Print Friendly, PDF & Email

5) “Balkanizing the world by raising barriers would convert unequal prosperity to collective poverty.” Discuss in the light of Brexit Issue?(250 words)

Topic:  Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests.

5) “Balkanizing the world by raising barriers would convert unequal prosperity to collective poverty.” Discuss in the light of Brexit Issue?(250 words)

Livemint

Why this question:

The article is by ex RBI Governor Raghuram G. Rajan, He analyses the affects of possible BREXIT outcome by articulating multiple factors associated to it.

Key demand of the question:

The question expects us to shed some light on the complications surrounding Brexit, the implication of the deal on India countries across the world and evaluate how it will affect the prosperity -poverty equation.

Structure of the answer:

Introduction:

Brief upon the Brexit issue.

Body:

Discuss the following aspects :

  • Explain in short Why the clamor for Brexit? – Economic reasons, Immigration issues, Sovereignty Issue etc.
  • What will be the impact of Brexit? – economic, geopolitical etc.
  • Factors that would create disbalance and lead to unequal prosperity getting converted to collective poverty. (take cues from the article to justify this point well)

Conclusion:

Conclude with what needs to be done to overcome the situation (the article best explains it, take cues again from the article).