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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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G20, SCO, BRICS, QUAD, IPEF, and BIMSTEC

Multilateral Groupings: Developments within G20, SCO, BRICS, QUAD, IPEF, and BIMSTEC

Admin012 mins

Introduction In the contemporary globalized world, multilateral groupings play a pivotal role in shaping economic, strategic, and political landscapes. Nations increasingly rely on such frameworks to coordinate on global challenges, enhance trade, address security threats, and promote regional development. India, as a rising global power, actively engages in several such groupings including G20, SCO (Shanghai…

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