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Editorials/Opinions Analysis For UPSC 02 April 2022


Editorials/Opinions Analysis For UPSC 02 April 2022


Contents

  1. BIMSTEC after the Colombo Summit
  2. India-Japan Relationship
  3. 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

Click Here To Read More: BIMSTEC after the Colombo Summit


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

Click Here To Read More: India-Japan Relationship


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

 

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