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Pakistan’s latest economic data tries to paint a cheerful picture, but the economy is still in deep trouble. The main culprit is the ‘managed’ float of the Pakistani rupee, which covers for a multitude of other sins.
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Chinese state media and other outlets are increasingly using disinformation to undermine Taiwan's political stability, sway public opinion, and erode national unity. The government in Taipei mitigates this threat by employing a range of high- and low-tech solutions. Other countries will benefit by using the Taiwan model to fortify their democratic institutions and enhance their readiness against an advanced arsenal of disinformation tools.
Foreign policy in the 21st century is underpinned by economic issues, in contrast to the 20th century when global politics and security aspects dominated diplomacy. Dammu Ravi, Secretary (Economic Relations), Government of India, discusses Indian diplomacy and how it navigates the G7 and BRICS, the opportunities and challenges for strengthening the Neighbourhood First policy in South Asia, and the country’s evolving economic diplomacy.
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Sri Lanka’s sovereign debt default in 2022 triggered the worst economic crisis in the country’s post-independence history. By mid-2024, the economy started showing signs of recovery, with a performance higher than other debt-defaulting nations and exceeded IMF expectations. The current stable path, however, is not enough. Sri Lanka needs to shift its economic trajectory from one of debt distress to sustained growth over the next few years.
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Russia has begun to make its presence felt in the Indo-Pacific as an independent player. A slew of high-level visits has shown Russian intention to engage, following its isolation by the West. The region is ambivalent, but open to listening to multipolar voices.
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The events of August 5 turned Bangladesh from a development model to unstable entity. A variety of players have been stirring trouble in the country, from within and without. Great powers and neighbours, NGOs and the diaspora, Islamist groups and armed forces. All these are entangled in the U.S.-China geopolitical rivalry that Bangladesh seems to be caught in.
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Bangladesh’s economy has been in distress for some time and is not doing as well as assumed. This could have been one of the factors that drove the protests and the subsequent coup.
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Sheikh Hasina’s recent ouster as the Prime Minister has highlighted the deep fissures in Bangladeshi society and pushed the subcontinent into political turbulence. Amb. Rajiv Bhatia, Distinguished Fellow for Foreign Policy Studies, Gateway House, speaks about the political, economic, and security implications the crisis in Bangladesh has for Indian foreign policy and geopolitics in the neighbourhood and beyond.
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Bangladesh Prime Minister Sheikh Hasina's forced resignation on August 5 came amidst prolonged and violent anti-government protests. Lt Gel S L Narasimhan, the Adjunct Distinguished Fellow for China and National Security Studies, Gateway House, analyzes the role of the army and external actors, and the strategic and security implications for India.
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China and India both give great importance to their neighbours – the former through its Friendly Neighbourhood policy, the latter through Neighbourhood First. Although China has been increasing its influence in the region, narratives that say that India is losing out to China lack in-depth analysis. To deduce the future trajectory of China in South Asia, it is important to study both China’s and India’s relations with each of these countries, as also with each other.
