Economy
How getting dollars from IMF, World Bank would make the borrower country’s situation worse off
As globalisation and international trade continue to increase, countries are becoming increasingly dependent on one another for economic support. While the idea of receiving...
The Complex Relationship Between Populism and the Economy: A Delicate Balancing Act
Populism on both the right and left has spread like wildfire over the world. The drive reached its apex in the United States with...
From Bullets to Development: Rethinking Military Expenditure in Favour of Official Development Assistance
International assistance has achieved remarkable accomplishments in reducing global poverty, supporting girls' education, addressing hunger, ensuring safe childbirth, nearly eradicating polio, combating female genital...
Meeting of BRICS Foreign Ministers in Cape Town: gauging the trends ahead of the summit
The meetings of BRICS foreign ministers in Cape Town on June 1-2 were awaited with notable impatience by the global community as several themes...
Has Sri Lanka Recovered from the Economic Crisis?
Sri Lanka is navigating an unparalleled economic crisis, and according to the Asian Development Bank's (ADB) annual report, the Asian Development Outlook (ADO) April...
Economic sanctions as instruments for foreign policy: circumstances, conditions, legality, and consequences
Since the end of World War II and the emergence of the Bretton Woods Institutions, the idea of global rule-based order evolved considerably, the...
Brick By Brick, BRICS Now a New Bridge for a New World
Measuring BRICS in single decades, in 2001, BRIC started as an acronym for Brazil, Russia, India, and China; Goldman Sachs economist Jim O'Neill claimed...
Promoting Economic Security: Enhancing Stability and Well-being
The stability and well-being of people, communities, and countries are critically dependent on economic security. It covers a range of topics, such as access...
The Impact of Globalization on the South Asian Economy
Globalization refers to the process by which economies, societies, and cultures from different countries become integrated with one another. The economies of the countries...
Defaulting on Collateralised Chinese Loans, Ghana Will Loose its State Properties
After several negotiations, the International Monetary Fund (IMF) has finally granted approval for a Special Drawing Rights of 2.242 billion, equivalent to $3 billion,...