Developmental Path A Snapshot View Do you know that India, Pakistan and China have many similarities in their developmental strategies? All the three nations have started towards their developmental path at the same time. While India and Pakistan became independent nations in 1947, Peoples Republic of China was established in 1949. All the three countries had started planning their development strategies in similar ways. While India announced its first Five Year Plan for 1951

Introduction Hunger is one of the greatest global challenges of the 21st century. Despite considerable progress over the last 20 years, there has been a surge in global hunger, with figures from 2016 showing that more than 800 million people worldwide are malnourished. Children under five years of age represent 150 million of those affected, and for roughly three million of these children every year, the struggle ends in death. When faced with such staggering statistics, it i

Introduction The SDR is an international reserve asset that was formed by the IMF in 1969 to augment the official reserves of its member nations. However, the worldwide supply of the U.S. dollar and gold, the two primary reserve assets, was insufficient to sustain the expansion of global commerce and the associated financial activities. This spurred member nations to establish an international reserve asset under IMF supervision. In response to concerns about the constraints