055 - Developed Versus Developing Countries Indias Interests
In light of the economic rise of Bangladesh, examine the opportunities for India and hope for South Asia. Discuss the associated challenges and suggest a way forward.
Bangladesh has surpassed India in terms of per capita GDP. This economic rise of Bangladesh poses new opportunities & hopes. Reasons for economic rise of Bangladesh: Subsidies & concessions due to LDC status. Unique models of financial inclusion (Grameen Banks). A strong and labour intensive manufacturing sector, e.g. textiles, toys. Opportunities for India in Bangladesh’s ..
There is an increasing demand for global minimum tax, across the world. Discuss the significance, prospects, and challenges for India.
Recently, the Organisation for Economic Cooperation and Development (OECD) announced that 136 countries (including India) have agreed to the Global Minimum Tax (GMT), which is to be paid by big MNCs, regardless of their location. The rate of GMT is fixed at 15%. Significance of GMT: It will help to counter tax evasion by MNCs, ..
The term ï¿½Indo-Pacificï¿½ has incited mixed response in the strategic community of India. Do you think that the coining of the term was a US strategy to redefine the geo-politics of the region. Comment.
The Indo-Pacific is basically a region between two different oceans-namely the Pacific Ocean and Indian Ocean lying between American West coast and the Eastern Coast of Africa. The region is considered by many international experts as a highly economically rich and strategically rich region. The term gained widespread coverage in 2017 when it was first ..
Direct talks between US, Iran are the only way to de-escalate tensions. A new framework and a new balance is the need of the hour. Comment.
It is the last minute reversal of President to stop the attack on Iran which has given rise to a new window of hope for many people who are directly affected by the aftermath. It was after the pull-out from the Iran Nuclear Deal that Trump Presidency followed the strategy of ï¿½maximum pressureï¿½ on Iran ..
The US needs to tone down its maximum pressure tactics with Iran as there are no apparent plans between the latter and a potential military conflict. Comment.
The main problem with the maximum pressure approach of President Trump is that it does not seem to have any forward plan. Iran is also threatening to breach its commitments it had reached under the Nuclear Deal regarding the uranium enrichment limits. President Trump is caught up in a situation where his tactic of maximum ..
The situation which is developing in the Gulf between US and Iran can be referred to as the Game of Chicken. Comment.
Game of Chicken is usually referred to a situation when two world countries are heading towards each other for gaining leverage. This is also known as the concept of game theory. The strategy behind the Game of Chicken is the fact that every player feels the other will slow down and hence become the chicken. ..