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The IUP Journal of International Relations
Focus

Terrorism hurts all nations—large and small, rich and poor. It takes its toll on human beings of every age and income, culture and religion…

– UN Secretary-General Ban Ki-Moon (2007)

Over the past three decades, terrorist incidents have increased markedly with the tentacles of terrorism spreading to various parts of the world. Modern terrorism, increasingly, is influenced by religious motivations. Religious principles are often used to justify violence. In this way, al Qaeda appears to be one of the most dreaded terrorist organizations. 9/11 illustrates that the organizational structure, as well as modus operandi of al Qaeda are not confined to a particular national boundary.

An integrated global approach is conducive for combating terrorist organizations such as al Qaeda. To address the threat of terrorism, we should not only look into its symptoms, but also the multiple factors that promote it. Apart from security and tougher law enforcement measures, steps should be initiated to address the underlying social, economic and political conditions that favor the spread of terrorism. This issue examines some of the strands of terrorism with a focus on al Qaeda and its leader, Osama bin Laden.

Rohan Gunaratna and Karunya Jayasena, in the paper, “Global Support for al Qaeda and Osama bin Laden: An Increase or Decrease?”, analyze public perceptions of both the US policies as well as al Qaeda, and its supremo, Osama bin Laden. The authors determine the factors and drivers that are correlated to an increase or decrease in support for al Qaeda and its leader. In order to minimize supporters and sympathizers for al Qaeda and bin Laden, partnership should be built between governments, academia and the Muslim communities. Apart from security measures, there is a need for promoting cultural and trade exchanges between the West and Islamic countries.

Monika Mandal, in the paper, “Ethnic Conflict in Nepal”, examines the ongoing ethnic conflict in Nepal. The study makes a detailed analysis of the Madhesi community problem. Pahadi and Madhesi are two distinct ethnic communities with their unique cultural and linguistic identity. The state’s favoritism for the pahadis and discrimination against the Madhesi has caused the current crisis. The Madhesi issue is a fight for recognition of rights and a struggle for equal representation and opportunity. The government of Nepal will have to change its discriminatory policies. Suppression can never be a solution to any deep-rooted crisis. Political and governance reforms would lead to dialogue for peaceful resolution of Madhesi ethno-political movement.

Chuka Enuka, in the paper, “Aid in Sino-African Relations: An Analysis of the Promptings, Pluses and Problems of China’s Aid to Africa”, makes an attempt to analyze five decades of Chinese aid diplomacy to Africa in an historical perspective. For China, aid is a tool of diplomacy, politics, and economic strategy. The Chinese aid to Africa is driven primarily by its energy requirements. Unlike Western lending, the Chinese aid is quick and comes without any conditions. In a way, such a lending norm benefits both China and Africa.

Syeeda Khatoon, in the paper, “US Bilateral FTAs in West Asia: A Step Towards MEFTA”, traces the idea of Middle East Free Trade Area (MEFTA) from a historical perspective with the US interests in view. The author analyzes various bilateral initiatives undertaken by the US over a period of time as well as the responses of the individual West Asian countries towards the US initiatives. Finally, the author also raises pertinent issues involved in the process of the realization of MEFTA. A unified strategy and a commitment to work together is required to fulfill the dream of MEFTA. Political issues should be dealt separately to give more weight to economic issues. Only then MEFTA is realizable.

Kenneth Chukwuemeka Nwoko, in the paper, “Globalization and the Political Economy of the Northern and Southern Hemispheres: Nigeria, Brazil, Germany and the United States”, examines the impact of globalization on the political economy of the Northern and Southern hemispheres, with Nigeria, Brazil, Germany and the US as case studies. Although the countries of the South are hit the most by globalization, the North does have its own negative share of the problem. Rather than bemoaning the problem, the author suggests, one should enhance the local economic conditions of the South. Globalization put in balance, is a welcome development for the contemporary world although a lot needs to be done.

-- Kalluri Raj Reddy
Consulting Editor

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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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International Relations