Articles by: Anis Chowdhury

Developing countries debt crisis – Chinese or Western trap?

Developing countries debt crisis – Chinese or Western trap?

As rich countries switch on their firefighting mode to tame soaring inflation, developing countries are feeling the heat. Higher interest rates mean increased debt servicing costs. Hawkish interest rate hikes are also triggering net capital outflows and currency depreciations, adding to the woes caused by commodity price volatilities and US-led trade disruptions. Thus, an increasing number of developing countries are[Read More…]

by — 12/09/2022 — Comments are Disabled — World
Weaponising Trade and Its New Enemy

Weaponising Trade and Its New Enemy

“Weaponising trade”, i.e., using trade as a tool of foreign policy aspirations and marginalizing rivals instead of as an opportunity for economic growth, is not new. It is well known that among most countries, “the United States bears a good share of responsibility” for increasingly weaponizing trade. The US and its allies have used trade embargoes and sanctions against countries,[Read More…]

by — 18/07/2022 — Comments are Disabled — World