This paper dissects the causes behind Pakistan’s ongoing economic crisis. The causes include dwindling forex reserves, the phenomenon of ‘galloping inflation’, a falling Pakistani Rupee, uncompetitive and undiversified export basket, burgeoning external debt, lack of fiscal prudence, debt distress, and a worsening business environment—all cascading ...
Statements made by public officials in certain G20 member states as well commentaries by financial analysts suggest that emerging market economies stand on a different footing from developed counterparts in their regulation of virtual digital assets. They attribute these differences to the distinct institutional, demographic, ...
The affordable housing challenge plagues cities across India. Although city administrations have framed various strategies to tackle the issue, weak implementation, flawed policies, and an inherent lack of capacity to find longterm solutions have allowed slums to proliferate as an alternative. This paper examines the ...
The use of America’s movie industry, or Hollywood, to advance an agenda is not new. This paper explores how China has expanded its financial footprint in Hollywood and consequently is able to use films for propaganda. It engages with the importance of propaganda and censorship ...
Hybrid warfare is an emerging global challenge, with military and non-military elements. This has given rise to the need to develop national capabilities to combat amorphous adversaries by utilising intelligence, information, cyber, electronic, conventional, and unconventional warfare techniques. This paper discusses the nuances of hybrid ...
China’s People’s Liberation Army (PLA) has undergone many changes since Xi Jinping became general secretary of the Communist Party of China (CPC) in 2013. Efforts at modernising the PLA have been conducted in earnest for the past 10 years through the overhaul of the organisation ...
Global geopolitics is in a state of intense flux. China’s rise has led to greater competition in the international system, with the United States and the post-War global order coming under increasing challenge. China’s high economic growth rate in the past several decades has meant ...
The COVID-19 pandemic pushed most economies into recession and heightened inequalities within and across countries. Mitigating current challenges requires greater solidarity, innovative thinking, and more effective international development cooperation. This paper makes a case for triangular cooperation as an instrument of development cooperation in current ...
India’s Northeast Region (NER) can serve as a pivotal connecting space between India and its neighbours to the east in South Asia, as well as to East and Southeast Asia and beyond, enhancing the country’s diplomatic, infrastructural, and commercial engagements. This paper makes an assessment ...
Growing economic protectionism and recurrent geo-economic and geo-political tensions in recent years are testing the resilience of the global economic order. Erstwhile proponents of globalisation such as the United States and the European Union are themselves recoiling from the global value chains that are over-reliant ...
Soumya Bhowmick is a Fellow and Lead, World Economies and Sustainability at the Centre for New Economic Diplomacy (CNED) at Observer Research Foundation (ORF). He is pursuing his PhD and holds a double master’s degree in economics from Jadavpur University, ...
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Sreeparna Banerjee is an Associate Fellow in the Strategic Studies Programme. Her work focuses on the geopolitical and strategic affairs concerning two Southeast Asian countries, namely Myanmar and Thailand. Her primary focus is on the Rohingya issue within the Bay of ...
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