Sanjeev Verma Ch37: Global Consensus: Going Forward | Cooperation, Supervision & Collective Leadersh скачать в хорошем качестве

Sanjeev Verma Ch37: Global Consensus: Going Forward | Cooperation, Supervision & Collective Leadersh

Welcome to Simplified UPSC by पठति पठत: पठन्ति! In this comprehensive discussion, we'll deep dive into Chapter 37 of Sanjeev Verma's Indian Economy, focusing on "Global Consensus: Going Forward." This crucial chapter outlines the international economic cooperation and institutional reforms required following the 2008 Global Financial Crisis (GFC) to ensure effective global governance and economic stability. We analyze the three key pillars: 1. Enhanced Monetary Cooperation: The necessity of policy coordination and information sharing between governments and apex central banks to prevent future crises, addressing the Contagion Effect. 2. Global Supervision over Regulation: The shift towards flexible global monitoring and guidance (Supervision) rather than rigid, binding rules (Regulation), respecting national sovereignty and fostering financial innovation. 3. Good Collective Leadership and Governance: The requirement for inclusive, transparent, and accountable international institutions (like IMF, BIS) backed by collective political will. We provide detailed insights specifically tailored for UPSC Prelims (distinguishing Cooperation vs. Coordination) and UPSC Mains, linking these concepts to GS Paper 2 (International Relations) and GS Paper 4 (Ethics in Governance). Join our Community: https://t.me/simplifiedupscbyppp Like, Share, and Subscribe for more high-quality UPSC preparation content. 📝 SUMMARY 📝 This lecture covers Sanjeev Verma Chapter 37 (Global Consensus: Going Forward). It identifies three pillars for post-GFC global governance: enhanced inter-governmental monetary cooperation (policy coordination, information sharing); focusing on flexible global supervision (monitoring/guidance) instead of rigid regulation (respecting national sovereignty and innovation); and the need for inclusive, transparent collective leadership (Good Governance). The discussion highlights the contagion effect and the differences between cooperation and coordination, connecting these themes directly to UPSC Mains (GS2, GS4) answer writing requirements. ⏰ TIMESTAMPS ⏰ 00:00 - Introduction to Sanjeev Verma Chapter 37 00:20 - Chapter Overview: Global Consensus Going Forward 01:07 - Three Pillars of Global Governance 01:49 - Pillar 1: Need for International Monetary Cooperation 03:02 - Cooperation vs. Coordination (Policy Synchronization) 03:43 - Nuance between Cooperation and Coordination (Prelims Focus) 05:33 - Pillar 2: Better Global Supervision vs. Regulation 06:03 - Arguments against Excessive Regulation (Innovation, Sovereignty) 07:13 - Defining Supervision (Monitoring, Guidance, Standard Setting) 08:49 - Key Takeaway: Supervision vs. Regulation (Prelims) 09:55 - Pillar 3: Good Collective Leadership and Good Governance 11:21 - Linkage to UPSC Syllabus (GS Paper 2 & 4) 12:36 - Summary and Conclusion for UPSC Prelims & Mains #SanjeevVermaEconomy #UPSC #IAS #UPSC2025 #IndianEconomy #GlobalConsensus #GlobalGovernance #InternationalCooperation #MonetaryCooperation #SupervisionVsRegulation #CollectiveLeadership #GoodGovernance #UPSC_GS2 #UPSC_GS4 #FinancialStability #GFC2008 #ContagionEffect #PolicyCoordination #NationalSovereignty #Multilateralism #IMF #BIS #SanjeevVerma #EconomyLecture #UPSCPreparation #CivilServices #SimplifiedUPSC #IndiaEconomy #EconomyForUPSC #CurrentAffairs #UPSCNotes #IAS2025 #EconomicReforms #GlobalEconomicOutlook #GeoPolitics #InternationalRelations #EconomicPolicy #HindiLecture #UPSCStrategy #MainsAnswerWriting #Prelims #CentralBankCooperation #GlobalCommons #EthicsInGovernance #FinancialRegulation #Macroeconomics #EconomicGrowth