debt — 9DASHLINE

Navigating Sinophobia amid Indonesia's economic ascent

Written by Dr Narayani Sritharan and Peter Rizkillah

Sinophobia in Indonesia is not merely a by-product of the BRI but a consequence of economic ambition intersecting with security concerns in a rapidly changing geopolitical landscape.

Emerging Issues, Southeast Asia9DLApril 5, 2024Navigating Sinophobia amid Indonesia's economic ascent, NARAYANI SRITHARAN, PETER RIZKILLAH, 9DashLine, China, Indonesia, geopolitics, Belt and Road Initiative (BRI), Chinese lending, BRI-related loans, infrastructure, Sinophobia, Global South, Partnership for Global Infrastructure and Investment (PGII), US Secretary of the Treasury Janet Yellen, economic growth, debt sustainability, debt, AidData, Xi Jinping, Global Civilisation Initiative, Global Security Initiative (GSI), development tools, President Jokowi, Chinese investments, influx of Chinese workers, Chinese workers, immigration, labour migration, COVID-19 pandemic, Jakarta, PT Gunbuster Nickel Industry (GNI), nickel, nickel processing plant, Jiangsu Delong Nickel Industry, Morowali, Central Sulawesi, PT Virtue Dragon Nickel Industry (VDNI), Southeast Sulawesi, Indonesian labour regulations, labour disputes, labour unions, ferronickel smelter, Indonesia Country Climate and Development Report, data protection laws, tourist visas, ISEAS Yusof Ishak Institute, visa-free, visa-waiver policy, North Sumatra, Dairi regency, regional security, Islamist extremist groups, Jamah Ansharut Daulah (JAD), counterterrorism, counterterrorism cooperation

Tilting or balancing: Decoding Muizzu’s foreign policy

Written by Michael Kugelman

Ultimately, like any democratic leader, Muizzu will need to walk a tightrope between foreign policy imperatives and domestic political considerations. A balancing policy abroad will also require one at home.

South Asia, Power Politics9DLFebruary 1, 20249dashline, Tilting or balancing: Decoding Muizzu’s foreign policy, MICHAEL KUGELMAN, Maldives, Mohamed Muizzu, India, China, Beijing, Male, pro-Beijing, Abdulla Yameen, “India Out” movement, India Out, India’s military, corruption, Maldivians, coup, Islamist extremism, Hindu, International Yoga Day, New Delhi, hydrographic surveys, Turkey, Pakistan, Kashmir, Indian Prime Minister Narendra Modi, Lakshadweep, Indian tourists, tourism, economic reliance, trade deficit, Chinese research vessel, intelligence, Maumoon Abdul Gayoom, intervened militarily, democracy, development, trade agreement, Belt and Road Initiative (BRI), Maldives-India relations, Ibrahim Mohamed Solih, India First, “India First” policy, cybersecurity, COVID-19 vaccines, trade deal, defence deal, UN climate summit, security cooperation, debt, Climate change, geopolitical, Indian Ocean, Arabian Sea, nationalism, sovereignty, independence, economic dependence, Chinese influence, hedging policy, hedging, great power competition, anti-Modi, sea lanes, EU, disinformation, Maldivian Democratic Party (MDP), People’s National Congress (PNC) party

China’s real estate crisis is still a political danger

Written by Dr Aravind Yelery

To prevent growing unrest and panic among young Chinese and instil faith in Beijing’s rule of law, the government must show that it is willing and able to deal with real estate problems and deliver more than sprawling cities and glossy development.

Khan versus the rest: What lies ahead for Pakistan

Written by Syed Ali Zia Jaffery

The crisis can only end if the government realises that preventing people from exercising their right to vote will be counterproductive going forward.

Sri Lanka is finally on board with the IMF: What’s next?

Written by Nashalie De Silva and Thilina Panduwawala

It will be crucial to communicate the need for these tough reforms to voters and ensure that they benefit from the economic recovery.

South Asia9DLApril 17, 2023Sri Lanka is finally on board with the IMF: what’s next?, 9dashline, Nashalie De Silva, Thilina Panduwawala, Sri Lanka, International Monetary Fund, IMF, IMF Executive Board, Extended Fund Facility, IMF Staff-Level Agreement, economic crisis, economic recovery, debt, Debt trap, debt restructuring, debt relief, creditor, China, Debtbook Diplomacy, debt trap diplomacy, Belt and Road Initiative (BRI), India, Paris Club, China Development Bank (CDB), loans, COVID-19 pandemic, tax cut, USA, Export-Import Bank of China, moratorium, IMF Board Approval, IMF Debt Sustainability Analysis (DSA), IMF Staff Report, Letter of Intent, inflation, unsustainable public debt, Zambia, Ecuador, low-income country, market-access country, fiscal consolidation, populist politics, Gotabhaya Rajapaksa, technocrats, economic reforms, anti-corruption, Sri Lanka is finally on board with the IMF: What’s next?

2023: Where is Pakistan heading?

2022 was a difficult year for Pakistan: A humanitarian crisis sparked by devastating floods, the assassination attempt against former Prime Minister Imran Khan, and a faltering economy. Growing political instability also prompted US President Joe Biden to call Pakistan one of the most dangerous countries in the world, characterising it as “nuclear weapons without cohesion”.

Pakistan’s fatiguing interest in the IMF reform program

Written by Asad Ejaz Butt

While Pakistan does not have any alternate short-term options other than returning to the IMF, it can consider structural reforms, like targeted subsidies and rationalisation of current expenditure through fiscal prudence and better management of state resources.

South Asia9DLDecember 19, 20229dashline, Pakistan’s Fatiguing Interest in the IMF Reform Program, Asad Ejaz Butt, Pakistan, South Asian Voices, International Monetary Fund, IMF, Islamabad, IMF’s Pakistan program, economy, economic crisis, floods, flash floods, macro-fiscal stability, Ishaq Dar, Nawaz Sharif, Prime Minister Shahbaz Sharif, Shahbaz Sharif, Pakistan’s Finance Minister, fiscal discipline, IMF headquarters, self-sufficiency, Washington, extended fund facility (EFF), staff-level agreement, fiscal and external imbalances, procyclical, economic indicators, account and fiscal deficits, long-term structural reforms, fiscal consolidation, bail-out, loan, loans, macroeconomic stability, commercial bank, banking, Imran Khan, PTI government, PTI, Pakistan Tehreek-e-Insaf (PTI), nudge, Fiscal and current account deficits, economic collapse, policy rate, monetary tightening prescription, tax, tax revenues, currency, devaluation, free-market and laissez-faire economics, cash, mortgage financing, inflation, business, fiscal deficits, expenditure, debt, debt servicing payments, rupee, rupee devaluation, exports, imports, remittances, oil imports, foreign exchange flexibility, subsidies, donor, donor and IMF fatigue, World Bank, Sri Lanka

How and why Japan can be an alternative to China in the Indo-Pacific

Written by Kyoko Hatakeyama

Moreover, since Japan has maintained a stable relationship with China — despite their territorial disputes — the region does not have to worry about backlash or anger from China just because they choose Japan over China.

East Asia9DLDecember 16, 20229dashline, How and why Japan can be an alternative to China in the Indo-Pacific, Kyoko Hatakeyama, Japan, China, South China Sea, nine-dash line, Senkaku Island, Regional Comprehensive Economic Partnership, RCEP, TPP, United States, Trans-Pacific Partnership, trade partner, Comprehensive and Progressive Agreement for Trans-Pacific Partnership, CPTPP, Tokyo, Beijing, regional economic integration, sphere of influence, Sino-centric order, infrastructure projects, G20 Principles for Quality Infrastructure Investment, G20, Trilateral Partnership for Infrastructure Investment, indo-pacific, Abeonomics, Belt and Road Initiative (BRI), Abenomics, Shinzo Abe, South Korea, Taiwan, Jakarta, Bandung, Indonesia, Cambodia, debt, debt trap, Pacific Island states, Solomon Islands, Australia, New Zealand, COVID-19 crisis, COVAX, WHO, ASEAN, Sinovac, Laos, Trans-Pacific Partnership (TPP), Donald Trump, Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Regional Comprehensive Economic Partnership (RCEP), ‘debt trap’ diplomacy, Asian Development Bank, Nauru, Federated States of Micronesia, Kiribati, Philippines, Vietnam, Philippine Coast Guards (PCG), Joko Widodo, Japanese Foreign Minister Toshimitsu Motegi, Natuna archipelago, Natuna Islands, USA

The problem is not a power transition

Written by Michael J. Mazarr

The US-China relationship is not accurately captured as a power transition, but it is a clash of an often self-righteous leading power and a dissatisfied challenger. That recipe is one of the most combustible in world politics.

Faultlines9DLDecember 2, 20229DashLine, Michael J. Mazarr, The problem is not a power transition, power transition, China, Chinese Communist Party, CCP, Party Congress, 20th Party Congress, national rejuvenation, power, USA, sanctions, great power, United States, hierarchy, world politics, international relations, international relations theory, index of national power, global norms, American strategy, comprehensive national power, international order, GDP, technology, hegemon, hegemony, Beijing, debt, housing bubble, liberal internationalism, Liberal International Order, demographics, fertility rate, dependency ratio, per capita wealth, Autocracy, autocratic rule, material power, Soft Power, diplomacy, World Bank, Taiwan, Japan, Australia, European Union, Russia’s invasion of Ukraine, US-Japan-Australia-Taiwan coalition, India, Vietnam, Indonesia, counterbalancing, human rights, UN, post-war international order, power measurement, Stacie Goddard, community of common destiny for mankind, rising power, John Ikenberry, institutionalist theory, exceptionalism, US-led order, Daniel Rosen, Jessica Chen Weiss