Friday, July 20, 2012
Sunday, July 15, 2012
Rohingya muslims
- Several people have been killed and homes of several hundreds torched in ethnic clashes between Buddhists and the stateless Rohingya Muslims in the Rakhine State
Who are the Rohingyas?
- They are Sunni Muslims and ethnic minorities in rakhine state
- majority population follows Theravada Buddhism
Where did they come from?
- Burmese military points to history, maintaining that the Rohingyas crossed over from present-day Bangladesh
How have the Rohingyas been treated?
- Under Pinlon Agreement of 1947 Rakhine was included in myanmar but the Rohingyas were kept out of nation-building
- After a military crackdown in 1978, Rohingyas fled in thousands to Bangladesh
- Under world pressure, the military agreed to their repatriation.
- Another crackdown in 1991 again sent Rohingyas across the border
- Some 30,000 still live in two refugee camps in Bangladesh
How did the Rohingyas become stateless?
- Burma Citizenship Law of 1982 sought to deny citizenship to people of Indian and Chinese descent and also targeted the Rohingyas
- full citizenship was granted to people of 135 national races who lived in Burma before 1823 — i.e. before British colonisation. Rohingyas were not in this list
Spill over effect of rohingya issue on India
- Many of these refugees are without jobs and could fall prey to radical ideologies.
- They may join the Harkat-ul-Jihadi Islam (HuJI) which has been accused of carrying out bomb blasts in Assam. Another aspect could be the fear of a major spill over of the conflict into India’s north-east in terms of refugee flow from across the porous Bangladesh-India border
Friday, July 13, 2012
Thursday, May 31, 2012
Pub ad : Q&A
Q. For Weber,
bureaucracy emerged as a neutral , hierarchically organized , efficient and
inevitable in contemporary society 15 M
Weber conceptualized theory of bureaucracy in 19th
century german society which was going through a political chaos. He considered
bureaucracy as a legal rational authority capable of delivering a stable
administration. Weber considered following as important characteristics of
bureaucracy
1.
Hierarchy
2.
Rule orientation
3.
Impersonality
4.
Role specificity
5.
Neutrality
6.
Anonymity
Hierarchically structured organization
facilitated in clear definition of roles and responsibilities for various
positions in an organization. Neutrality ensured that decisions were made on an
objective and rational basis. It insulated bureaucracy from political
executive. Bureaucracy with these characteristics delivered stable and
efficient administration in germany. Soon it was adopted by various countries. Hence
bureaucracy emerged as an inevitable and efficient form of administration in 19th
century.
However
over a period of time, the evils of bureaucracy like goal displacement, stratus
quoist orientation emerged. This led to rise of post bureaucratic organizations
to address the deficiencies in bureaucratic organizations. However certain
features of bureaucracy like impersonality, anonymity are still relevant to 21st
century society
Monday, May 28, 2012
GREXIT: Will it Happen
- source- Economic times
- WILL GREECE LEAVE THE EURO ZONE
- Unlikely in the near future.The fallout of Greeces exit would be
more painful than negotiating fresh conditions under which the austerity measures and repayment obligations could be eased.Any exit has to be voluntary as no country can be pushed out. - WHAT HAS CHANGED POLITICALLY FOR GREECE
- New French President Francois Hollande has hinted at some relief
for Greece as he stands for liberal government spending rather than austerity.Even Chancellor Angela Merkel,who has been the prime mover of the austerity drive,could agree to climb down as a possible Greek exit could hurt German companies and banks and her country would lose all economic benefits it gained from the single currency.
Its banking system will collapse,with depositors pulling out funds and banks ownership of Greek bonds becoming worthless.Bank funding will dry up as ECB wont lend anymore.Creation of a new currency,or the return to its old drachma,will lead to depreciation of as high as 80%.That would bloat debt and make imports impossible,causing job losses & poverty.
- WHAT IF THE BANKING SYSTEM COLLAPSES
The contagion will spread since faith in the euro would vanish.Peripheral countries such as Portugal and Spain,where the banking system is perceived to be weak,will also come under assault as people will pull out funds.Once the contagion spreads,the financial markets will seize up. - .
- CAN GREECE GAIN FROM TRADE IF CURRENCY FALLS
Once it pulls out of the euro zone,its trade with other countries will face tariffs.Movement of capital and labour will also be restricted,causing more pain. - HOW MUCH IT NEEDS TO REPAY DEBT
Greece will need around 20 -28 billion a year until 2016.Thereafter,the funding requirements could fall below 20 billion and converge towards 10 billion.Under this scenario,bailout III would require around 110 billion from 2015-2020,according to RBS. - IS AN ORDERLY EXIT POSSIBLE
No.Approximately 20% of the worlds reserves are in euros,and a larger notional amount of euro swaps are traded than dollar swaps.An exit would almost automatically be disorderly as different laws govern different contracts.
Saturday, May 26, 2012
Tuesday, April 3, 2012
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