Posted inEconomy Notes
GATT and WTO – UPSC Economy Notes
The General Agreement on Tariffs and Trade (GATT) emerged in 1947 with the goal of establishing a fair and open international trading system by eliminating
Posted inEconomy Notes
World Bank Group and Covid-19 – UPSC Economy Notes
The World Bank Group's response to the COVID-19 pandemic has been extensive and aimed at supporting developing countries facing the health
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Bretton Woods 2.0: A Vision for Reform – UPSC Economy Notes
The call for Bretton Woods 2.0 reflects a recognition that the global economic landscape has evolved since the original Bretton Woods Conference
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IMF and World Bank: A Comparative Overview – UPSC Economy Notes
The International Monetary Fund (IMF) and the World Bank are two prominent international financial institutions, both established at the Bretton Woods Conference in 1944.
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India and the World Bank – UPSC Economy Notes
India holds the status of being a founding member of the World Bank (WB), having played a pivotal role in its establishment. The relationship between India and the WB
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World Bank: IBRD and IDA – UPSC Economy Notes
the International Development Association (IDA), collectively constitute the World Bank. Both entities share leadership and staff within the World Bank Group, which includes five institutions.
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World Bank Group – UPSC Economy Notes
The World Bank Group (WBG) originated from the Bretton Woods Conference in 1944, where new rules for post-WWII international economic reconstruction, development, and monetary stability were agreed upon.
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IMF and COVID-19 – UPSC Economy Notes
The COVID-19 pandemic has led to significant economic challenges globally, particularly impacting developing countries. Many of these nations faced
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BRICS Contingent Reserve Arrangement (CRA) – UPSC Economy Notes
The BRICS Contingent Reserve Arrangement (CRA) is a financial mechanism established by the BRICS countries (Brazil, Russia, India, China, and South Africa)
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Financial Action Task Force (FATF) – UPSC Economy Notes
Financial Action Task Force (FATF) is an inter-governmental agency working to set standards and promote the effective implementation of measures against money laundering, terrorist financing, and threats to the international financial system.
