Health and Economic Cooperation – Page 3

Factum Perspective: Putting de-dollarization in perspective

Health and Economic Cooperation, International Development, Regional GeopoliticsJuly 23, 20231KViews 3Likes 3Comments

By Rumeth Jayasinghe “Our country is crashing and will soon no longer be the world standard, which will be our greatest defeat frankly in 200 years. There will be no defeat like that will take us away from being even a great power.” Donald Trump In its simplest sense, de-dollarization refers to the global shift…

Factum Perspective: Ranil Wickremesinghe’s mission to New Delhi

Belt Road Initiative and Indo-Pacific Policy, Health and Economic Cooperation, International Development, Regional GeopoliticsJuly 16, 2023494Views 0Likes 0Comments

By Uditha Devapriya On July 2 and 3, Factum held its first Ambassadors’ Day at the Kataragama Esala Perahera. The event was attended by the Bangladeshi High Commissioner and the First Secretary to the Maldivian High Commission on the first day, and the Thai Ambassador on the second, which coincided with the final night of…

Factum Special Perspective: Politics, economics, and S. B. D. de Silva

Health and Economic Cooperation, International Development, UncategorizedJune 15, 2023939Views 0Likes 0Comments

By Kanishka Goonewardena “Capitalism is nothing if not the displacement of politics by economics.” This provocation by Fredric Jameson, the leading Marxist critic in the US, offers a fine insight with which to aim for some clarity amidst the confusion concerning the present crisis of Sri Lanka – which the Aragalaya has revealed, but…

Factum Perspective: Reflecting on the X-Press Pearl Case

Climate and environment, Health and Economic Cooperation, Maritime SecurityJune 11, 2023821Views 0Likes 0Comments

By Britney Martil The X-Press Pearl disaster, which unfolded on May 20, 2021, near the coast of Sri Lanka, stands as a harrowing event with profound consequences that have reverberated across multiple fronts. This maritime catastrophe has sparked significant developments in recent times, drawing attention to the gravity of the incident and emphasizing the pressing…

Factum Special Perspective: The BRICS Bank and Multipolar Multilateralism

Health and Economic Cooperation, International Development, Peace and ConflictMay 3, 2023915Views 0Likes 0Comments

By Sanja de Silva Jayatilleka South Africa will be hosting the 15th BRICS summit this year from August 22 to 24, under the theme “Partnership for Mutually Accelerated Growth, Sustainable Development and Inclusive Multilateralism.” South Africa’s President Cyril Ramaphosa, addressing his National Assembly in this context, said that a strategic priority for his country was…

Factum Perspective: A new dawn for the Middle East

Health and Economic Cooperation, History and Culture, International Development, UncategorizedApril 3, 2023993Views 0Likes 2Comments

By Deshani Samaragunarathna ألا هو لا دان (Ala ho la dan) Look who we are, we are the dreamers - We make it happen 'cause we believe it Look who we are, we are the dreamers - We make it happen 'cause we can see it Here's to the ones that keep the passion…

Factum Perspective: Central Bank Digital Currencies and Emerging Economies – Part II

Health and Economic Cooperation, International Development, Tech CooperationMarch 26, 2023529Views 0Likes 0Comments

Read Part I of this article here. By Kasun Thilina Kariyawasam In general, Central Bank Digital Currencies (CBDCs) can help businesses and individuals engage in international trade and investment, by providing a stable, regulated, and transparent currency that mitigates some of the risks associated with cross-border transactions. CBDCs for firms A CBDC can help…

Factum Perspective: Central Bank Digital Currencies and Emerging Economies – Part I

Health and Economic CooperationMarch 13, 2023851Views 0Likes 0Comments

Read Part II of this article here. By Kasun Thilina Kariyawasam In a survey conducted by the Bank for International Settlements (BIS) in 2021, 90% of Central Banks said they were exploring Central Bank Digital Currencies or CBDCs, with 54% considering issuing one within six years. With its CBDC – the digital renminbi…

Factum Perspective: Indo-Sri Lankan relations since independence – A checkered history

Belt Road Initiative and Indo-Pacific Policy, Health and Economic Cooperation, History and Culture, Peace and Conflict, Regional GeopoliticsFebruary 13, 2023903Views 0Likes 0Comments

Read this article in Tamil: vidiyal.lk/post/--2812 By P. K. Balachandran India-Sri Lanka relations are undoubtedly at their best now, thanks to India’s timely and generous assistance to its financially-beleaguered southern neighbor. But in the past 75 years or more, bilateral relations have been overwhelmingly troubled. Therefore, the million-dollar question now is: Will India’s help…

Factum Perspective: The road ahead for Emerging Markets

Health and Economic Cooperation, International DevelopmentJanuary 16, 2023823Views 0Likes 0Comments

By Kasun Thilina Kariyawasam “The dollar is our currency, but it's your problem.” John Connally, US Treasury Secretary, 1971 In the post-COVID global economy, Emerging Markets were hit with a double-whammy downward spiral. Even prior to the pandemic, Emerging Markets (EMs) were struggling with high inflation, lack of investment, unemployment, and other issues. Then COVID-19…

Factum Special Analysis: Emerging Markets and International Sovereign Bonds

Health and Economic Cooperation, Regional GeopoliticsDecember 15, 2022777Views 0Likes 0Comments

By Kasun Thilina Kariyawasam A total of USD 1,737.2 billion has been invested in the sovereign debt of emerging markets over the last 12 years. As a result of the high interest rates, emerging markets (EMs) paid 63% of the total interest on the bonds. Since 2020, Argentina, Zambia, and Sri Lanka have defaulted on…

Factum Perspective: IORA and Climate Change

Climate and environment, Health and Economic CooperationNovember 22, 2022808Views 0Likes 0Comments

By P. K. Balachandran Set up in 1997, the Indian Ocean Rim Association (IORA) is an inter-governmental organization aimed at strengthening regional cooperation and sustainable development in the Indian Ocean Region (IOR). It is also meant to help member countries meet the many challenges posed by climate change. The IORA has 23 Member States and…