Courtesy: Gateway House
Bangladesh’s economy, already weak at the time of the August 2024 coup, has been on a downward spiral since. Banks are insolvent and cannot lend, business confidence is low, and investors are staying out. These issues will worsen the ongoing radicalisation, extremism and violence in the country.
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Renewable energy adoption will be much slower than what was being projected earlier, and China’s curbs on rare-earth magnets will slow down the adoption of electric vehicles. Oil will continue to fuel India’s economy in 2026 and beyond.
Courtesy: Körber-Stiftung
The world is facing multiple crises which are shaking the foundations of multilateralism. The West’s structures are faltering, and the need for effective and equitable cooperation is greater than ever. Seventy years after the 1955 Bandung Conference, its principles of sovereignty, territorial integrity, cooperation and solidarity remain vital. This report revisits Bandung’s relevance for today’s reform efforts, urging renewed Global South–Europe collaboration for a sustainable global future.
Courtesy: Gateway House
A slowdown of the Chinese economy, and the shift, particularly by MNCs, from China to other more competitive locations has opened up business opportunities for latecomers to supply chains in the developing world. Evidence suggests that Southeast Asia and some South Asian countries like India, Sri Lanka, Bangladesh, could be beneficiaries of the supply chain shift, particularly in labour-intensive segments.
Courtesy: New Spotlight Magazine
Building a robust engagement with India on energy can help offset some of the economic and political crises that most of India’s neighbours are facing. Smaller South Asian neighbours will benefit from cheaper electricity and oil, paving the way for greater regional economic cooperation.
Courtesy: Gateway House
The proposed IMEC corridor connecting India to Europe through the Gulf can be transformative, helping to reduce risks to the global movement of goods and data. It’s early days yet, and there are gaps to be filled in terms of missing infrastructure and overcoming a diplomatic rift.
Courtesy: Gateway House
Geopolitics is increasingly intertwined with the economic destiny of South Asia. Even before the U.S. tariffs were rolled out, growing polycrises had hit the global economy, which has been struggling since the pandemic. South Asia seems a relatively bright spark of regional trade and growth. This paper analyses South Asia’s trade architecture in the backdrop of a sluggish world economy in the 2020s, and makes recommendations for closer regional economic integration.
Courtesy: Körber-Stiftung
The world is undergoing profound transformations that are not being driven only by the United States, China or Russia. Small and medium-sized States are carving out a legitimate place for themselves in the emerging new order. This second edition of our annual Emerging Middle Powers Report is a reminder that the signs of the times are showing a new momentum for middle powers.
Courtesy: Ada Derana
Sri Lanka’s new President Dissanayake is facing his first big test – rising rice prices. High import tariffs and a powerful rice mafia given to hoarding of the staple, are compounded by other market distortions. Can he balance urban consumer demands with rural farmer interests? Either way, his options are limited.
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The Indo-Pacific Economic Framework for Prosperity (IPEF)’s Clean Economy Agreement is unique in that it offers multiple benefits for investment, capacity-building and standards-setting, all while pursuing a clean economy agenda, voluntarily. India has already seen success in this area and is a hopeful example for others in the Indo-Pacific.