A decade into financial sector liberalization, there has been little concerted effort at restructuring the Indian public sector banks (PSBs). Though there has been significant progress in banking regulatory reform in the decade, the lack of restructuring has slowed down the assimilation of the incentive structures inherent in the new regulations.
On May 11, 1998, India conducted three underground nuclear tests, followed by two more 48 hours later. Two weeks later, Pakistan responded with six nuclear tests of its own. The purpose of this document is to analyze the reasons behind the Indian and Pakistani nuclear tests as well as their innumerable implications. To facilitate analysis, the study is divided into two parts. In the first, the reasons that propelled the governments of India and Pakistan to a posture of overt nuclearization are analyzed. In both cases, the nuclear tests were the result of diverse factors, ranging from security concerns to domestic political calculations to considerations of international prestige. In the second part of the document the impact of the Indian and Pakistani actions are analyzed on four well-defined levels: internal, bilateral, regional and global.
Topic:
International Relations, Security, and Nuclear Weapons
The purpose of this paper is to analyze the regional security problems of Brazil, India and South Africa in the Southern Cone of South America, South Asia, and southern Africa, respectively. The three states are treated as emerging powers, i.e., middle powers that have the capability and intention to maneuver their way into great power status. a study of the regional distributions of military and socioeconomic capability suggest Brazilian regional primacy, Indian regional dominance and South African regional supremacy. Furthermore, while Brazil's neighbors ignore its regional status, India's neighbors contest it and South Africa's neighbors acknowledge it. In the first three sections of the paper, the three regional powers studied in their respective regions, with emphasis on the geographical boundaries, historical evolution, cultural characteristics and power dynamics of each region. A comparative analysis of the nuclear option chosen by each emerging power is presented in the section immediately following the three case studies. The final section situates the regional security of the emerging powers in the context of U.S. grand strategy and analyzes security cooperation between Brazil, India, South Africa and the U.S. It is concluded that in their quest to transcend their regional bounds and have a global impact, the regional security context is a critical factor for the emerging powers.
Topic:
Regional Cooperation
Political Geography:
United States, South Asia, India, South Africa, Brazil, and South America