Courtesy: Vox
Since the 1980s, Argentina has witnessed repeated rounds of hyperinflation and recurring currency devaluations that made any forward-looking planning impossible. The new President, an outsider with unorthodox economic ideas, may finally enable the long embattled economy to break free from its troubled hyperinflationary past.
Courtesy: Le Monde
A stabilising economy in Sri Lanka has eased inflationary pressures and foreign exchange liquidity crises in the past year. As economic recovery steps up, Sri Lanka has also sought free trade agreement-led Asian regionalism. However, with presidential and parliamentary elections scheduled for 2024 and an opposition that wants to renegotiate the IMF agreement, A lasting economic recovery may be derailed by political risks.
Courtesy: The Wall Street Journal
Javier Milei defied expectations when he won the Presidential election in Argentina earlier this month. The public are looking for early and rapid results that will bring the economy back on a steady keel, even through radical reform. But sectors of the entitled old guard have already announced it will oppose any change in the status quo.
Courtesy: Verité Research
The Sri Lankan economic crisis was the result of years of weak fiscal performance and lack of consistent development strategies. While economic recovery has picked up pace, addressing macroeconomics issues and implementing structural reforms to promote inclusive and sustainable growth is the key to its success
Courtesy: Gateway House
The expansion of BRICS and the military coups in West Africa have brought to the fore long-suppressed intensities and tensions in the world order. Developed and developing words are in a moment of transition, with middle powers like India playing key balancing roles. Amb. Neelam Deo speaks with us on Unfolding Geopolitics, a new podcast series which observes and explains current and emerging geopolitical and foreign policy trends across the world.
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The G20 today is undoubtedly the most significant grouping of major world economies, and one which can make a significant impact on world affairs. This is particularly true, as the role of the United Nations is seen to be declining, Read more
Courtesy: Arab News
The coup has revealed three truths: the long tail of colonialism is reaching its end; alternatives to western control and command have emerged; the younger generation in developing countries have neither awe nor loyalty to the old master and nothing to lose in overthrowing the past, even though they know not their future.
Courtesy: The Week
To qualify for the IMF’s latest bailout, Pakistan has had to share accurate information on its economy including its debt to China. This confirms the speculation of Pakistan’s gigantic indebtedness to China.
Courtesy: Gateway House
Mexico has followed Prime Minister Modi’s visit to the U.S.,and sees an opportunity to partner with India. Geopolitically, as a global south country with shared interests in peace, security and sustainable development; regionally, as part of the supply chain and export gateway to the U.S.; strategically as a diplomatic platform with a pragmatic narrative that privileges mutual interests.
Courtesy: The Hindu
India’s rise as a global player is linked to the kind of relationship it enjoys with African countries, especially as the latter is undergoing demographic, political, and socioeconomic transitions. A new report on the India-Africa partnership recommends a resilient ‘Africa policy’ that will collectively enhance diplomatic, defense, cultural, and developmental collaboration between the two countries.