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The economic agenda is the key issue in the Sri Lankan Presidential elections to be held on Sept 21. This island nation is seeking a return to prosperity through relief from onerous debt, reduced corruption, an effective bureaucracy, and constitutional and economic reforms. The five principal players in the race, however, have varied agendas that may not fulfil all of the people’s needs and desires.
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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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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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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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The term Global South is no less ambiguous today than when it first originated in the 1960s. This time though, it is a big tent that accommodates all non-West aspirations, from the G77 to the Non-Aligned Movement to the Third World. It is a geopolitical fact rather than a geographical demarcation whose appeal lies in its ability to get to the heart of shared priorities and goals.
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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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A timely book on the Naga contribution to Allied victory in the Second World War is a necessary documentation. Northeast India was the eastern flank of the British empire where the battles of Kohima and Imphal stopped Japan’s invasion into India. While western historical narratives are being reiterated during the war’s 80th anniversary, the role and sacrifice of the Nagas is a neglected but important counterpoint.
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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.