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  • Ajay Kumar asked: How are rising powers challenging the US and Western dominance in IMF and the World Bank?

    Rajeesh Kumar replies: Western powers, particularly the United States (US), predominate the two major post-World War international financial institutions, the International Monetary Fund (IMF) and the World Bank. The US is the only country with sufficient voting power to have a de facto veto right in both these institutions over certain decisions.

    Gaurav Singh asked: What is the difference between Globalisation and Internationalisation?

    Ashok Kumar Behuria replies: Both globalisation and internationalisation imply processes that seek to go beyond the local, national and regional phenomena and bring these together in an interdependent relationship, which make these processes enduring, if not irreversible. However, there are subtle differences between the two.

    Prasad asked: How has globalisation increased the pace of development of military technology and warfare?

    A. Vinod Kumar replies: Globalisation, a post-Cold War phenomenon, entails a plethora of conceptions pertaining to global interdependence of societies, peoples and cultures. In the economic realm, globalisation represents the integration of economies through free trade, driven by lowered tariffs and minimal protectionism.

    Ganesh Maske asked: Is globalisation essentially a process of ‘universalisation’ of capitalist modernity?

    Saurabh Mishra replies: No, globalisation is not so simple and homogenous a phenomenon. The definition of globalisation has generally been disciplinary in nature, adapted to the aims and objectives of each discipline.

    The Arctic as a Global Common

    India’s ‘strategic community’ must take the lead in articulating the debating the idea of including the Arctic in the discourse on global commons.

    September 02, 2011

    Understanding the Globalisation Mind Game

    This paper is an attempt to understand the enigma that is globalisation. The paper relies on the global capitalism approach, which locates the dominant global forces in the structure of an ever-more globalising capitalism. It deals with the role of neo-liberal globalising forces in the field of global economics; global politics and the role of ideology of consumerism in transnational cultural ideological practices.

    July 2003