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CSE MAINS 2019VALUE ADDITION SERIESG o v e r n a n c e , C o n s t i t u t i o n ,P o l i t y , S o c i a l J u s t i c e a n dI n t e r n a t i o n a l r e l a t i o n sGS Paper IIBYJU'S IASLEARN . UNLEARN . RELEARN
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CONTENTSCredit Imperialism / Debt-TrapDiplomacy / Chequebook DiplomacyInternational Court of JusticeOIC - India's ParticipationShanghai CooperationOrganisation (SCO)India - AfricaUNSC ReformsMilitarisation of spaceStatehood for DelhiSelect Committee of ParliamentBYJU'S IAS
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CONTENTSCabinet CommitteeUnlawful Activities (Prevention)Amendment ActCentral Bureau of Investigation(CBI)Modernizing City Governance ForUrban TransformationAnti-Defection, role of speaker, 10thscheduleRoad Safety and Motor Vehicles(Amendment) Bill 2019Need for a Law to Protect doctorsNational Medical Council BillSexual Harassment at workplaceBYJU'S IAS
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CONTENTS#MeToo MovementIn- house power of inquiry of theSupreme Court of IndiaDoctrine of ProportionalityTriple Talaq BillViolence against childrenProtection of Children fromSexual Offences (Amendment)Bill, 2019BYJU'S IASElectoral Bonds
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1 CREDIT IMPERIALISM/ DEBT-TRAP DIPLOMACY/CHEQUEBOOK DIPLOMACY Topic: Effect of policies and politics of developed and developing countries on India’s interests.Debt-trap diplomacyis a type of diplomacy based on debt carried out in the bilateral relations between countries. It involves one creditor country intentionally extending excessive credit to another debtor country with the alleged intention of extracting economic or political concessions from the debtor country when it becomes unable to honour its debt obligations (often asset-based lending, with assets including infrastructure). The conditions of the loans are often not made public and the loaned money is typically used to pay contractors from the creditor country. In many vulnerable countries, much of the burdensome debt is owed to a single source:China. According to a study by the International Monetary Fund (IMF), from 2013 to 2016, China’s contribution to the public debt of heavily indebted poor countries nearly doubled from 6.2 percent to 11.6 percent. A recent report (Examining the Debt Implications of the Belt and Road Initiative from a Policy Perspective) has shown that there are 23 BRI countries that are at risk of debt distress according to measures of debt sustainability, with 8 countries of particular concern. More recently analysts often reference the practice with respect to the foreign policy of China,especially through China's foreign aid, infrastructure investment, energy engagement and interconnectedness. China is a world leader in infrastructure development, having undergone rapid economic growth since its reform and opening economy under Deng Xiaoping due to its infrastructure-based development strategy.
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