The world economy faced several crises in 2022 that highlighted the need for more balanced development. Although the COVID-19 outbreak was still felt globally, the conflict in Ukraine affected the food and energy markets, causing severe mal...
Pakistan's economic situation will deepen in the following months as structural weaknesses and policy uncertainties boost recessionary risks, exacerbating political insecurity and security concerns. Pakistan's enormous foreign debt has gene...
Global growth is expected to slow down due to the rise of inflation, disruptions caused by the Russia invasion of Ukraine, and reduced investment (World bank report). Unfavorable economic conditions are expected to cause the global economy ...
The year 2021 marked two decades since the term "BRICS" was first used by former Goldman Sachs economist Jim O'Neill in the early 2000s to refer to the four rapidly developing nations that appeared most likely to start catching up to the We...
Even at times of high global uncertainty, Bangladesh has a good track record of growth and development. Over the last two decades, rapid economic growth has been supported by a robust demographic dividend, strong ready-made garment (RMG) ex...
The Financial Action Task Force (FATF) has added Myanmar to its category of “high-risk jurisdictions subject to a call for action” popularly referred to as the “Blacklist”. The statement from FATF stated that Myanmar continuously showed a l...
Digital economy is known as all economic activities based on digital platform and digital economic development is the use of digital technologies and data to create new business models. Digital economy has been playing a vital role in econo...
China's economy is slowing down, with its annual growth rate falling to 0.4% in the April-June period, its lowest since 1992. The country's recovery is being hindered by the combination of COVID and the falling property market. Since the ou...
China's approach to debt distress is generally to seek preferential treatment and negotiate with creditors in a more tailored manner. As Sri Lanka prepares to negotiate with its major creditors, including the International Monetary Fund, it...
As the world's 5th largest economy, India is setting new export targets. Through the efforts of its various agencies, it has been able to achieve these goals. The country is becoming a manufacturing hub. With the help of National Logistics ...
In the past decade, China has lost growth in double-digits. In comparison to previous months, the GDP went down from April to June although it barely topped in the same quarter too. In this regard, economists are of the view that factories ...
The rising debt levels in South Asian countries are concerning and can trigger a debt crisis in the region. The countries Sri Lanka, Pakistan, Afghanistan and Myanmar are facing sovereign debt crises. Sri Lanka is a country that had faced d...
