Due to the failure of developed countries to adequately financially assist developing countries, the latter are increasingly looking towards creating outward oriented economies that are more suitable for foreign direct investment and export promotion. As such, the share of South-South Foreign Direct Investment (FDI) of total world FDI has risen from 3% at the beginning of the century to around 14% in 2009, and has risen even further in recent years. In this context, this blog analyses the importance of South-South investment to developing countries, with a focus on Sri Lanka.
Sri Lanka occupies a pivotal position as a strategic asset to both India and China, and despite its role as a pioneer of SAARC, the country is increasingly turning towards broader engagement with East Asia. This blog examines how Sri Lanka can delicately balance both Indian and Chinese interests to its advantage, to leverage the benefits of both regional superpowers.
This article examines the implications of China’s rise in the new global order and Donald Trump’s ‘America First’ Policy on Sri Lanka.
This article elaborates on some key aspects highlighted in the Global Competitiveness Report 2016/17, which sheds light on structural weakness in the economy that inhibits Sri Lanka’s progress.
This article argues that the South-South Cooperation is gradually changing the landscape of economic and political diplomacy among the countries.