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Regional Financial Institutions

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

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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Regional Economic Cooperation in Asia

Regional Economic Cooperation in Asia: SAFTA, SAPTA, and ASEAN

Introduction In the age of globalization, regional economic cooperation plays a crucial role in promoting peace, prosperity, and sustainable growth. Countries across the world form economic groupings and trade blocs to strengthen regional integration, enhance trade, and ensure collective progress.In South and Southeast Asia, several such initiatives have emerged, including the South Asian Free Trade…

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pcs magazine

Impact of Transport Networks on Regional Disparities in India: Challenges and Solutions

Introduction Transport networks are a crucial component of a country’s economic and social development. They facilitate trade, enhance connectivity, and improve access to essential services like healthcare, education, and employment. In India, an extensive transport infrastructure consisting of roads, railways, airways, and waterways plays a significant role in shaping regional development patterns. However, disparities in…

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uppcs magaine

India’s Soft Power Diplomacy in Afghanistan: Strategic Influence Through Development and Culture

Introduction India’s engagement with Afghanistan has largely been characterized by its ‘Soft Power’ diplomacy, focusing on developmental assistance, cultural ties, and humanitarian support rather than direct military intervention. This approach has allowed India to maintain strong relations with Afghanistan, fostering goodwill and strategic influence in the region. This article evaluates the reasons behind India’s soft…

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Major Benefits of the Poorvanchal Expressway Project

The Poorvanchal Expressway, inaugurated in November 2021, is a significant infrastructure project that connects Lucknow, the capital of Uttar Pradesh, to Ghazipur in the eastern part of the state. Spanning approximately 340 kilometers, it is one of India’s most ambitious expressway projects aimed at enhancing connectivity, fostering economic growth, and improving regional integration. Developed under…

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