Editorials/Opinions Analysis For UPSC 02 April 2022
Contents
- BIMSTEC after the Colombo Summit
- India-Japan Relationship
- Why De-Dollarisation is imminent
BIMSTEC after the Colombo Summit
Context
Fifth Summit of the BIMSTEC was held in Colombo which advanced the regional cooperation and integration.
Relevance
GS-II: Bilateral, Regional and Global Groupings and Agreements involving India and/or affecting India’s interests.
Dimensions of the Article
- Colombo Package
- Trade Pillars and Support needed
- Leaders and Commitments
- What more is needed?
- Way Forward
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India-Japan Relationship
Context
Seventy years after diplomatic relations were established, here in India today, a metro system built with the support of Japanese official development assistance (ODA) is in operation, cars built by Japanese companies run on the streets, and a high-speed rail will make its debut in the future.
Relevance
GS-II: Bilateral, Regional and Global Groupings and Agreements involving India and/or affecting India’s interests.
Dimensions of the Article
- The realization of new form of capitalism
- Challenges to global order.
- Future of India- Japan relations
- Way Forward
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Why De-Dollarisation is imminent
Context
The war in Ukraine and the subsequent economic sanctions will trigger central banks to go back to their drawing boards to reassess their dependency on the greenback.
Relevance
GS-II: Effect of Policies and Politics of Developed and Developing Countries on India’s interests, Indian Diaspora
Dimensions of Article
- How sanctions on Russia could lead to De-dollarisation?
- How China and Russia are responding?
- Why the dominance of the Dollar continues?
- Way Forward
Click Here To Read More: Why De-Dollarisation is imminent