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The Case for Washington’s Strategic Engagement in South Asia
Changing geo-strategic circumstances with the rise of China have forced the United States to narrow its global commitments and concentrate on the immediate challenge. In South Asia, this shift in priorities has felt seismic. While U.S. engagement centered on counterterrorism…
China in South Asia: Sri Lanka’s Elusive Attempts to Balance Between India and China
China’s role in Sri Lanka has undoubtedly changed over the past few years but is no less influential. Sri Lanka’s current foreign policy is almost exclusively driven by economic needs owing to its recent political and economic crises during which…
The Case for Privatization of State-Owned Enterprises in Sri Lanka
In 2021, state-owned Sri Lankan Airlines reported losses of more than one percent of Sri Lanka’s GDP. Totaling USD $552 million in 2021, the loss of one state owned enterprise is larger than the entire national social security budget set…
India-China Relations: The End of Hope for an Asian Century
The 21st century witnessed the end of the Cold War and the emergence of Asian players as important poles of power in international relations. Led by rapidly growing economies like India and China, this century promised to be an Asian century fostered…
The IMF’s Evolving Role in Sri Lanka Amidst Increasing Chinese Investments and Great Power Competition
Introduction Sri Lanka's widely-discussed economic crisis, which resulted from a combination of policy missteps, culminated in the country's default on its foreign debt repayments in April 2022. In response, Sri Lanka embarked on its 17th Extended Fund Facility (EFF) with…
Revisiting The Washington Consensus in South Asia
For most of the three decades after the end of the Cold War, economic “experts” and governments across large parts of the non-western world preached the gospel of the “Washington Consensus,” a set of social and economic policies centering the…