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Regional Financial Institutions

Regional Financial Institutions, New Development Bank, and Asian Development Bank: Role, Objectives, Purpose, and Goals

Admin015 mins

Introduction Regional Financial Institutions (RFIs) play a vital role in shaping economic stability, promoting development, and supporting financial cooperation within specific geographic regions. Unlike global financial institutions such as the International Monetary Fund (IMF) or World Bank, RFIs focus on addressing the unique developmental needs of their member regions. Among the most significant RFIs are…

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Global Cooperation in Action

Global Cooperation in Action: An Overview of ILO, IBSA, BRICS, EU, EEU, and SAARC

Admin015 mins

1. International Labour Organization (ILO) Introduction The International Labour Organization (ILO) is a specialized agency of the United Nations (UN) that deals with labour issues, employment rights, and social justice. It was established in 1919 as part of the Treaty of Versailles, making it one of the oldest international organizations still active today. The ILO…

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Trade Tensions and India’s Path

Trade Tensions and India’s Path

Admin013 mins

Introduction The global economy has become increasingly interdependent, with international trade serving as a lifeline for growth, industrialization, and technological advancement. However, this interdependence also exposes countries to external shocks arising from disputes between major economic powers. The U.S.-China trade war, which began in 2018, has been one of the most significant disruptions in the…

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Tariff Wars

Tariff Wars: Origins, Global Impacts, and India’s Economic Position

Admin014 mins

Introduction In the era of globalization, nations are increasingly interconnected through trade, investment, and technology. However, global trade is often threatened by tariff wars, a type of economic conflict where countries impose taxes on imports to protect domestic industries or retaliate against trade practices deemed unfair. Tariff wars are a subset of trade wars, with…

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