- September 10, 2022
- Posted by: Stratford Team
- Category: Economy
Thank you for doing me the honour of asking me to speak in such distinguished company at the
Kantipur Conclave. This is a remarkable occasion that you have devised, and the level of participation is proof of its value and influence, I thought I would use this opportunity to speak about the moment in which we in south Asia find ourselves.
I. The Paradox
Looking at south Asia today one is struck by a paradox: Many of our countries are in economic difficulty and face political uncertainty; and yet, to my mind, we have a moment of geopolitical and economic opportunity.
II. The Present Situation Let me expand on that.
Many describe our present condition as a crisis. Five governments changed in south Asia in the last year end a half—not all of them in an orderly, willing or predictable manner. Three of our countries are in advanced stages of working out solutions to their debt crises with the IMF and international community, and more may have to seek help.
Our…
