224 results found
The Supreme Court has ordered the companies to pay the government not just the dues but a hefty penalty -- as well interest on both
Although Muizzu is signalling a return to normalcy in the Maldives-India equation, his larger goal of reducing his country’s reliance on India still
To stave off the public debt crisis, a tailored long-term macroeconomic policy response is essential to address the challenges at hand.
For India’s G20 presidency to be successful, it would have to both prioritise the causes of the Global South and bridge the North-South divide
The ‘structural imbalance’ in South Asia is a contribution of geography and political history — but also has a deeper context and meaning.
Developing countries owe Beijing a lot more money than is commonly realized. This is how empires start.
Sri Lanka is emerging from its crippling economic crisis through stabilisation efforts of the Wickremasinghe government and Indian aid
The global macroeconomy has undergone unprecedented change in recent years, particularly because of the COVID-19 pandemic. While the G20 had an effective coordinating role in steering the global economy through the 2008 global financial crisis, its role in engineering an inclusive and sustainable recovery from the pandemic has been more mixed. Incomes in the advanced G20 economies are on track to return to pre-pandemic levels by end-2022 but have
As Maldives faces a complex economic landscape driven by import dependencies and fiscal policy challenges, strategic policymaking is imperative
All nations, including India, would be watching for inclinations on how the ‘new Maldives’ intends to avoid a China-induced ‘debt-trap’ of the
The Maldivian domestic politics today is in constant flux as the presidential elections draw close
Neither Yameen, nor his ministers have explained how getting eternally indebted to China would help in the economic independence of Maldives.
While the recent push for MDB transformation is welcome and reform urgently needed, the IEG report’s recommendations should be evaluated more critic
To ensure responsible borrowing, FinTechs should build a credit assessment framework that the microfinance industry can adopt to help keep low-income
Immediate measures need to be taken to ensure that the economic impact of the pandemic, the domestic political turmoil, or the Ukraine–Russia confli
The recent election victory of Muizzu indicates that Maldives may lean towards China in the coming years
The island nation has bigger problems than tourism and India-Out—it is getting crushed in an Islamist-China pincer
The trade relationship between Myanmar and China continues to flourish despite the growing domestic instability in Myanmar
India's goal of reaching net zero presents a crucial challenge and opportunity. Its success depends on financing key sectors effectively, thus, shapin
As BRICS expands to 11 members, the challenge ahead will not be of who else joins BRICS, but what policy decisions are taken and how are they implemen
It likely that Malé will remain sensitive to India’s broad strategic concerns around China, but will likely push also for closer ties to Beijing.
Without deep structural reform, which includes reducing the size of government and curtailing the expenses on the overbearing and overfed holy cow —
The Stand-By Agreement from the IMF staves off the possibility of Pakistan defaulting on its debt, but only temporarily, not indefinitely.
The budget will be passed under what are probably the most difficult and trying circumstances in Pakistan's history
Going into 2024, Pakistan remains in the throes of a polycrisis, without a clear roadmap on how to navigate it
No matter the winner, Pakistan’s economy will make it difficult for the incoming government to meet election promises
Pakistan's borrowing history has discouraged IMF and its allies from providing fresh loans or restructuring existing ones.
Avoiding a debt default is virtually impossible, but this crisis can be an opportunity for Pakistan to redeem itself
Pakistan can draw crucial lessons from Sri Lanka’s success as the former continues to negotiate for a US$ 1.1-billion tranche from the IMF to stabil
The defect in Venezuelan economy led to its dependence on oil.
उत्पादों और परिणामों पर ज़ोर देकर भारत को स्वास्थ्य के म�
Often likened to financing fiscal deficits overnight, Quantitative Easing is meant to prevent unwarranted tightening during times of stress.
The BRI was conceptualised under the ethos of the Chinese proverb, “If you want to get rich, build roads first”; however, China is adapting its ap
Myanmar government is proceeding with the BRI projects in an attempt to resuscitate the economy but this could come at a huge cost
The tiny nation's economy has become yet another victim of the protracted ethnic conflict between Tamils and Sinhalese. This week, Standard and Poor credit rating agency has downgraded the rating of Sri Lanka from 'stable' to 'negative' reflecting concerns about the weak fiscal consolidation efforts and the unfavourable trends evident in the country's debt profile.
The two countries are holding talks for India to reschedule Sri Lanka’s $900 million India debt.
As Sri Lanka enters the crucial phase of debt restructuring, it will have to balance its domestic and external pressures
जैसे ही कर्ज़ जाल सबंधी आलोचना तेज़ होती जा रही है, चीनी प�
Sri Lanka, one of the leading countries in the South Asian region, has now descended into a crisis due to flawed policies. Will it be able to undo the
The country continues to be a prime area of competition for both Asian powers in the South Asia region.
The woes of the financial sector emanate from sick industries which are unable to pay their debt. It would be best to roll out a non-judicial version of the 4R (recognise, restructure, resolve, reform) approach.
The dragon has officially risen. But as China spreads its reach and influence beyond its borders through the Belt and Road Initiative, implementation
It took a long time for the West to recognize the need for an alternative to China’s Belt and Road Initiative and that it has already stolen a march on it in this domain
Soft power in South Asia has ushered a fear of retaliation; negative impacts such as debt traps appear less threatening to these countries than turnin
It seems like the stakeholders in the U.S economic debate are tired with all the "economic pornography" - with all the apocalyptic warnings about debt ceilings, trade deficits, faltering housing recoveries and stubborn unemployment, and are waiting for externally created solutions.
Africa’s representation in the Summit can be hailed as a statement from the continent: Blind loyalty to one state is no longer the norm
Modern India has put a lie to the notion that democratic governance and economic progress are incompatible with extreme social diversity and high init
