Multilateral Development Banks and issues with global financial safety institutions

GS2/GS3 Paper   Syllabus: International Institutions and their working   Source: IE  Context: The article discusses that in the absence of significant governance reform, global financial safety institutions such as World Bank and IMF are losing effectiveness. What are Multilateral development banks (MDB)? They are international financial institutions for the purpose of encouraging economic development in …

Strengthening Multilateral Development Banks: The Triple Agenda

GS Paper 2  Syllabus: Important International Institutions, agencies and fora – their Structure, Mandate   Source: CGDEV  Context: An Independent Expert Group (IEG) that was commissioned by the Indian G20 Presidency has released the ‘Strengthening Multilateral Development Banks: The Triple Agenda’ report.   What are Multilateral Development Banks (MDBs)? An MDB is an international financial …

Sri Lanka’s recovery | The significance of India’s support

GS Paper 2 Syllabus: International Relations   Source: TH Context: Sri Lankan President announced that the country had cleared the last hurdles to be approved for a $2.9 billion bailout from the IMF.   Background: The country has been reeling from the covid crisis, economic mismanagement by the Rajapakse regime, mounting debts → soaring inflation …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 1 February 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 27 January 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

[MISSION 2022] Insights SECURE 2022 : Daily UPSC Mains Answer Writing Practice: 28 March 2022

  Click on EACH question to post/upload you answers. How to Follow Secure Initiative? How to Self-evaluate your answer?  MISSION – 2022: YEARLONG TIMETABLE Join IPM 4.0 to get an assured review of 2 secure answers everyday   General Studies – 1 Topic: Social empowerment 1. There have been various efforts towards securing a life of …

The International Monetary Fund (IMF) needs to recognise the changing economic dynamics of developing countries and undertake restructuring and reforms accordingly. Comment. (250 words)

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 4. The International Monetary Fund (IMF) needs to recognise the changing economic dynamics of developing countries and undertake restructuring and reforms accordingly. Comment. (250 words) Difficulty level: Moderate Reference: InstaPedia   Key Demand of the question: To write about how …

International Monetary and Financial Committee:

GS Paper 2 Topics Covered: Important International Institutions.   Context: International Monetary and Financial Committee meeting was held recently. The meeting was attended by Governors/Alternate Governors representing 190-member countries of the IMF. The discussions at the meeting centered on “vaccinate, calibrate and accelerate” which is the theme of the Managing Director’s Global Policy Agenda. The members …

Insights into Editorial: Why recovery in employment may lag the recovery in GDP

    Context: Over the past week, a big part of the focus on the IMF has been due to the controversy surrounding its Managing Director’s role in the alleged rigging of the World Bank’s Ease of Doing Business Rankings while she was the chief executive at the Bank. But, away from the controversies, the …