De-dollarisation at the global level and the flight of investments towards emerging economies could force Western states to impose capital controls in the rather near future.
India's commitment to establishing a 'Global-South Centre of Excellence' demonstrates its vision to play a pivotal role in the development journey of other developing nations.
Weberian bureaucratic structures, as per the study, does not reduce corruption and does not increase morale by giving tenures and incorporating the bureaucrats into public service.
