (ICC) is a permanent court to prosecute serious international crimes committed by individuals. It was established in 2002 under the Rome Statute and has jurisdiction to prosecute individuals for the international crimes of genocide, crimes against humanity, war crimes and crimes of aggression. The court has played a critical role in the international legal architecture to combat massive human rights violations which affect peace and security. Some of its investigations, trials and remarkable rulings include:
Despite its noble aspirations, the ICC comes up against continued scrutiny and criticism over its operational activities such as:
India opted to remain out of it is based on the following principal objections:
Justice contributes to long-term peace, stability and equitable development in post-conflict societies. Thus, states should encourage cooperation with ICC towards the fulfilment of ICC’s mandate. Even if India is not ready to join, it should move towards a posture of constructive engagement with the ICC as an observer.
See lessSince the end of the Cold War, NATO has struggled to redefine its role and relevance. Critically analyse.
Answer: North Atlantic Treaty Organisation (NATO) is the largest military alliance on the planet. It was established in 1949 as a bulwark against the Soviet armies after the Second World War. It guarantees the freedom and security of its members through political as well as military means. Born fromRead more
Answer: North Atlantic Treaty Organisation (NATO) is the largest military alliance on the planet. It was established in 1949 as a bulwark against the Soviet armies after the Second World War. It guarantees the freedom and security of its members through political as well as military means. Born from a desire for collective defence and containment of the USSR, its mandate post Cold War morphed to include nation-building, peace-keeping, military-civil relations and the never-ending fight against terrorism and organised crime, with varying degrees of success. Since then, NATO has been struggling to remain relevant and faces challenges in redefining its role:
Throughout history, military alliances have formed to balance the countervailing power. They have collapsed when the need for a balance disappeared as a result of either power crumbling or changing threat perceptions. However, the collapse of Soviet imperial rule in the late 1980s did not lead to NATO’s demise rather it has evolved, Le.:
Thus, post Cold War, the NATO has not only survived but been transformed into a politico-military entity. NATO of today is a confluence of like-minded democratic ideals and of shared values. The world order has changed and it is in this climate that NATO now has to operate. Unlike the Cold War era, with one clearly defined adversary, today there is a need to fight a patchwork of local conflicts while maintaining an ever-growing alliance between countries.
See lessUN Peacekeeping requires reforms to keep its operations fit-for-purpose. In this context, discuss the challenges faced by the UN Peacekeeping. Also, suggest reforms to improve its operations.
For UN Peacekeeping to continue serving its intended purpose, adjustments are necessary. Talk about the difficulties the UN Peacekeeping is facing in this situation. Additionally, recommend changes to enhance how it operates.(Answer in 150 words)
For UN Peacekeeping to continue serving its intended purpose, adjustments are necessary. Talk about the difficulties the UN Peacekeeping is facing in this situation. Additionally, recommend changes to enhance how it operates.(Answer in 150 words)
See lessThe India-UAE CEPA will serve as a catalyst to bolster economic ties between the two countries and give India greater access to the region. Discuss.
Answer: The UAE is India's third largest trade partner after the USA and China and the second largest export destination. This relationship got a further boost recently with the signing of the Comprehensive Economic Partnership Agreement (CEPA) in 2022. India-UAE CEPA is the UAE's first comprehensivRead more
Answer: The UAE is India’s third largest trade partner after the USA and China and the second largest export destination. This relationship got a further boost recently with the signing of the Comprehensive Economic Partnership Agreement (CEPA) in 2022. India-UAE CEPA is the UAE’s first comprehensive strategic partnership with any country, and it is India’s first Free Trade Agreement (FTA) in a decade. One of the primary objectives is to increase the bilateral non-oil trade to US$ 100 billion in the next five years. Economic significance of India-UAE CEPA, which will enhance India’s engagement in the region
Other benefits under the agreement, which will enhance India’s access in the region
Along with these benefits, CEPA has a safeguard mechanism for sudden surges in imports, and strict country-of-origin rules to prevent products from other countries from moving via the CEPA route. Hence, the CEPA is a historic future-looking agreement that will benefit both India and the UAE in the long run in various ways.
See lessDiscuss the role played by the International Atomic Energy Agency (IAEA) in the field of nuclear safety.
Answer: Nuclear technology is dual use in its essence i.e. it can be used for the production of electricity or medical isotopes, and also serve as a source of fissile material for nuclear weapons. Therefore, any civil cooperation in the field of nuclear energy, especially uranium enrichment and reprRead more
Answer: Nuclear technology is dual use in its essence i.e. it can be used for the production of electricity or medical isotopes, and also serve as a source of fissile material for nuclear weapons. Therefore, any civil cooperation in the field of nuclear energy, especially uranium enrichment and reprocessing of plutonium, increases the risk of proliferation and militarization of nuclear installations and spent fuel. In this context, a global central inter-governmental forum i.e. the International Atomic Energy Agency (IAEA) was established in 1957 for the safe, secure, and peaceful use of nuclear science and technology. It is an autonomous organization within the United Nations system. It operates in four major areas, which include:
Under the Treaty on the Non-Proliferation of Nuclear Weapons (NPT), it is the legal obligation of the non-nuclear weapon states to conclude a bilateral Comprehensive Safeguards Agreement with the IAEA, making all nuclear materials held by them subject to the safeguards of the IAEA, which includes special inspection in case of suspicion. Despite its significance, several drawbacks have been observed in the functioning of the IAEA:
With the advancement in technology and rising need for energy, several countries including the UAE, Jordan, and Saudi Arabia are trying to establish their own civilian nuclear program and countries like Brazil, India, South Africa, and China are demanding international cooperation in the peaceful use of dual technologies. Considering these demands, there is a need to increase the budget of the IAEA and enhance its authority through adequate reforms.
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