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Debt ad Infinitum: Pakistan’s Macroeconomic Catastrophe
May 31, 2023

Debt ad Infinitum: Pakistan’s Macroeconomic Catastrophe

This paper dissects the causes behind Pakistan’s ongoing economic crisis. The causes include dwindling forex reserves, the phenomenon of ‘galloping inflation’, a falling Pakistani Rupee, uncompetitive and undiversified export basket, burgeoning external debt, lack of fiscal prudence, debt distress, and a worsening business environment—all cascading to a balance of payment crisis. While austerity measures, appeals for loan rollover to debt

Maldives’ new pro-China tilt is worrisome but India hopes for pragmatism
May 17, 2024

Maldives’ new pro-China tilt is worrisome but India hopes for pragmatism

India has been understanding of the Maldivian government’s new policy, but it expects the island nation to respect Indian sensitivities and equally uphold its commitment to bilateral ties