Synopsis: Wrongdoings of WB and IMF, unsuitability of heads of these institutions, various steps that these institutions need to take to maintain their credibility and legitimacy Introduction Head of the World Bank and IMF are selected under the dual monopoly selection procedure wherein only an American can head the World Bank and only a European can head the… Continue reading There’s an urgent need to clean up the World Bank and IMF
Tag: important international institutions
WHO’s stark message on air quality — and what India must do
Synopsis: Air pollution is worsening in India. We need to raise our air quality standards in line with recently released WHO guidelines and ensure strict compliance while transitioning to a cleaner energy model. Contents1 Introduction 2 Why India should be concerned about air pollution? 3 What are the harmful effects of the air-pollution? 4 What is the way… Continue reading WHO’s stark message on air quality — and what India must do
Trade multilateralism at risk
Synopsis: About WTO’s crisis, various challenges faced by WTO and the way forward. Contents1 Introduction 2 What crisis WTO is facing today? 3 What are the challenges that WTO currently faces?4 What is the way forward? Introduction The World Trade Organization (WTO) is the global trade body. Currently, it is facing a serious existential crisis. The upcoming WTO ministerial meeting which… Continue reading Trade multilateralism at risk
An alphabet soup New Delhi need to sift through
Synopsis: India needs to reconsider the plethora of alliances it is in and rationalize them after a reality check. Introduction There are a lot of international, bilateral, multilateral groupings which either became dormant or lose their relevance in today’s scenario. Why these multiple organizations are a cause of concern? At present, there are more than… Continue reading An alphabet soup New Delhi need to sift through
A Quad alliance for emerging technology
Synopsis: To counter China’s influence, Quad announced their collaboration in the technology sector. Introduction Recently Quad Summit was held. Under this summit, a separate statement on “Quad Principles on Technology, Design, Development, Governance and Use” has been issued which is independent of the main statement. This signifies the focus of Quad countries on technology. What were… Continue reading A Quad alliance for emerging technology
United Nations Food Systems Summit: Need to transform food systems, say experts
Contents1 What is the news? 2 What is food system? 3 What kind of food system we need today? 4 What are the actions needed to realize the vision of 2030 agenda? What is the news? Recently, United Nations Food System Summit took place in New York. In this summit, leaders emphasized that there is a need to achieve the United Nations-mandated Sustainable… Continue reading United Nations Food Systems Summit: Need to transform food systems, say experts
WHO says air pollution kills 7 million a year, toughens guidelines
Contents1 What is the News?2 What are Global Air Quality Guidelines(AQGs)?3 What are the new guidelines?4 What do these guidelines mean for India? What is the News? The World Health Organization(WHO) has released the Global Air Quality Guidelines(AQGs). What are Global Air Quality Guidelines(AQGs)? Global Air Quality Guidelines(AQGs) is an annual mean concentration guideline for… Continue reading WHO says air pollution kills 7 million a year, toughens guidelines
The end of Ease of Doing Business Rankings: Reasons and implications – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 What is the rationale behind the move?3 What is the significance of the Ease of Doing Business report?4 What were the problems with the EDB index report?5 What are the implications of World Bank’s decision?6 What is the way forward? Introduction On September 16, the World Bank Group scrapped its… Continue reading The end of Ease of Doing Business Rankings: Reasons and implications – Explained, pointwise
Holding TNCs accountable
Contents1 What is the news? 2 What are the past efforts? 3 How we can hold the TNCs accountable? 4 What lessons India needs to learn? What is the news? As per the report published by the UN working group on ‘human rights, transnational corporations (TNCs) and other businesses’, it is important for states to ensure that their bilateral investment treaties (BITs) are compatible… Continue reading Holding TNCs accountable
World Bank discontinues Doing Business rankings
What is the News? The World Bank Group has recently decided to discontinue publication of its ‘Doing Business’ rankings. About the Doing Business Report Doing Business report measures regulations across the 190 economies in 12 business regulatory areas to assess the business environment in each economy. Read more: World Bank’s Doing Business Report What led to… Continue reading World Bank discontinues Doing Business rankings
