July' 22

Articles

Sri Lanka's Economic and Political Crisis: Causes and Consequences
Subhash B

2022 has brought many shocks and surprises to the world. Even as nations across the globe were recovering from the Covid-19 pandemic, Russia invaded Ukraine causing a devastating geopolitical turmoil. Closer home in South Asia, Pakistan faced a political setback and elected a new prime minister, while Sri Lanka is facing its worst economic crisis in more than 70 years. In fact, Sri Lanka's economic woes are not new. The crisis has been festering for years, until it started unraveling in the beginning of 2022. The ensuing chaos has deeply affected its citizens, which ultimately led to political turmoil and violence. It is difficult to predict the future state of affairs in the island nation, since a new political regime has recently taken charge. This paper aims to extensively analyze the economic crisis, mainly focusing on the reasons for the sad state of affairs, such as mismanagement by successive governments and ill-timed economic and trade policies, including China's investment fallout. Full Article..

Russia-Ukraine Crisis and European Security Architecture
Sakti Prasad Srichandan

The Russia-Ukraine crisis has posed a formidable challenge to the European security architecture dominated by North Atlantic Treaty Organization (NATO) for a long time. Russia is on a revisionist path to reclaim its lost ground from NATO. The principle of 'equal and indivisible security' is fundamental to European security architecture. The belligerents of the crisis have different interpretations of this principle, resulting in confrontation. Ukraine's inclination to join NATO and the European Union (EU) might have been the foremost reason for Russia's invasion. But it also appears that Russia's larger geopolitical objective remains to redefine and redraw the lines of cohabitation with NATO. In this context, this paper tries to understand the trajectory of the Russia-Ukraine crisis and how it affects the European security architecture. Full Article..

Post-Covid-19 Era: Is it Time to Adopt Universal Basic Income in Vietnam?
Thi Doan Trang Nguyen and Trang Thuy Pham

Universal Basic Income (UBI) is now getting a lot of political attention around the world as many countries have proposed schemes and pilots for this type of welfare program. During Covid-19, the inequality and poverty in developing countries was found to be extremely appalling, which led to an increasing demand for better welfare programs to support their citizens. This paper reviews the principal literature on UBI and provides a general summary of Covid support policies in Vietnam to answer the question: Is a UBI scheme needed for Vietnam following the pandemic? Full Article..

Impact of Emerging Digital Technologies and Artificial Intelligence on the State: An Overview
Arun Teja Polcumpally and Akshay Rahar

This paper provides an overview of the impact of emerging digital technologies and Artificial Intelligence (AI) on how the State projects its power. AI is the most ambiguous technological advancement with an unknown trajectory of its growth and applications; it has become a critical area of research. To understand the impact of digital technologies in general and AI in particular, two approaches are considered. First, AI is considered to assist in dissipating power from the State to emerging agencies and existing structures; and second, in strengthening the power of the State. Without taking the case studies, the paper focuses on the conceptual study and analyzes the speculative fears of AI. The paper helps in understanding how the State as a concept is changing. It provides the gaps in the existing research and helps to identify the attributes to be considered in the practical usage of digital technologies for the State. Full Article..

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