International Economic Institutions
📊 High-Yield Data & Statistical Fact Sheet
| IMF Quota & Voting | - India holds a 2.76% quota share (8th largest) and ~2.63% voting power. |
| World Bank Membership (4 Bodies) | - India is a founding member of IBRD, IDA, IFC, and MIGA. |
| ICSID Non-Membership | - UPSC Rule: India is NOT a member of ICSID (International Centre for Settlement of Investment Disputes). |
| AIIB Stakeholding | - Headquartered in Beijing; China holds largest voting share, India is 2nd largest stakeholder. |
| NDB (BRICS Bank) Voting | - Headquartered in Shanghai; operates on "One Member, One Vote" equal capital sharing. |
1. THE BRETTON WOODS TWINS: IMF & WORLD BANK
| IMF Stand-By Arrangement (SBA) | - Short-term loans for countries experiencing temporary economic shocks. |
| IMF Extended Fund Facility (EFF) | - Medium-term loans designed to support structural economic reforms. |
| IMF PRGT Facility | - Concessional loans provided to low-income countries at zero interest. |
| IMF Flagship Reports | - World Economic Outlook, Global Financial Stability Report, Fiscal Monitor. |
| World Bank Group (5 Entities) | - ``` [World Bank Group (WBG)] │ ┌───────────────┬──────────────────────┼──────────────────────┬───────────────┐ ▼ ▼ ▼ ▼ ▼ [IBRD] [IDA] [IFC] [MIGA] [ICSID] (Middle-Income) (Poorest Nations) (Private Sector) (Political Risk) (Disputes) (Hard Loans) (Soft/Concessional) (Debt/Equity) (FDI Insurance) (India OUT) ``` |
2. WORLD TRADE ORGANIZATION (WTO) & TRADE AGREEMENTS
| MFN (Most Favoured Nation) Principle | - Requires equal non-discriminatory treatment to all trading partners. |
| National Treatment Principle | - Imported goods treated no less favorably than domestic goods once across borders. |
| TRIPS Compulsory Licensing | - Article 31 allows national governments to issue compulsory licenses for generic production of patented medicines in public health emergencies. |