Shanghai Cooperation Organization is not an anti-Western alliance The Shanghai Cooperation Organization (SCO)‚ after more than a decade since its inception‚ merits increasing attentions from the world and meanwhile different explanations of the objective and main agenda of this organization are heatedly debated and evaluated. One of them is the sensational argument that it is an anti-Western alliance which reflects a reasonable suspicion given China and Russia’s leading role in it. However‚ it
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At present the problem of constructing reliable transport thoroughfares between the two great countries still remains topical. As world economy develops‚ especially with regard to high rate of economic growth in the countries of South-East Asia‚ the necessity of revival of ancient overland trade routes on an up-to-date level becomes more and more obvious. By now‚ there have been built three new highways from China to India. The first of them - the Karakorum Highway (KKH)‚ built
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a great Impact on the regions of Latin America and East Asia. During this time‚ they faced many political and economic challenges however‚ these challenges and the way Latin America and East Asia reacted to them had similarities and at the same time were very different. Economically‚ both of these regions relied heavily on imports from industrialized countries and were both politically instable although more so Latin America than East Asia. Communism during this time was spreading rapidly. Their
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Many students unfamiliar with World History come to think of the Silk Roads as one road or literally a road made of silk. But it is not. The Silk Road can be thought of as a network of routes connecting the Eastern Mediterranean to Central Asia and Central Asia to China. These complex interconnecting routes included both land and sea routes. In fact‚ many goods reached Rome via the Mediterranean Sea. Along these routes‚ merchants would carry goods for trade. The goods being traded would often
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CREDIT CONTROL BY CENTRAL BANK Meaning Credit control policy or Monetary policy may be defined as "that branch of economic policy which is concerned with the regulation of the availability or supply‚ the costs and the directions of credit." OBJECTIVES or GOALS The objectives of credit control of monetary policy have been different at different times in different countries according to the economic situations and problems faced by them. In the modern times economic development with monetary
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Main Functions Central bank is the apex body of the banking structure. Each and every country has the central bank but their name differs from country to country. In India the central bank is called RBI and the functions are as follows: Issuer of currency: • Under section22 RBI has right to issue the currency note. • RBI has separate department for the issue of the currency note. • Issues and exchanges or destroys currency and coins not fit for circulation. • Objective: to give the public
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in Central Asia‚ governments overtook laws that cramped silk clothing to just member of the elite group‚ and silk was a symbol of a having a high status. Compared to other global trade routes‚ the capacity of commerce on the Silk Roads were humble‚ and its focus on splendor good held back the straight collision on majority of people. More important than the financial collision of the Silk Roads was the role as a channel of culture. Buddhism advanced amongst the pastoral people of Central Asia. As
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Pakistan “Mehrgarh”. In this article He says that Mehrgarh was the first civilization site in the world. Mehrgarh which is situated in Baluchistan Pakistan. He says that civilization of Mehrgarh was very ancient and they were migrate from Iran South Central Asia to Indo Pakistan subcontinent. They use the ancient tools‚ pottery‚ artifacts and jewellery. This civilization also use the animals like goats‚ sheep and other animals for their use. The Author says that they found many ancient pottery‚ jewellery
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Chinggis Khan to Timur CHAPTER SUMMARY The nomads of central Asia during the thirteenth century returned to center stage in world history. The Mongols ended or interrupted the great postclassical empires while extending the world network of that era. Led by Chinggis Khan and his successors‚ they brought central Asia‚ China‚ Persia‚ Tibet‚ Iraq‚ Asia Minor‚ and southern Russia under their control. The states formed dominated most of Asia for one and a half centuries. The Mongol success was the
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The Silk Road was a trade network the connected the East to the West on the Eurasian continent. This trade included both overland and maritime routes. The central Asian kingdoms and peoples became the nexus point for much of this trade which lasted from the 3rd century B.C.E. to the 15th century C.E. Many products and other cultural expressions moved along the Silk Road and diffused among various kingdoms along it. In breaking down and separating the patterns of interaction that occurred along the
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