Thursday, September 12, 2013

GS - MCQ s 1

1.    Consider the following statements:
1.    Farrukh Siyar owed his victory to the sayyid brothers, Abdullah Khan and Hussain Ali Khan, who were therefore given the offices of Mir-bakshi and Wazir respectively.
2.    Farrukh Siyar was willing to give the sayyid brothers a free hand in administration.
3.    The Sayyid brothers deposed and killed Farrukh Siyar in 1718.
    Codes:
    (a)    Only 1 and 2 are incorrect
    (b)    Only 2 and 3 are incorrect
    (c)    Only 1 and 3 are incorrect
    (d)    All are incorrect

2.    Arrange the Nawabs of Bengal in Chronological order:
1.    Siraj-ud-daulah
2.    Shuja-uddin
3.    Mir Qasim
4.    Aliwardi Khan
    Codes:
    (a)    1, 2, 3, 4
    (b)    2, 1, 4, 3
    (c)    2, 4, 1, 3
    (d)    1, 4, 3, 2


3.    The treaty of Mangalore to conclude the second Anglo-Mysore War, was signed between:
    (a)    Hyder Ali and Macartiny
    (b)    Tipu Sultan and Lord Macartiny
    (c)    Hyder Ali and Colonel Braithwaite
    (d)    Tipu Sultan and Colonel Braithwaite

4.    Consider the following statements about India in the eighteenth century.
1.    India showed signs of cultural renaissance during the 18th Century
2.    Music continued to develop and flourish in the 18th Century both in the North and South.
3.    There were numerous scientific developments throughout the 18th century

    Codes:
    (a)    Only 1 is correct
    (b)    Only 2 is correct
    (c)    Only 3 is correct
    (d)    All are correct


5.    Match the following:
A.    Our system acts very     1.    Lord Cornwallis    much like a sponge,
    drawing up all the good
    things from the banks
    of the Ganges and     
    squeezing them down 
    on the banks of the 
    Thames.
B.    "Bear in mind that     2.    William     
    the commerce of India is         Bentinck
    the commerce of the 
    world, and he who 
    can exclusively command 
    it is the dictator of Europe".
C.    Every native of     3.    John Sulliwan
    Hindustan is corrupt.
D.    "The misery hardly     4.    Peter the Great
    finds a parallel in the         of Russia
    history of commerce. The
    homes of the cotton weavers 
    are bleaching the plains 
    of India.
    Codes:
        A    B    C    D
    (a)    1    2    3    4
    (b)    2    4    1    3
    (c)    3    4    1    2
    (d)    4    3    2    1

6.    Who among the following is remembered as the Father of land settlements in Northern India.
    (a)    John Shorey
    (b)    Holt Mackinzie
    (c)    Mertins Bird
    (d)    James Thomson

7.    Match the following:
    Centres of the     British officers who
    Revolt of 1857    suppressed the
        Revolt
A.    Delhi    1.    Sir Campbell
B.    Lucknow    2.    Huge Rose
C.    Jhansi    3.    William Taylor
D.    Arrah    4.    John Nicholson
    Codes:
        A    B    C    D
    (a)    1    2    3    4
    (b)    4    1    2    3
    (c)    4    3    1    2
    (d)    1    4    2    3
8.    Arrange the state Trials of the Wahabi Movement in chronological order:
    1.    Malda Trial
    2.    Ambala Trial
    3.    Rajmahal Trial
    4.    Patna Trial
    Code:
    (a)    1, 2, 3, 4
    (b)    2, 4, 1,3
    (c)    2, 1, 4, 3
    (d)    1, 4, 3, 2



9.    Identify the correct statement(s) from the given:
1.    Venkatraman Ramakrishnan got the Nobel prize in 2009 for his work on ribosomes.
2.    Ralph Steinman was the only scientist who was awarded nobel prize for medicine in 2011.
    Codes:
    (a)    1 only
    (b)    2 only
    (c)    Both 1 and2
    (d)    None of them

10.    Identify the incorrect statement(s) from the given:
1.    Endosulfan is a chemical pesticide belonging to the organochlorine.
2.    OPERA is associated with experiment on neutrinos.
    Codes:
    (a)    1 only
    (b)    2 only
    (c)    Both 1 and2
    (d)    None of them

1.    (d)
2.    (c)
3.    (b)
4.    (b)
5.    (c)
6.    (c)
7.    (b)
8.    (b)
9.    (a)
10.    (b)

Wednesday, September 11, 2013

Comptroller and Auditor General of India (CAG)

Comptroller and Auditor General of India (CAG)

 Comptroller and Auditor General of India (CAG)

The Comptroller and Auditor General (CAG) of India is an authority, established by the Constitution of India under Chapter V, who audits all receipts and expenditure of the Government of India and the state governments, including those of bodies and authorities substantially financed by the government. The CAG is also the external auditor of government-owned companies. The reports of the CAG are taken into consideration by the Public Accounts Committees, which are special committees in the Parliament of India and the state legislatures . The CAG of India is also the head of the Indian Audit and Accounts Department. The current CAG of India is Vinod Rai, who was appointed on 7 January 2008. He is the 11th CAG of India.

Appointment

The Comptroller and Auditor-General of India is appointed by the President of India following a recommendation by the Prime Minister. On appointment, he/she has to make an oath of affirmation before the President of India.

Removal

The CAG cannot be removed from office other than through a procedure of impeachment similar to what is applicable to a Judge of the Supreme Court of India.

Compensation

The salary and other conditions of service of the CAG are determined by the Parliament of India. Neither his salary nor rights in respect of leave of absence, pension or age of retirement can be varied to his disadvantage after his appointment. The CAG is not eligible for further office either under the Government of India or under the Government of any State after he has ceased to hold his office.

List of Comptrollers and Auditors General of India

No.
Comptroller and Auditor General of India
Year tenure began
Year tenure ended
1
V. Narahari Rao
1948
1954
2
A. K. Chanda
1954
1960
3
A. K. Roy
1960
1966
4
S. Ranganathan
1966
1972
5
A. Bakshi
1972
1978
6
Gian Prakash
1978
1984
7
T. N. Chaturvedi
1984
1990
8
C. G. Somiah
1990
1996
9
V. K. Shunglu
1996
2002
10
V. N. Kaul
2002
2008
11
Vinod Rai
2008
2014

INDIAN HISTORY - at a Glance II

THE MAURYAN AGE (322 BC - 184 BC)
¨   The dynasty was founded by Chandra Gupta Maurya in 322 BC. He captured Punjab that he had weakened by Alexander. Later he defeated the Nanda ruler of Magadha, Dhanananda after a very difficult war. They he conquered the whole of the country except the extreme south. Chandra Gupta or Sandrokottos also defeated Seleucas Nicator, the Greek ruler of West Asia in 305 BC to 303 BC. Many areas of West were handed over to Chandra Gupta. The diplomatic ties were set up. A greek ambassador Magasthenese was appointed in the court of Sandrokottos. A greek princess entered the Mauryan Court. Chandra Gupta became a Jain Monk and joined the discipleship of Bhadrabahu. Chandragupta went away to a place Sravanbelgola in Mysore where he died due to jain method of starvation.
¨   Bindusara was the successor of Chandragupta Maurya. He was also known as Amitraghata. He maintained the ties with the west Asian Greek Kingdoms. He was a follower of Ajivika religion. He ruled between 298 BC and 273 BC.
¨   Asoka, the Great became the Mauryan emperior in 273 BC. He claimed glory by suppressing a revolt in Taxila in the time of his father. The coronation of Ashoka took place in 269 BC after a gap of four years. In 261 BC Ashoka suppressed the revolt of Kalinga. The sufferings of the people in Kalinga was changed the heart of Ashoka. He voluntarily relinquished the warfare. In 258 BC, Ashoka became a convert to Buddhism. In 151 BC, Ashoka called a council at Pataliputra. Ashoka proclaimed the policy of peace. He issued certain reforms in the state policy. He undertook certain measures to the welfare of the people. It all involved in the huge expenditure that made the government almost bankrupt. The martial spirit of the army declined. The state did not retain the strength to face the challenges coming from the North-West in the from of Indo-Greek invarious.
¨   Asoka’s edicts were issued and inscribed on the rock surfaces and pillar surface. They were issued in Prukrit and Brahmi. They give us the fair idea of the expense of the Mauryan Empire. Ashoka maintained the links with the Greek Kingdom of West Asia as also with kingdoms of South India which are all mentioned in his 13 th Rock Edict. He spread Buddhism to Sri Lanka, Burma and other countries. Asoka died in 232 BC. After his death the Mauryan empire collapsed in a rapid manner. Some important Mauryan Emperors were Jalauk, Samprti, Brihadrath. The Last Mauryan Emperor Brihadratha was killed by Pushyamitra Sunga.

BRITISH RAJ
31.12.1600    Queen Elizabeth granted charter or monopoly of Eastern trade for 15 years to E. I. Company.
1608         First attempt to establish factory in India by arrival of Captain Hawkins in 1609.
1612         Jahangir issued firman permitting English to establish a factory permanently at Surat.
1619         Sir Thomas Roe remained at Jahangir’s Court, secured several privileges.
1611         Factory of British East India Company.
1626         Factory of British East India Company at Arma gaon.
1632         Firman by Sultan of Gulkunda allowing free trade to the English.
1639         Francis day obtained lease of Madras from ruler of Chandragiri to built fortifiet factory i.e. Fort St. George.
1633         Factories at Hariharpur, Balasore in Orissa.
1651         Factory at Hugli under Mr. Bridgeman.
1651         Sultan Shuja issued firman granting comp. privilege of trading freely.
1672         Firman from Shaista Khan.
1680         Firman from Aurangzeb.
1690         Job Charnock returned to Bengal and East English Factory at Sultanauti.
1691         Firman by Ibrahim Khan successor of Shaista Khan granting exemption from custom duties.
1696         Owing to rebellion of Sobha Singh (Zamindar of Burdwan dist) Eng got an excuse to fortify new factory.
1698         Granted Zamindari of 3 villages Sultanuti, Kalikata, Govindpur.
1700         Eng factories in Bengal under separate control of President and Council establish – Fort William. Sir Charles Eyre – first President of fort William.
1715         William Hamilton cured Emperor Farrukh Siyar’s.Painful disease, issued firmans – free trading in Bengal.
1716-17   Firman which greatly furthered their interests, otply described as ‘Magna Charta of Company.’

GOVT. OF INDIA ACT 1935
l   While congress in thick of battle. III round table conference met in London Nov. 1932 once again without congress leaders.
lSimon Commission’s Report provided basis of the conference and discussions led passing of Act.
lAct significant firstly biz provided groundwork for negotiations that led to final transfer into Indian hands.
lSecondly some of its provisions well so well drawn up that they well laqter found suitable for inclusion in constitution.


THE ACT PROVIDED
(i)   Establishment of an All India Federation based on Union of Provinces of British India and Princely States.
(ii)  Bicameral Federation Legislative (States given disproportionate weightage).
(iii)Representatives of states not to be elected by people but directly by rulers.
(iv)14% of total population was given right to vote.
(v)  Governor general and Governor appointed by British.
(vi)Special powers + Veto legislative action + own legislation powers to Governors.
(vii)            Federal pact of Act was never introduced but provincial part was soon in operation on 1st April 1937.
Act could not satisfy nationalist aspiration; condemned by nearly all sections unanimously rejected by congress.

INDIAN HISTORY - at a glance

INDIAN HISTORY
¨   The framework and the time of the Indian history was determined by various factors including the topography, climate and the rainfall.
¨   The history of Indian stone cultures goes back to nearly 2 million years ago when the stone tools were made by the early man in the Sohan Valley in the Potwar basin near Rawalpindi in Pakistan. The stone cultures were mainly evolved by the hominid populations in the Pleistocene epoch. Their basic features were determined by the availability of the stone type. The stone cultures can be broadly classified into the Paleolithic, Mesolithic and Neolithic cultures.
¨   Paleolithic cultures may be further divided into lower Paleolithic, middle Paleolithic and upper Paleolithic. The main time zone of the lower Paleolithic falls between 7,30,000 and 1,30,000 years ago. It was evolved mainly by the Homo erectus population and developed mainly by the Homo erectus population and developed on the quartz stone. The main invented the use of fire. The hunting and food-gathering was the main economic activity. The stone tool types were crude in nature.
¨   The middle Paleolithic cultures and associated with the light-weight stone tools and artifacts developed on the hard stone material such as chalcedony, agate, jasper etc. This was mainly the work of the Neanderthal man. The time zone was 1,30,000 to 30,000 years ago. The main culture types were Newasa, Didwana, etc.
¨   The upper Paleolithic Cultures have been associate with the use of backed blades of various shapes. The cultures were mainly the work of the modern man and developed between 30,000 to 10,000 years ago.
¨   The Mesolithic or middle Stone age culture are mainly based on the micro sized stone tools popularly known as microliths which have been found from various places such as Mahadaha, Sarai, Nahar Rai, Chopani Mando, Bhimbetaka, Adamgarh, Bagor. The man in this phase was the hunter and food gatherer. Bow and arrow and spear were the main equipments from Mahadaha. The burial practices have been found.
¨   Neolithic or New-stone age cultures were base do the polished and better shaped and symmetrical stones tools. In this age the people began the early farming. The domestication of the animal and cattle was also taken up. The people lived in the houses and used the hand-made pottery. The Neolithic cultures have been found form various sites such as Mehrgarh, Burzahom, Chirand, Deojali, Hading, Mahagara, Koldihwa, Brahmagiri, Maski, Magarjunkonda and other places. The earliest Neolithic have been evident form Mehrgarh beginning with 7000 BC and ending in 4000 BC. Potters wheel was introduced about 4000 BC in Mehrgarh.
¨   The Indus Valley civilization or Harapan Civilization have been found spread over a very large area of about 12.5 lac sq.km. in the north west parts including some areas of Pakistan and India. The civilization is known for its urban figures, well-aligned cities, fortifications use of burnt bricks, drainages system, use of weight, measures, seals, religious practices such as the worship of Pasupati and Mother Goddess. The civilization developed over a broad basis prepared by the agriculture. Wheat, barley, and cotton were the principal crops. Rice has been found aonly form Lothal and Rangpur. The ploughed fields have been found form Kalibangan and Shortunghai. The plough models are found from Banawali, Rakhigarh and Cholistan. The system of dams and stone water tanks from Dholavira.
¨   The Harappans used the techniques. They prepared the good quality bricks pots, copper and bronze objects, ornaments, etc. The bronze chariot has been found from Daimabad. The bronze image of a dancing girl has been found from Mohenjodaro. The stone dancing girl found from Harappa. The priests head found from Mohenjodaro. The granaries have been reported from Harappa and Mohenjodaro. The evidence of a public bath from Mohenjodaro. The scales from Measurement have been found from various places. Black and Red ware was the typical pottery. Harappans worshipped the snakes, papal tree, unicorn, bull, fertility objects. The burial practices were well developed. Cemetry R-37 was the typical practice. But cemetery-H has been reported from Harappa. The wooden coffin has been reported from Harappa.
¨   The double burial reported from Lothal. The Megalith grave has been reported from Dholavira. The sign-board inscription reported from Dholavira. Harappan script is pictographic. It has not been deciphered. The inscriptions are very short.
¨   Harappan civilization was a copper-bronze civilization. Its sites have been reported from Haryana, Punjab, Rajasthan, Gujarat, Uttar Pradesh, Maharashtra, Jammu, Chandigarh. From Pakistan the sites have been reported from Punjab, Sind, Baluchistan. The mature civilization occupied the time zone from 2500 BC to 2000 BC. After this their started the phase of decline going upto 1700 BC. Popularly known as the late Harappa, it was the phase of ruralization or deurbanization of the Harappan tradition.
¨   The decline of the Harappan civilization took place as a result of various factors such as the wars and conflicts, onset or aridity and soil salinity, change in the course of rivers etc.


THE VEDIC AGE (1500 BC TO 600 BC)
¨   The accepted views is that the Aryan speakers arrived from the Central Asia. They left the brethren Indo-Iranians behind the Iran. The Aryan speakers migrated in a number of bands. The history of the Aryans is studied in two phases. The Early Vedic Age and Later Vedic Age.
¨   The early Vedic Age is known mainly from the Rig Veda, which is divided into 10 Mandalas or 10 books. The Mandalas were composed by the different sages. The expert priest of Rig Veda was called as Hota. The Rig Vedic culture was mainly pastoral. Cattle was the main form the wealth. The wars were fought for the cattle. There were various Janas which used to fight among themselves. Rajan was the head of the Jana. Rajan was supported by Purohit, Gramani and Senani.
¨   The popular lies such as Sabha and Samiti had some control over the Rajan or King. The Bali was the main contribution, the source of income of the Rajan. The women were given education. Some women scholars such as Apala composed some portions of Vedas. The cultures of Punjab in this period did not use iron. They cultivated only one grain Yava. Copper was the metal in common use. Crafts and skills were not much developed. They used the pottery types such as Ochre-coloured pottery.
¨   Their religion was based on the prayers to different gods such as Indra, Agni, Varun, Rudra, Vayu, Surya, Mitra, Pusan as also some goddesses such as Usha, Aditi, Prithvi, Aranyani etc. The mode of worship was simple. Their religion had close connection with the social, religious and political context.
¨   The Later Vedic Culture developed in the time bracket of 1000 BC to 600 BC. In this age other three Vedas composed. Yajur Veda which is associated with Yajna is written in prose and verse both. The Sam Veda is the book of song or music. The Atharva Veda is closely associated with the agriculture, crafts, cattle rearing etc. It contains the magical formulae and various crops and crop-practices. The later Vedic age is also known for the composition of the prose commentaries known as the Brahmanas. They are the main source of information of this age. Aitareya and Shatpath are the main brahmanas. Aranyaka and Upanishads were composed in the end of this period. Upanishads are the books on philosophy. They contain the information about soul, God, creation, salvation etc. The contain the basic systems of the Indian philosophy.
¨   In Later Vedic Age (1000 - 600 BC) the Aryan speakers spread their cultural elements over the areas of UP. and Bihar upto Bengal. Ganga Valley came to be fully occupied. The concept of Aryavarta appeared. Iron was discovered. Agriculture became the main occupation. Crop practices and techniques improved. All this led to the production of the surplus. Crafts made much progress. As a result various Janpadas developed in the North India. Kuru, Panchala, Magadha, Kasi, Kosala, Anga, Gandhar were the main Janpadas. King or Rajan became more powerful. The popular bodies Sabha and Samiti lost their power and  position. The political system grew in complexity. Various complex religious practices developed. The king and the priests acquired more importance. The four fold varna-system emerged with all the important features. The caste and untouchability also appeared. The famous women scholars of this period were Gargi and Maitreyi. King Janak was a philosopher king, who was the ruler of Mithila. Kuru and Panchala Janpadas dominated the politics. The war of Mahabharata took place around 900 BC. PWG was the main pottery type. It is found along with the iron. The important pgw and iron-tool centers are Hastinapur, Atranjikhera, Bhagwanpura etc.

THE PRE MAURYAN AGE (600 TO 400 BC)
¨   This was the age of the Mahajanpada or territorial Kingdoms spread all over the North India. In this age agricultural expansion increased. The craft specialization also increased in variety. The craftsmen organized themselves in the form of guild or Sreni. The north-­black polished ware was produced. The script appeared. The trade increased all over the north India. The trading networks connected the urban centres which appeared in the Ganga valley. The mud-bricks were used in the construction. The famous urban centres were Rajgriha, Kaushambi, Pataliputra, Vaishali, Kasi, Hastinapur, Indraprastha, Mathura, Ujjain etc.
¨   The society grew in complexity along with various craft groups and occupations groups. Caste system became more rigid. Untouchable groups appeared. Their position became even more miserable. Women came under various restrictions. The earliest portions of Mahabharata and Ramayana were composed in this period. The practice of Sati is known for the first time. The education and learning was improved. Panini composed the Grammer book. The Sanskrit form became more complex.
¨   There was a great deal of progress in the growth of ideas. Many scholars and philosophers propagated their ideas among the people. Lord Buddha and Mahavir were the most prominent.
¨   Lord Mahavir (599 BC to 527 BC) was a prince of Vaishali. He left his kingdom and family and became a monk. After wonderings for nearly 13 years he acquired the Supreme knowledge at a place Jambhiya Gram. He was the 24th Tirthankara of Jainism. He belived in the theory of karma. He taught his disciples the five great vows such as Ahimsa, Satya, Asteya, Aparigriha and Brahmcharya. The path suggested by Mahavira was based on ethical principles. He entrolled the people irrespective of their castes or statue. He organized the order of the disciples in which women were given an important position Mahavir died at a place known as Pavapuri. Mahavir was a great scholar, a versatile genous, had the good knowledge of various disciplines such as Medicines, Astronomy, Mathematics, logic and polity.
¨   The Buddhism was founded by Lord Budha. His earlier name was Siddharth. Born at Lunbini, Siddharth was married by his father Suddhodhan, who wanted him to get involved in the worldly things. But this approach failed in stopping Lord Buddha from becoming a wandering monk. He left his family and learnt various yogic practices. He acquired the enlightenment or Bodhi at a place known as Bodhi Gaya. Lord Budha preached this knowledge to the people irrespective of the caste or status. He believed in the theory of Karma or Action. The goal in the world should be the balance of mind, which eans the end of misery. He organized an order or Samgha on the republican pattern. He died at a place Kusinagar (situated in UP) in 483 BC. Lord Buddha was popularly known as Sakya-muni as he was born in the Sakya clan.
¨   Invasion of the Persian emperor Darius II took place on the north-west India. He extended his empire over the north western India from where the Persians acquired the revenues of 320 talent gold. It all happened in the end of the sixth C.B.C.
¨   The invasion of the Macedonian emperor Alexander on India took place in 327-325 BC over the areas of Punjab. Many kings of Punjab such as Porus were defeated by him. King Ambhi of Taxila submitted before him. Various republican states were defeated by him one by one. The political order of Punjab collapsed before him. His soldiers declined to proceed further east. As a result, Alexander had no option but to retreat from the River Beas river.
¨   The soldiers were fed up of prolonged fighting. Besides, they were also afraid of the military strength of the Nanda empire which had a large army and immense resources.
¨   The Alexander’s invasion left various lessons. It created the political vacuum in Punjab, that benefited the task of Chandra Gupta Maurya who laid the foundation of his dynasty in 322 BC. Alexander’s invasion also led to the opening of a number of trade routes to the west Asia. A number Greeks settled in the north-West India.

Tuesday, September 10, 2013

Stakes high on Syria

Stakes high on Syria
Source: by Harsh V. Pant: The Tribune

IT almost seems as if West Asia is perpetually stuck in a crisis mode. It is a region now where multiple crises co-exist easily, where regional actors now seem perennially preoccupied with fanning the flames of sectarian strife and where external actors are perpetually involved in fruitless crisis management. So even as the Egyptian military junta was the focal point of regional and global attention because of its ruthless assault on the supports of Muslim Brotherhood, the alleged use of chemical weapons by the Syrian regime has changed the calculus for everyone.

Now even Barack Obama finds himself at a place where he would have least liked to be at the beginning of his second term as the US President - on the verge of starting a fourth war in West Asia in little more than a decade. Obama's foreign policy has so far been caution writ large. But Bashar al-Assad has called his bluff.

For nearly a century now the world has been united against the use of chemical weapons, so horrifying in World War I. Waging war against his own people, Syrian dictator Bashar al-Assad has used them previously during the past year, but never on the scale of the August 21 attack in which thousands of people were affected and at least 1,400 killed. Rockets loaded with a nerve agent were allegedly shot into residential neighborhoods of the Damascus suburbs, constituting one of the deadliest uses of chemical agents since they were outlawed nine decades ago.

The Obama administration has publicly asserted that the Syrian government used the nerve gas sarin to kill Syrian citizens. The French government has emphatically suggested that the suspected chemical attack near Damascus last month “could not have been ordered and carried out by anyone but the Syrian government”.

This was the 'red line' that Obama had publicly suggested Assad would not be allowed to cross. So now the credibility of the American foreign policy is at stake. The argument goes that if there is no response, the Assad regime would use them again, on an even larger scale, and other dictators in future conflicts would calculate that they, too, could use these ghastly weapons at no cost.

The problem has always been that Obama has had no larger Syria policy so far. For more than two years he has insisted that Assad must go, but has taken few steps to hasten that departure. During this time millions of people have been displaced from their homes, Al-Qaida has found a safe haven in the country and violence has spread to neighboring Lebanon and Iraq, with Israel, Jordan and Turkey also at risk. There has been an extraordinary failure of leadership by the US President. While deciding on intervention in a fateful Middle East war, the President has chosen a minimalist option, which is likely to fail.

Not surprisingly after raising hopes that attacks were imminent in Syria, Obama had to back down in the face of opposition from the US Congress facing widespread ridicule. Syria's envoy to the UN suggested that Obama and British Prime Minister David Cameron — who last week ruled out military action after failing to get parliamentary approval - had "climbed to the top of the tree" but didn't know how to get down, and so had deferred the decision to the lawmakers.

The Syrian Opposition Coalition released a statement urging Congress to support military action, saying that if the international community does not respond to Assad's alleged use of chemical weapons; it would set a dangerous example for other dictatorships around the world. But in Washington, London and Paris, the spectre of Iraq war looms large and domestic politics in these countries is by and large opposed to the nascent military plans being drawn up by their respective governments.

Syria today stands at the heart of the geopolitical struggle for influence between Saudi Arabia and Iran in West Asia. There is little likelihood that a war against Syria would remain limited. It will engulf the whole region as Syria is the only major ally left of Iran in the region and Tehran will do its utmost to protect the Assad regime in Damascus. Because of this, The biggest danger for the Western forces is that they might get drawn into a more protracted struggle, “mission-creep”, risking an open-ended military commitment that many fear might be as dangerous as another Iraq or Afghanistan.

At the moment, the most attractive option for the West is to engage in short swift punitive strikes against the Assad regime targeting military sites linked closely to the regime — the headquarters or barracks of elite units so as to get the regime's attention and to persuade him not to resort to chemical weapons in the future. This will be politically acceptable and will give an appearance that something is being done. But this is unlikely to solve the problem and may even prolong the ongoing civil war in Syria. The West also doesn’t want many of the groups fighting the Assad regime to win because of their extremist ideology.

Obama's heart is not in this war but he has few good choices left. He has boxed himself in a corner and now he needs to show that he can lead from the front as opposed to leading from behind which has become his mantra. But the stakes are huge not only for the US but for the larger international community which has been preoccupied with various West Asian crises for far too long.


The BRICs party is over

The BRICs party is over
Source: By Anders Aslund: The Financial Express

After a decade of infatuation, investors have suddenly turned their backs on emerging markets. In the BRIC countries—Brazil, Russia, India and China—growth rates have quickly fallen and current-account balances have deteriorated. The surprise is not that the romance is over but that it could have lasted for so long.

From 2000 to 2008 the world went through one of the greatest commodity and credit booms of all times. Goldman Sachs preached that the BRICs were unstoppable (e.g. Wilson and Purushothaman, 2003).

However, Genesis warns that after seven years of plenty, “seven years of famine will come and the famine will ravage the land”. Genesis appears to have described the combined commodity and credit cycle, from which the Brazil, Russia, India and China have benefited more than their due.

Claudio Borio explained the nature of the financial cycle. Late Russian Prime minister Yegor Gaidar showed how the commodity cycle impacted the Soviet leadership. During the oil boom in the 1970s, it was caught by hubris and neglected economic reforms. When the declining commodity prices hit in the 1980s, the Soviet leaders were incompetent, uninformed and unprepared, because they had faced too few problems for too long.

The boom was prolonged for half a decade by quantitative easing in mature economies, flooding them with cheap financing. During their years of plenty, the BRICs did not have to make hard choices. Today, their entrenched elites seem neither inclined to nor able to do so. Their lives have been too good.

Now all these booms are over: Brazil and Russia have been hit by the levelling out of commodity prices, which are widely expected to decline for several years; those two countries may also be caught in the ‘middle-income’ trap, that Barry Eichengreen, Donghyun Park, and Kwanho Shin warned of in a seminal paper. They found that countries tend to experience a sharp growth slowdown when gross domestic product per capita reaches about $17,000, which is the current level of Russia and Brazil.

Large reserves

Brazil, Russia, India and China have accumulated large foreign reserves, but they are not likely to help them. Russia is a case in point. In 1998, it ran out of reserves and had to cut enterprises subsidies sharply, which levelled the playing field and was a major factor behind the fast Russian economic recovery. In 2008-09, by contrast, the Central Bank of Russia spent $200 billion of its ample reserves. Essentially these funds went to inefficient state and oligarchic enterprises, which crowded out better smaller companies. Thus, the reserves contributed to the decline in Russia’s growth rate.

The BRIC countries did not take advantage of the good years to improve the underlying state of their economic systems. China’s banks are overleveraged, and India suffers from most economic ailments. Its inflation is too high, and its budget deficit, public debt and current-account deficit are too large.

Because of their outstanding dynamism, the BRIC countries felt little need for reforms. Their governance is mediocre at best, reflecting substantial corruption and poor business environments. Transparency International ranks 176 countries on its corruption perception index. Brazil ranks 69, China 80, India 94, and Russia 133.

The World Bank compiles its ease of doing business index for 185 countries and the BRICs do even worse by this measure, with China ranking 91, Russia 112, Brazil 130 and India 132. Russia has set the long-term goal of rising 100 steps but so far has done little to accomplish it. Characteristically, China is lobbying the World Bank to abolish this index. The surprise is that countries with such poor governance were able to grow so fast for so long.

One can see the hubris of the boom in the construction of white elephants. Hosting international mega sporting events tells it all. In 2008 Beijing beat all prior Olympic Games with an expenditure of $40 billion. Russia is expending $51 billion on the 2014 Sochi Winter Olympics, compared with $6 billion spent on Vancouver’s in 2010.

India organised the Common -wealth Games catastrophically poorly in 2010, which aroused great popular derision. Brazil’s recent protests were, in part, about the cost of the 2014 football World Cup and 2016 Olympics.

When it comes to vital infrastructure investment, however, Brazil, India and Russia invest too little, leading to multiple bottlenecks. Russia has not expanded its paved road network since 1994. Only in 2018 is a highway finally expected to connect Moscow to St Petersburg—and merely because it will be Russia’s turn hosting the World Cup. China, by contrast, over-invests in infrastructure.

Reinforced belief in state capitalism

Worse, the current BRIC thinking goes in the wrong direction. All have large state sectors and are relatively protectionist. Because of their recent economic successes and the West’s financial crisis, their policymakers increasingly see state capitalism as the solution, and private enterprise and free markets as problems. In Russia and Brazil especially, influential circles call for a greater role of the state, although the corrupt state is their key problem.

Last month Igor Rudensky, the United Russia parliamentarian who chairs the state Duma’s committee on economic policy, even stated that “the leading role and the commanding heights in the economy should belong to state corporations… We have to preserve all the positive from [the Soviet] historical experience”. Back to the future!

Even if the BRIC political leaders were to face up to reality their giant state corporations rule the roost. They hold an iron grip over energy, transport and banking. Regardless of official government policies they can extract cheap financing from the government and monopoly rents from the weaker private actors in the economy.

But Brazil, Russia, India and China do not rule the world. Because of them the West has played down the role of the WTO instead seeking regional trade agreements among like-minded countries such as the Transatlantic Trade and Investment Partnership between the US and Europe and the Trans-Pacific Partnership with most states (but China) around the Pacific Rim.

The BRICs’ party is over. Their ability to get going again rests on their ability to carry through reforms in grim times for which they lacked the courage in a boom.