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In April 2022, Sri Lanka’s sovereign debt default —with China being the largest bilateral creditor—trained the spotlight on the impact of Beijing’s lending on Sri Lanka’s economic crisis. Yet, Sri Lanka’s debacle is a result of far more complex, interrelated factors than indebtedness to China. At the same time, there has been a significant rise in servicing of loans from China over the years, and Beijing is indeed an important

Head of the Syrian delegation to the 68th United Nations General Assembly and Foreign and Expatriates Minister, Walid al-Moallem, said that aggressive policies towards Syria must stop for any effective solution to the Syrian crisis to develop.

This return to business as usual is reflective of the wariness on both sides to escalate the crisis further and prevent it from metastasising into a new front of conflict.

Everywhere in Syria the grand conspiracy of the US, Israel, Turkey, Saudi Arabia and Qatar to overthrow the Assad regime is feverishly discussed. Turkey reportedly tried to mediate in this crisis by suggesting that Muslim Brotherhood should be included in the negotiations, but Damascus refused since the Brotherhood is a religious grouping.

Taiwan is facing an existential identity crisis, one whose consequences can go well beyond the region. The island exists between two sovereignties: it has domestic sovereignty and is secure in its identity as a democracy and an economic powerhouse; at the same time, it has an uncertain international sovereignty and is insecure in a larger battle with China about that identity. From a traditional international-relations perspective, Taiwan meets e

The apparent hydrological paradox is natural, but its impact is man-made.

As industries slowed to a near halt in 2020 due to the COVID-19 pandemic, the digital economy received a boost—especially from consumers forced to rely on virtual means to meet their needs. Businesses turned to the virtual workspace, adopting new productivity tools to retain their workforce. This brief studies the case of Africa, where tech played a role in pandemic response, and e-commerce players reported increases in orders and custo

The Ukraine crisis may have effectively ended the rapprochement between the USand Russia, and in turn affecting relations such as those of Japan and Russia. Prior to this crisis,and the subsequent Western sanctions on Russia, Tokyo and Moscow had been reaching out toeach other, and hope flickered for a resolution to the territorial dispute over the NorthernTerritories or Southern Kurils. This paper argues that with nationalist governments in powe

Berlin might not yet be ready to provide the kind of leadership that some expect, but the real "German question" seems to be whether Europe can really stomach German leadership. Given the uneasy reactions to Merkel's handling of the Eurozone crisis, the answer is clearly no.

Whatever be the demands of the Baloch nationalists, the situation now is that of a growing humanitarian crisis that the rest of the world chooses to ignore. Continued indifference will not help the problem go away but will only exacerbate it further and make it more intractable.

Little is known and even less understood about the 2,00,000-strong Bangladesh Army's corporate interests. The importance of the subject owes itself to the fact that the army has been a veritable power of stability in a country that has been dogged by decades of unending political turmoil. The fact that the Army had to step in to keep the country from slipping into a political abyss in 2006 underlines the criticality of its role in providing stabi

This brief examines the importance of economic integration between India and Sri Lanka in fostering both nations’ growth as well as regional stability. Their deep cultural, historical, and geographic ties support an evolving economic relationship driven by trade, investment, and connectivity. As Sri Lanka’s largest trading partner and investor, India plays a pivotal role in its economic recovery, particularly following Sri Lanka’s recent ec

The Sustainable Development Goals (SDGs) are the first truly global attempt to set universal development goals for all countries and transform the economic system. More than halfway through the timeline of achieving the SDGs, the COVID-19 pandemic and a series of subsequent crises have dealt a deathblow to the SDGs. A massive financing gap is the primary obstacle to the achievement of the global goals by 2030. This brief argues that the G20, with

Despite a seemingly endless supply of and demand for private credit, the rapid expansion of the market has been a cause of concern for some regulators and executives. Should investors be worried? This brief explores certain aspects of private credit that warrant a close look—including the retailisation of the market and the current interest rate environment. It highlights the implications for financial stability, including the potential for fin

In the present crisis in Congo there is a possibility of escalation of violence if Kabila continues to find reasons to postpone elections

Young people across the world today are facing multiple challenges: lost school years due to the pandemic-induced lockdowns, the looming climate crisis, increasingly dangerous virtual spaces, and food and energy security concerns triggered by the Ukraine-Russia conflict. This paper analyses the challenges facing the youths of the Commonwealth, where 60 percent of the combined population are under 30 years old, and explores the investments require

This week, NATO chief Jens Stoltenberg once again underlined that Ukraine could expect more deliveries of heavy weapons from western nations.

An imprisoned Imran Khan directing street protests is a thorn in Pakistan army’s side. The political instability deepens Islamabad’s ‘polycrisis’

The success of the Indian covert actions in 1971 that led to the liberation of Bangladesh has a legendary place in India’s security consciousness. This paper retells the story of India’s covert actions in East Pakistan between January and December 1971. It lays down some essential rules and principles for successful covert actions that remain applicable even today. These include the need for a culture of covert action that guides the developm

The proverbial Global South seems to be showing a fragmented approach to the crisis

The International Financial Architecture has come under much scrutiny following the 2008 global financial crisis. There have been demands for major reforms to the IFA; but despite the steps taken so far, much more needs to be done to ensure global financial stability.

As the global climate crisis intensifies, nations are becoming more hard-pressed to formulate responses that will be acceptable to all stakeholders. In an effort to understand India’s approach to addressing the challenges of climate change, this paper describes the natural circumstances that have historically shaped its responses. The paper also discusses the most crucial imperatives that have guided such actions and suggests that these

Blinken’s visit may be another way of signalling to China that it shouldn’t exploit any crisis to escalate new ones, at least until the US elections are over

Prime Minister Manmohan Singh concerned about the looming energy crisis, is determined to expand the contribution of civilian nuclear power to India¿s energy budget. For this it is necessary to remove the shackles imposed by the United States and its friends on international nuclear transactions.

The group’s big challenge is to define the security dimension of its agenda more robustly even as economic talks get underway

The world is undergoing a process that some have called “covidisation”, or the unravelling of the manifold, far-reaching medical, economic, and social impacts of a global health emergency.[1] There is no dearth of analyses of the many health and economic dimensions of this first massive global civil emergency of the 21st century.[2] This brief examines the social aspect of the pandemic through two perspectives:  one is that of a repr

The US has long grappled with the Taiwan issue. So far, its policy of ‘strategic ambiguity’ has deterred the use of force by the People’s Republic of China (PRC). It is a moot question if this policy can be sustained to counter the PRC’s assertive military posture in the Taiwan Strait. The question before the US is whether it can deter an invasion and avoid a war with the PRC, simultaneously. The PRC is determined to seek reunification an

Now in its twelfth month, the Ukraine crisis is caught in a protracted winter of war rather than one of frozen hostility or attempted peace. Most prognoses point towards continuing military action instead of dialogue in the near term. This is primarily because Russia and Ukraine have made their maximalist positions clear. But is the door to dialogue completely shut, or is there room for ‘strategic accommodation’ through creative peace diploma

The claims and counterclaims are less about the two protagonists in this war than it is about moulding the world’s opinion.

New Delhi’s decision to import oil from Moscow has disappointed the US and UK, but urging us not to do so as that would help the Russian economy is blatant hypocrisy.

Established in 1995, the World Trade Organization’s (WTO) Dispute Settlement System (DSS) is used to resolve trade-related disputes between WTO member states. It has received over 500 complaints since its inception, and utilises both political negotiation and adjudication for dispute resolution. Today the DSS faces an unprecedented crisis due to US obstruction, which may render the system effectively dysfunctional by late 2019. It is likely tha

Before the rise of Xi Jinping—before the Beijing Olympics and the South China Sea tensions and the China-India border crisis—the late former Japanese Prime Minister Shinzo Abe had already sensed that a rising China would pose daunting challenges to its neighbours and the regional order. This brief argues that without Abe, there would likely have been no ‘Quad’ grouping joining Australia, India, Japan, and the United States. His re

Ambassador of the European Union to India, Dr. Joao Cravinho, admits that the current problem is "big" and it is "about the EU project", but he also believes that "the EU has the strength to deal with Greece" and that it has come out stronger after every crisis it has been facing in the past.

The Qatar crisis unfolded soon after the Riyadh summit of Muslim countries, attended by President Trump. Iran was the whipping boy at the Riyadh summit.

Crisis in the Gulf will also have major consequences for India

Hit by violent ethnic clashes, the Otunbayeva government faces a tough challenge to bring Kyrgyzstan out of the present crisis. One of the main challenges would be to conduct an impartial probe into the violence and punish the guilty to regain the confidence of the minorities.

Amidst increasing global connectivity and accelerating global change, the global security framework has become insufficient, contributing to a crippling dysfunctionality in international cooperation. The current security framework, focused almost exclusively on a narrow notion of military security, is insufficient to address escalating ‘threats without enemy,’ such as climate change, biodiversity loss, and pollution, which increasingly endang

The need for integrated water resource management (IWRM) has been explored and articulated by many water professionals over the recent years. Today, such a holistic approach to the management of water systems has become even more imperative in the context of the global crisis in water for which no easy solution is yet in sight. This brief calls for the development and institutionalisation of the interdisciplinary approach of integrated water syst

This report explores the role of water credits to incentivise conservation, optimise allocation, and integrate sustainability into corporate and agricultural water use. Modelled after carbon credits, water credits incentivise stakeholders—including agriculture, industry, services, and households—to offset consumption by investing in water conservation and efficiency measures. The study examines economic and ecological valuation models and pri

The Syrian crisis has become a test case for Turkey's foreign and domestic policy. Determined to find a balance between its global expectations and regional objectives, Turkey aimed towards the downfall of the Assad regime, relying on its strength in the Arab streets and support to rebels to ensure a rapid outcome. This tolerance for the radical opposition in Syria, along with the failure in finding a resolution to the Kurdish issue, has contribu

The past 18 months of the crisis in Ukraine has brought back memories of the Yugoslavian crisis, says Mr. Césare Onestini, the Deputy Head of delegation of the European Union in India.

The popular uprising against the Assad regime in 2011, which gradually evolved into a civil conflict, has been one of contemporary history’s greatest tragedies. The conflict has claimed more than 400,000 lives; over six million Syrians have been internally displaced. India has not joined the call for an end to the Assad-led Baath Party rule over Syria. While this position may not hold much weight on its own, it strengthens with the consolidated

Sri Lanka, which in the 1970s was being hailed as a development success story for a low-income nation, is now mired in a financial and economic disaster, its worst yet since independence in 1948. Despite notable investments in infrastructure projects, and a largely stable growth rate from 2013 to 2019, the Sri Lankan story was marred by a series of untimely and mismanaged economic measures that led to the current meltdown. External factors have c

Various explanations have been proffered for Chinese President Xi Jinping’s renewed emphasis on ideology. The popular narratives attribute it to either Xi’s power ambitions, or a reaction rooted in his personal trauma during the Cultural Revolution of the 1960s. Meanwhile, an alternative discourse projects the rise of ideology politics as a response to a possible legitimacy crisis facing the Communist Party of China (CPC). This paper weighs i