Question Q.19 (continuation)GS2GS2
Critically examine the role of International Monetary Fund (IMF) in addressing debt distress in the global South. Hold the G20 presidency momentum to push IMF reforms?
Main Body
Fulfill western agenda: Open economy for developed countries pursue trade advantage to western Nation. eg: loan to pakistan despite allegation of terrorist funding India utilize G20 presidency momentum to push IMF Reform: Needed Reform: (1) Rationalize voting share in IMF to represent current Global order. ii Decrease USA hegemony to decision making by increasing representation of India, Africa, South America. iii Loan provided based on need and requirement rather than providing conditional loans. iv Domestic country say in conditionality right to reject if majority support.
86 words1 paragraphs1 bullet points
Answer continues on next page
This is a continuation from previous page
Topper
POOJA SONI
AIR 2492025
Subject & Paper
GS2GS2
Topic
International Institutions, Agencies and Fora - Structure and Mandate
Important International Institutions
IMF Role and Reforms
Writing Stats
86
Total words
1
Paragraphs
1
Bullets
analytical
Tone