CBSE
Class 10
Class 12
Is it possible to have democracy at the global level? Not at present. The UN, the International Monetary Fund and the World Bank are global associations of the world. They attempt to maintain peace and security among the countries of the world.
They give loans and money to governments. They are not fully democratic. Five countries US, UK, France, China and Russia have the veto power in the Security Council. The World Bank has a US President always and theInternational Monetary Fund is in the hands of seven powerful nations.
Many powerful countries like the United States of America believe that democracy should be promoted in the world — even by force.Powerful countries have launched attacks on non-democratic countries.Iraq is the biggest example. USA and its allies attacked and occupied Iraq without UN sanction, on the pretext of Iraq possessing nuclear weapons. They have even held forced elections.The urge for democracy should come from the people and should not be imposed.
Veto-The right of person, party or nation to stop a certain decision or law.
Colony-Territory under the immediate political control of another state.
Solidarity –Oneness of interests, aims, etc.