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Welcome to The IUP Journal of International Relations

Oct'16

Previous Issues

The IUP Journal of International Relations provides informative, insightful, and lively discourse on the latest developments in an ever-changing and increasingly complex world order. The Journal serves as a forum for thought-provoking debate on the most contentious contemporary issues in World Politics. The Journal is dedicated to the stimulation and dissemination of research and scholarship in international affairs.

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  • Defense and Strategic Studies
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European Monetary Union’s Single Banking Supervision Mechanism: Another Brick in the Wall?
Cartography of Terrorism: America’s Cultural Imperialism and
Geopolitical Anxiety in Frank Miller’s Holy Terror
The African Youth Charter and Youth Participation in Decision Making: Opportunities and Challenges
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Contents
(Oct 2016)

European Monetary Union’s Single Banking Supervision Mechanism: Another Brick in the Wall?

--Nellie Munin

The recent Brexit raised awareness about EU citizens’ frustration over the ‘democratic deficit’ and its dangerous potential implications for EU/EMU’s future. In the light of this new context, this paper tries to assess whether the EMU’s Single Banking Supervision Mechanism (SSM)—a major pillar of a Banking Union, which is part of a recent broader vision, aiming at the creation of economic, financial, fiscal and political unions in the EU by 2025—and the decision-making process leading to its establishment, enhance the democratic or the non-democratic aspects of EU/EMU regime.

Cartography of Terrorism: America’s Cultural Imperialism and Geopolitical Anxiety in Frank Miller’s Holy Terror

--Eeshan Ali and Nirban Manna

After 9/11, the world has changed. The beginning of the era is marked by aggression and fear. And these two mutually exclusive emotions are now the greatest tools for redefining the new world order both in the west and in the east. The present paper deals with the representation of the Muslim in popular culture and seeks to foreground how the ‘discourse’ is created and distributed by some graphic novels which are believed to be the agents shaping the popular culture. The paper looks into the particular ‘discourse’ of ‘Islamophobia’ and the truth behind the representation in the graphic novel, Holy Terror (2011) by Frank Miller. The paper relocates America’s anxiety and aggression, nationalism and imperialism after 9/11 and how tabloid literature and graphic novels, by refashioning the discourse of the east and the west, circulate a sense of Manichean thought in terms of geography in popular imagination. The paper also addresses some core issues related to ‘Othering’ the geography, the religion and terrorism.

The African Youth Charter and Youth Participation in Decision Making: Opportunities and Challenges

--Tidimane Ntsabane and Christopher Ntau

Though the youth are a demographically significant part of Africa’s population and are recognized by, among others, the African Youth Charter (AYC) as Africa’s greatest resource, they exist, in many instances, on the margins of their societies’ decisionmaking processes. Their input to decisions about policies that affect their lives is relatively less as public affairs has largely not been regarded as the domain for young people. The Charter has emphasized the need to ensure the youth’s full and active participation in all decision-making processes of their societies if the continent is to realize its full potential. This paper, drawing lessons from Botswana’s experience, looks at the opportunities and challenges of implementing the AYC goal of realizing Africa's youth's active and full participation in the decision-making processes of their societies. The paper argues that to achieve the active and full participation of the youth, African societies will not only have to deal with the remnants of an institutional milieu and political processes that are gerontocratic and have historically limited the youth’s participation in public affairs, but will also have to go beyond simple appointments to youth parliaments and executive positions and take a longitudinal view to review and address the role of key institutions such as the family, education system and political parties that are very central in the making of the youth as social beings and political actors.

 

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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