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The need for a more multipolar global currency system is being raised amidst the rise of newer currencies and growing criticism of the US dollar

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 to a balance of payment crisis. While austerity measures, appeals for loan rollover to debt

India pulled out of the planned Regional Comprehensive Economic Partnership (RCEP) in 2018 after entering negotiations in 2013. India has a trade deficit with 11 out of the 15 RCEP countries and some analysts have theorised that India decided to opt out of the agreement because of such adverse trade balance.  Indeed, India has a trade deficit with most of its trade partners in past free trade agreements (FTAs). It is in this context that this br

All of our neighbours run huge trade deficits with India which is not good for promoting harmonious relations. Basically, the whole South Asia is India-centric and instead of playing the big brother, India can afford to be generous. It will be beneficial to us in the long run to have peace and prosperity in the region.

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.