China must multilateralise BRI, for Global South’s sake
Why China needs to multilateralise the Belt and Road Initiative and how such an approach could help avoid the mistakes and reputational damage it incurred such as in Sri Lanka’s case.
Why China needs to multilateralise the Belt and Road Initiative and how such an approach could help avoid the mistakes and reputational damage it incurred such as in Sri Lanka’s case.
By emphasising more aid effectiveness and leading an aid consortium for Sri Lanka, India can cement its growing reputation as a first responder in the developing world.
Sri Lanka stands to gain significantly from greater regional interdependence and closer economic links with India and other South Asian countries.
The roots of Sri Lanka’s crisis are in the fault lines and political disincorporation of nearly four decades of neoliberalism and the crisis of authority and representation within the state.