6/14/2016

MrunalSummary:WTONairobiSummitoutcomes,SSMMechnism,AgroSubsidy

Mrunalhttp://mrunal.org

[BES16]EconomicSurveyBoPWTONairobiPackage,
IMFReforms,P2PLending,PNotesKYCNorms
PostedByMrunalOn12/06/2016@10:00pmInYoutube|3Comments

BES163P4:IMFReforms201516Yuaninclusion,Quotareview
BES163P5:WTONairobiSummit,SpecialSafeguardMechanism(SSM)
BES165P6:P2PLending,KYCNormsonPNotes,Crisisoccurringmorefrequently

BES163P4:IMFReforms201516Yuaninclusion,Quota
review,DirectorsAppointment
briefhistoryandoutcomesoftheBrettonWoodsconferencein1944,birthofWorldBankandits
fivesisteragencies,Internationalmonetaryfund,Generalagreementontariffandtrade.(GATT)
andWorldTradeOrganization(WTO)
IMFreforms:1)inclusionofyuaninSDRbasketofcurrencies,2)expandingquotaofemerging
marketeconomiesand3)appointmentofexecutivedirectors

http://mrunal.org/2016/06/bes163wtonairobi.html/print/

1/4

6/14/2016

MrunalSummary:WTONairobiSummitoutcomes,SSMMechnism,AgroSubsidy

YoutubeLink:https://youtu.be/j3HuI9sefRw

BES163P5:WTONairobiSummit,SpecialSafeguard
Mechanism(SSM)

chronologyoftheWTOministerialconferencesinrecentyears.
Updaterelatedtotradefacilitationagreement(TFA)fromBalisummit.
WTONairobiPackage:1)andeliminationofagricultureandcottonexportsubsidies2)special
SafeguardmechanismSSM3)tweakingtheDFQFrulesforleastdevelopedcountries(L.D.C),
informationtechnologyagreementITAevergreeningofpatents
criticismagainstWTONairobisummit.
majortradedisputesbetweenIndiaandUSAatWorldTradeOrganization.
Surveyobservation:Foreigntradeisdirectlyproportionaltothesizeofeconomyanddirectly
proportionaltodistance
classificationoftradeagreementsofnumberofparticipantsandintegrationlevel
economicsurveysobservationonmultiregionaltradeagreementsversusregionaltradeagreements
(MTA)TPPanditsimpactonIndia
fivetypesofpreferentialtradeagreements(PTA):PartialScopeAgreement,FreeTradeAgreement
(FTA),CustomsUnion(CU),CommonMarket(CM),EconomicUnion(EU)
hasIndiabenefitedfromtradeagreementsornot?observationsbyEconomicsurveyinvolume1
chapter8:whyshouldIndiashedoffitsBigbutpoorDilemmatogainmaximumbenefitfrom
http://mrunal.org/2016/06/bes163wtonairobi.html/print/

2/4

6/14/2016

MrunalSummary:WTONairobiSummitoutcomes,SSMMechnism,AgroSubsidy

tradeagreements?
YoutubeLink:https://youtu.be/dsmIP2EuK0U

BES165P6:P2PLending,KYCNormsonPNotes,Crisis
occurringmorefrequently

Economicsurveyhasobservedthatearlierfinancialcrisisinthenationaleconomyusedtohappen
withagapof10years,butnowadayssuchfinancialcrisisoccurringmorefrequently.Therefore,
Indianeedstobraceup,strengthenitsregulatoryregimeonbankingandfinance.
Bankingsectorreforms:stepsalreadytakenandstepsunderprocess.
NewupdatesrelatedtobankingsectorreformsSBIconsolidationmergerwithfiveassociatedbanks
andBharatiyaMahilaBank(BMB)argumentsinfavourandagainstthisproposal.
Withdrawalof3businessgroupsfrompaymentbanklicenseviz.1)DilipShanghvi2)
Cholamandalamand3)TechMahindra.
Whatispeertopeerlending(P2P):benefitsandpitfalls.RBIdraftguidelinesforregulationofP2P
lending
Budget2016provisionstodeepenCorporatebondmarketinIndiathroughSEBIandRBI.
NationalInvestmentandInfrastructureFund(NIIF)mechanism
SEBI:newKYCnormsonPNotesinvestment.
YoutubeLink:https://youtu.be/HF0S1rV20mE
NextLecture:4thPillarsectorofeconomyagriculturemorefromlessandLabourreforms.

http://mrunal.org/2016/06/bes163wtonairobi.html/print/

3/4

6/14/2016

MrunalSummary:WTONairobiSummitoutcomes,SSMMechnism,AgroSubsidy

ArticleprintedfromMrunal:http://mrunal.org
URLtoarticle:http://mrunal.org/2016/06/bes163wtonairobi.html
Copyright2014Mrunal.Allrightsreserved.

http://mrunal.org/2016/06/bes163wtonairobi.html/print/

4/4