The ongoing economic and political crisis in Sri Lanka demonstrates more than ever that geopolitical rivalry fosters myopic decision-making, and that peace is a prerequisite for intergenerational justice. Sri Lanka is facing an unprecedented emergency. Decades of financial mismanagement by governments dominated by the family of President Gotabaya Rajapaksa, combined with the effects of the COVID-19 pandemic and the Russia-Ukraine war, have now left the country on the brink of economic collapse. For the first time since independence in 1948, Sri Lanka’s government announced that it will be defaulting on all $51 billion of its sovereign debt, as it seeks an urgent bailout [...]
Economics & Business
Russia’s invasion of Ukraine is upending the geopolitical calculations of states around the world. The fallout is especially complex for the post-Soviet states of Central Asia, which maintain extensive economic, political, cultural and other ties to both Russia and Ukraine. While Central Asia is far from the front lines of the ongoing war, and therefore less directly impacted than states like Moldova or Georgia, its leaders also face difficult decisions. Independent for three decades, the Central Asian states remain dependent to varying degrees on Russia as a security provider and economic partner, and as a source of political support. Their [...]
A month ago, when all eyes were on the war in Ukraine, the Taliban quietly reneged on their promise to put school-age girls back in classrooms. This followed a six-month period in which women faced crippling restrictions on their employment, freedom of movement, dress, access to healthcare and participation in sports, plus gender-based violence, torture and arrest if they protested. But the international community’s initial response—to pull humanitarian aid, for instance—threatens to make matters even worse. Since the U.S. withdrawal in August 2021, U.S. government agencies and representatives, like the wider international donor community, have been struggling to determine how best to support women’s human rights in [...]