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Season 8: WTO Dispute Settlement Body
WTO is member-driven and consensus-driven. It is a set of rules based on fundamental Principles. However, disputes arise which need to be settled amicably. We study the Dispute Resolution Principles fundamental to WTO in this podcast.
AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of knowledge on his Virtual Coaching Portal https://niketkarajagi.com.
AtyaasaaOnline
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Season 8: Principles of WTO
WTO is member-driven and consensus-driven. It is a set of rules based on fundamental Principles. We study the Principles fundamental to WTO in this podcast.
AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of knowledge on his Virtual Coaching Portal https://niketkarajagi.com.
Season 8: From GATT to WTO
With Intellectual property gaining speed with innovations and services becoming a new area of business, GATT fell short as it covered only trade in goods. Also, some Governments used unscrupulous methods to beat the GATT system. This lead to the formation of WTO. This podcast focuses on the transition from GATT to WTO.
AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of knowledge on his Virtual Coaching Portal https://niketkarajagi.com.
Season 8: Advent of GATT
While the World Bank & UN came into existence as International Organizations, the need was felt to create an International Trade Organization. Hectic parleys started, and it led to the creation of the General Agreement on Tariffs & Trade. In this podcast, we discuss the creation of GATT.
AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of knowledge on his Virtual Coaching Portal https://niketkarajagi.com.
Season 8: The World Bank Group
Post the Brettenwood Conference, we saw the International Monetary Fund's formation & the International Bank of Reconstruction & Development. After this, the World Bank Group of International Organizations came into existence which comprised:
The IBRD & IDA together form the World Bank. In this podcast, we discuss the World Bank Group and its essentials.
AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of knowledge on his Virtual Coaching Portal https://niketkarajagi.com.
AtyaasaaOnlineSeason 8: Bretton Woods Twins
The end of World War II was a defining moment in the economic history of International Trade. It led to a decision of reconstruction of the economy through cooperation. The Bretton Woods Convention created the twins International Monetary Fund & International Bank of Reconstruction and Development as a part of the World Bank Group.
AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of knowledge on his Virtual Coaching Portal https://niketkarajagi.com.
Season 8: The Inter-War Period
Between the two great wars, it was a period of economic turbulence and devastation and also technological advancement. It also witnessed the great depression and colonial turbulence. World War II was the next key occurrence in the history of economics. The interwar period witnessed great turbulence.
AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of knowledge on his Virtual Coaching Portal https://niketkarajagi.com.
Season 8: The Pre-World War I Era
Colonization and Mercantilism were the norms. The economy and technology were on a high. Geo-Political situations created a conflict that sowed the seeds of the next war. A war to end all wars was World War 1 which was not to be. Turbulence and turmoil and also technological advancements marked the high points of this era.
AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of knowledge on his Virtual Coaching Portal https://niketkarajagi.com.
Season 8: Factor Endowment Theory by Hecksher-Ohlin
This is a Noble Prize winner theory. It comprises a 2X2X2 framework. Two countries, two commodities, and two production factors capital & labor. The theory proposes that countries must trade with factors of productions in a higher proportion. It is also thus called the theory of factor proportions. We discuss this remarkable theory in its details.
AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of knowledge on his Virtual Coaching Portal https://niketkarajagi.com.
Season 8: Theory of Comparative Advantage by David Ricardo
When Nations have multiple absolute advantages they still trade in what they are most efficient at. This Theory is close to current reality as Nations do have multiple areas of advantage. We discuss this scenario of trade in this podcast.
AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of knowledge on his Virtual Coaching Portal https://niketkarajagi.com.
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