11 Apr G-20 : Its significance and its role in Disordered World
G-20 : Its significance and its role in Disordered World – Today Current Affairs
Context : Western nations want to throw Russia out of the G-20. China has opposed them. Western World thinks that without more and more economical and political sanction, Russia can not be pressured and punished for the office of the Russian Ukrainian war. India would be Chairman of the G@0 from Dec 2022, therefore , India’s role now has been increased and in this crucial situation India must play a role of global leader.
Today Current Affairs
Introduction :
G-20 is the intergovernmental organization of 19 nations and European Nations. By Dec 2022, India is going to Chair the summit of G20. Russia is also a member of G 2). Now the European Union and the western countries are pressuring India to expel Russia from the G20 and support western countries for more effective sanctions . G20 is a group for economical and financial cooperation among the member countries . Therefore , G20 can play a crucial role over the realization of the economic sanctions on Russia by western countries. The Hindu Analysis
It has been observed that institutions of global governance have failed to unite the world. Summit after summit has produced mostly hot air in trying to resolve the global climate crisis. Could G20 countries be helpful to resolve such crises. This type of world is facing the geopolitical issue, and the world is facing the problem of a corona pandemic. Many poor countries of the world are still starving for the covid vaccine , however WTO is supplying these vaccines. Some countries of the world are facing economic problems. However there are many internal issues which should be tackled by the Indian government first. The war in Ukraine in February 2022 has put the final nail in the coffin of the boundary less global economy that seemed to be emerging with the fall of the Berlin Wall and the collapse of the Soviet Union in 1991.
Role of International organization after 2nd World War : The Hindu Analysis
The non Democratic structure of some international organizations is also worthless . After the second world war, many international political , social , economical organizations were formed. But these organizations are also to protect their own interest not to solve global issues. The inequality among these organizations is creating the situation of conflict at a global level . New institutions for global governance were established — the United Nations and the General Agreement on Tariffs and Trade (GATT), and the World Bank and the International Monetary Fund (IMF) to provide finance to build the economies of all countries to eliminate poverty. The UNO can control the international organization like WTO, IMF and World bank. UNO is still not democratic in its nature . Five countries have veto power . Therefore , this big organization of UNO must be democratized . Without democratization of the UNO , UNO will be continuously losing its faith and power and once it would be the puppet of the powerful countries of the world.
However the The UN General Assembly meets every year and plays an important role to fight with global problems — hunger, poverty, women’s rights, terrorism, climate change, etc. But this global government must be more democratic and based on the principle of equality. The resort of the security council should also be in the favor of the establishment of democracy in the member countries . At least all those countries which are most powerful countries must ensure their internal democracy. The Hindu Analysis.
Inequality based any organization would not be more powerful in future . Therefore all the organizations of the world , either economical , social, political must be based on equality and those should be more democratized .
Role of G20 : The Hindu Analysis
G20 is the organization of countries like China, India , Russia, Australia , South Korea , America etc. India is one of the most prominent members of this organization and is going to chair e this organization by December 2022 . Therefore , Now the responsibility of India has been increased at global level. Nothing should be done against the interest of India. However India has always been in the favor of peace , humanism and communal and racial harmony. Therefore India , first should try to establish peace . Expulsion of Russia from this organization would not be a solution for the Ukrainian problem . After expulsion Russia would be more free to justify her steps of the attack. Therefore , member countries of the G20 must pressurize Russia for economic sanction and pressurize to stop war and go for further negotiation
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Conclusion
However , India is also facing many internal problems . An atmosphere of the communal conflict is continuously increasing in the country and price hike is again a major problem for India so keeping these internal problems, India should move for global peace. India can not ignore the support of western countries in economic affairs and simultaneously Russia has been a friend of India for a long time . So India must be balanced and little bit tending towards pressurizing Russia for further negotiation and for the establishment of peace.
Here we mention all information about G-20 : Its significance and its role in Disordered World Today Current Affairs.
plutus ias daily current affairs 11 April 2022
Source : The Hindu (Editorial)
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Plutus IAS Current Affairs Team Member
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