Health and Economic Cooperation – Page 5

Factum Special Perspective: Taiwan – The Jewel of the West Pacific

Belt Road Initiative and Indo-Pacific Policy, Health and Economic Cooperation, Peace and Conflict, Regional GeopoliticsAugust 28, 20221KViews 0Likes 0Comments

By Kusum Wijetilleke Following the first Sino-Japanese war in 1895, the Qing Dynasty ceded the island of Taiwan, creating Imperial Japan’s first colony. The Japanese had planned to create what it called a “model” colony, to showcase the benefits of “Japanization.” Roads and infrastructure were developed, as well as sanitation systems and a network of…

Factum Perspective: The 21st Century, an Asian Century?

Health and Economic Cooperation, International Development, Regional GeopoliticsAugust 21, 2022711Views 0Likes 0Comments

By Kaif Sally For some 500 years, the West dominated the course of history. The burning question now on the horizon is, how will the 21st century become an Asian one? The notion of an Asian led global order is not recent. According to British economist Angus Maddison, China, India, and Japan alone had a…

Factum Special Perspective: Spy ships in our waters

Belt Road Initiative and Indo-Pacific Policy, Health and Economic Cooperation, Maritime Security, Peace and Conflict, Regional GeopoliticsAugust 18, 2022764Views 0Likes 0Comments

By Admiral Ravindra C. Wijegunaratne A Chinese spy ship docking at the Hambantota Port has become news in Sri Lanka and India. Yet very few seem to be asking as to what exactly a spy ship is. Simply put, it is a ship dedicated for reconnaissance missions, especially electronic eavesdropping. A considerable number of countries…

Factum Perspective: The war in Ukraine – Five months on

Health and Economic Cooperation, International Development, Peace and Conflict, Regional GeopoliticsAugust 15, 2022821Views 0Likes 0Comments

By Rathindra Kuruwita The war in Ukraine is in its fifth month. After a few initial setbacks, due to underestimations of Ukrainian morale, the accuracy of Western signals intelligence, and Putin’s desire to minimize casualties, it seems that Russia is en route to achieving its objectives. There’s no point discussing why Russia is winning. Russia…

Factum Perspective: Will Sri Lanka slip up over Russian oil?

Health and Economic Cooperation, International Development, Regional GeopoliticsJuly 24, 2022820Views 0Likes 0Comments

By Lasanda Kurukulasuriya Sri Lanka’s outgoing president* Gotabaya Rajapaksa, in one of his last acts as head of state took a long-delayed step of talking to his Russian counterpart President Vladimir Putin on the phone, to request desperately needed fuel supplies on credit. According to a post on his Twitter account on Wednesday (6) he…

Factum Perspective: A radical change to fix the economy

Health and Economic CooperationJuly 17, 2022823Views 0Likes 0Comments

By Sunil Abhayawardhane Though Sri Lanka’s economic crisis blew open this year, its origins can be traced back to 1948. It was due more to what was not done than to what was done: put simply, the result of the country’s failure to industrialize, to shift to manufacturing. Orthodox “mainstream” economics Since independence, economic policy…

Factum Perspective: Sri Lanka, Singapore, and the politics of oil

Health and Economic Cooperation, Regional GeopoliticsJune 27, 2022899Views 0Likes 0Comments

By Rathindra Kuruwita On June 19, Sri Lanka’s Minister of Power and Energy Kanchana Wijesekera informed the media that giving the Ceylon Petroleum Corporation (CPC) a monopoly over the oil industry was a mistake, adding that the government was taking steps to allow multinational oil companies to recommence operations in the country. The Minister also…

Factum Perspective: Pakistan’s economic storm and lessons for Sri Lanka

Health and Economic Cooperation, Regional GeopoliticsMay 29, 2022820Views 0Likes 0Comments

By Muhammad Aftab Alam Covid19-related restrictions have devasted the world’s most vulnerable economies. The situation has essentially worsened since the Russian invasion of Ukraine, crushing countries whose Gross Domestic Product depends on exports of single-source goods and services such as tourism, imports of essential goods such as fuel and gas, and sustained inflows…

Factum Perspective: Sri Lanka braces for tougher times as IMF talks begin

Health and Economic CooperationApril 17, 2022681Views 0Likes 0Comments

By Dr M. Ganeshamoorthy Facing its worst crisis since independence, Sri Lanka’s economy has only just begun to experience the repercussions of imprudent policymaking. The government’s announcement of the preemptive unilateral default of $51 billion announced last week has sent the country’s credit ratings catapulting. The closure of the stock exchange for five working…

Factum Perspective: Eurasian integration is a pre-requisite for de-dollarizing Sri Lanka

Health and Economic Cooperation, Regional GeopoliticsApril 10, 2022773Views 0Likes 0Comments

By Shiran Illanperuma The NATO-Russia conflict playing out in Ukraine has brought to the fore long-simmering international tensions. These include the role of the US Dollar as the global reserve currency, and the power of the US government to unilaterally exclude nations that challenge its dominance from international trade, by sanctions and bans from international…

Factum Perspective: India lends bigger hand to Sri Lanka’s economic crisis amid ratings downgrade

Belt Road Initiative and Indo-Pacific Policy, Health and Economic Cooperation, Regional GeopoliticsJanuary 16, 2022879Views 0Likes 0Comments

By Shihar Aneez and Omar Rajarathnam A day without power cuts is now a breaking news story in Sri Lanka which is facing precarious economic instability. The common citizen is unsure what to make of the financial chaos with its government running low on dollars and money to run the country. Excessive money printing…

Factum Perspective: Lanka-Sino ties and criteria for ‘win-win’ economic diplomacy

Belt Road Initiative and Indo-Pacific Policy, Health and Economic CooperationJanuary 1, 2022534Views 0Likes 0Comments

By Shiran Illanperuma China has long emphasized that its outward investment via the Belt and Road Initiative (BRI) is based on the principle of “win-win”. This is to say that Chinese investment is geared towards mutual benefit, and should not veer too far into the extremes of charity on the one hand, and exploitation…