Topic: Important International institutions, agencies and fora- their structure, mandate; Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests
2) The creation of the AIIB was expected to plug Asia’s monumental infrastructural deficit. Critically examine if the AIIB has succeeded in becoming a credible institution that promises to make an important contribution in providing regional and global public goods. (250 Words)
Why this question?
There will be a question on international institution/organisation. AIIB can be expected in this year Mains.
Key demand of the question:
You should examine performance of AIIB during past two years. Examine in the light of its stated objectives.
Critically examine: Examine both success and failures of AIIB. Let major focus be on its success.
Structure of Answer:
In the introduction write how creation of AIIB and similar institutions in Asia was essential and how they have been a driving force in Asia resurgence. Write a line saying that it’s work in progress, especially from India’s point of view.
In the body, divide answer into TWO main parts. In the first part, write about its success. Write few points from India’s perspective. In the Second part, write negatives, with some focus on China’s agenda.
In the conclusion, write saying it’s too less a period to truly assess AIIB’s contribution to the region and to the world.