In this episode of Interpreting India, Meera Srinivasan joins Shibani Mehta to look at Sri Lanka's ongoing economic crisis. Why did Sri Lanka default on its debt? Were the signs of misgovernance visible long before the crisis struck? What political cost does it impose on the people?
Carnegie India hosted the second discussion of the Security Studies Seminar on “The Democratic State and Society in Indian Foreign Policy.”
Sri Lanka’s Sinhalese-Buddhist community should combat global isolation and the recent rise of extremist groups by using their Buddhist faith to strengthen transnational ties.
While trade liberalization and transportation infrastructure should remain BIMSTEC’s key priorities, the Bay of Bengal will not re-emerge as a regional space unless there are significant investments to foster people to people exchanges.
Religious tourism, maritime and air connectivity, power grid links, and energy security can boost connectivity between India and Sri Lanka.
As the Indian Ocean re-emerges at the heart of global trade and becomes increasingly integrated with the Western Pacific, the Bay of Bengal is likely to emerge as a critical linkage between the two oceans.
