International Development – 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 Special Perspective: The elections in Türkiye

International Development, Peace and ConflictMay 31, 2023551Views 1Like 1Comment

By Aavin Abeydeera Enjoying its position as the middleman between Europe, the Middle East, and greater Asia, Türkiye’s elections have always made it to the front page. Should an election swing to the far right, the European Union suddenly goes on red alert. Should an election swing to the far left, the Middle East criticizes…

Factum Perspective: Fostering innovation in Sri Lanka

International Development, Tech CooperationMay 14, 2023669Views 0Likes 0Comments

By Malidu Mihisara Aluth alut de nothanana jaathiya lowa nonagi Siga kema beri wunu thana lagii gaya mara gii These lines were written by the Sri Lankan poet and author Cumaratunga Munidasa. A nation that does not innovate, he observes, will never prosper, and will eventually have to beg. I would like to go beyond Munidasa’s reading.…

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: 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 Perspective: Sri Lanka and Türkiye – Renewing an old friendship

Health and Economic Cooperation, International Development, Peace and Conflict, Regional GeopoliticsNovember 4, 2022692Views 0Likes 0Comments

By Uditha Devapriya The Sri Lankan government has tasked the Lakshman Kadirgamar Institute to conduct a review of the country’s foreign relations. While officials have not yet come out with details, the review is set to include a reconsideration of Sri Lanka’s ties with various countries, in light of recent international developments. The Executive Director…

Factum Special Perspective: “Completely friendly” – The history of Türkiye-Sri Lanka relations

History and Culture, International Development, Regional GeopoliticsOctober 28, 2022621Views 0Likes 0Comments

Statue of Alâeddin Keykûbad / Wikimedia Commons By Vinod Moonesinghe The country we now know as Türkiye has a long history, holding within its borders the remains of the world’s first city, Çatalhöyük. Our knowledge of much of ancient foreign relations comes from the records of the Hittite empire, based at Hattusa. The great city of…

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

Health and Economic Cooperation, International Development, Regional GeopoliticsAugust 21, 2022613Views 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…