MSD 011 Solved Assignment 2024-25
Sustainability Science
MSD 011 Solved
Assignment 2024-25 : All assignments are in PDF format which would be send
on email/WhatsApp (9958676204) just after payment.
Assignment Code: ASST/ MSD 011 /2024-25
Marks: 100
Attempt all the questions:
Q1. Write an Essay on
‘materialism and the changing lifestyles as threats to Sustainability’.
The international monetary system refers to the set of rules, conventions,
institutions, and mechanisms that govern the exchange rates and facilitate
international trade and financial transactions among countries. It encompasses
various elements such as currencies, exchange rates, central banks, and
international financial institutions.
The International Monetary Fund (IMF) is a key institution within the international monetary system. It was established in 1944 during the Bretton Woods Conference along with the World Bank. The primary purpose of the IMF is to promote international monetary cooperation, ensure exchange rate stability, facilitate balanced growth of international trade, provide resources to countries facing balance of payments problems, and help maintain global financial stability.
Stabilizing
Exchange Rates: IMF intervenes in currency markets to stabilize exchange rates,
which is crucial for international businesses engaged in trade and investment
across borders. Stable exchange rates reduce uncertainty and risks associated
with currency fluctuations, making it easier for businesses to plan and
forecast their international transactions.
Providing
Financial Assistance: IMF provides financial assistance to member countries
facing balance of payments difficulties. This assistance helps stabilize their
economies, maintain their ability to engage in international trade, and prevent
financial crises that could disrupt global markets. For example, during the
2008 global financial crisis, the IMF provided financial support to several
countries, including Greece, Ireland, and Portugal, to help them deal with
their sovereign debt crises.
Policy Advice
and Technical Assistance: IMF offers policy advice and technical assistance to
member countries to help them strengthen their economic and financial systems.
This guidance is valuable for countries seeking to improve their business
environments, attract foreign investment, and promote sustainable economic
growth. For instance, IMF programs often include structural reforms aimed at
enhancing the competitiveness of domestic industries and improving the business
climate.
Evolution of
the international monetary system:
Gold Standard:
Historically, the gold standard was used as the basis for the international
monetary system, where the value of currencies was directly linked to gold
reserves held by central banks.
Bretton Woods
System: Established in 1944, this system pegged the value of most currencies to
the US dollar, which was convertible to gold at a fixed rate. The IMF was
created to oversee exchange rate stability and provide financial assistance to
member countries.
Floating
Exchange Rates: The collapse of the Bretton Woods system in the early 1970s led
to the adoption of floating exchange rates, where currency values are
determined by market forces. This system offers greater flexibility but can
also lead to increased volatility and currency speculation.
Managed Float
and Exchange Rate Regimes: Many countries today adopt managed float exchange
rate regimes, where central banks intervene in currency markets to influence
exchange rates within certain ranges. Other countries opt for fixed exchange
rate regimes or currency boards to maintain exchange rate stability.
Overall, the
international monetary system continues to evolve in response to changing
economic conditions, technological advancements, and geopolitical developments,
with the IMF playing a central role in promoting stability and cooperation
among member countries.
Q2. What are the
central elements of Sustainability Science? Discuss the future and scope of
Sustainability Science.
Q3. Define watershed
Management. Explain its major approaches.
Q4. What is Gross
National Happiness Index? Briefly explain its core dimensions?
MSD 011 Solved
Assignment 2024-25 : All assignments are in PDF format which would be send
on email/WhatsApp (9958676204) just after payment.
MSD 011 Solved
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they will also checkout their assignment marks & result. All this is often
available in a web mode. After submitting the assignment, you'll check you MSD
011 Solved Assignment 2024-25 only after 3-4 weeks. MSD 011 Solved Assignment 2024-25
it'd take 40 days to declare MSD 011 Solved Assignment 2024-25
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