Ray Dalio, the founder of Bridgewater Associates once claimed, “A bad year in China is going to be a great year in any other country”. Though the statement itself is…

Zheng He, an eminent 15th century Chinese explorer, set foot on the northern coasts of Kenya a long time before Columbus discovered the United States. There are records of trade…

Fiscal prudence, an ever pertinent concept in economics, becomes even more paramount when used for the government budgeting. However, the fiscal prudence in general is mostly trumped by populism, especially…

Executive Summary Saudi Arabia has a highly oil-dependent economy with trembling growth rates since last few years. It is finding a way to spur a recovery. Vision 2030 has been…

It was in May 2017 that the Pakistani Prime Minister Mr. Nawaz Sharif attended the Beijing conference on the One Belt One Road (OBOR) initiative. Beijing aims to implement its…

Study of political arrangements of countries across the globe reveals that most of the central governments generate more revenues than regional/provincial governments. This disparity calls for establishment of revenue distribution…

The dawn of 21st century introduced a new dynamic in power politics and relationships in the globe. Nations fractured, insurgencies grown, societies faltered, and faiths challenged. The genesis of this…

The post-Cold War era has brought about an avalanche of complex changes and intimidating challenges in the international system. After the disintegration of the USSR, the world was left with…

The maritime sector of any country holds pronounced benefits for its inhabitants and directly contributes in national development. Yet, there is little public awareness about the gravity of the maritime…

About 80 percent of the world trade is carried out by sea-borne routes. This indicates the importance of warm water sea ports. The South Asian region has great significance since…