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The Promise and Peril of Pakistan’s Economic Recovery Effort

The Promise and Peril of Pakistan’s Economic Recovery Effort

Wednesday, September 6, 2023

In the first half of 2023, Pakistan appeared to be moving toward a catastrophic economic default. An IMF loan program Pakistan entered into in 2019 had gone off track after the Fund found Islamabad’s commitment to reform lacking, leading to a suspension of loan disbursements. The derailment of the IMF program resulted in a significant drop in the country’s foreign exchange reserves — at one point this year, reserves could only cover about two weeks' worth of imports due to concurrent debt repayment pressure. To avoid defaulting, the government imposed stringent import restrictions in an attempt to control dollar outflows. That caused a major economic shutdown of import-dependent industries, a shortage of essential commodities and surge in inflation.

Type: Analysis

Economics

Sameer Lalwani on the G20 Summit

Sameer Lalwani on the G20 Summit

Tuesday, September 5, 2023

At the G20 summit, the United States should focus on engaging with the Global South. “A lot of these countries are worried about bread-and-butter issues,” says USIP’s Sameer Lalwani. “In the absence of U.S. leadership at an institutional level … there’s going to be other actors that fill that vacuum.”

Type: Podcast

What to Know About Gabon’s Coup

What to Know About Gabon’s Coup

Thursday, August 31, 2023

On August 30, just hours after Gabon’s election commission announced that President Ali Bongo Ondimba had been elected to a third term, a group of Gabonese military officers from the elite presidential guard unit seized power and placed the president under arrest at his palace. Later that day, the officers declared General Brice Oligui Nguema as chairman of the transition. While the election itself had been marred by reports of irregularities, the officers’ coup marks the latest in a long line of recent military takeovers across the African continent that have jeopardized regional stability and security.

Type: Analysis

Democracy & Governance

What BRICS Expansion Means for the Bloc’s Founding Members

What BRICS Expansion Means for the Bloc’s Founding Members

Wednesday, August 30, 2023

After more than 40 countries expressed interest in joining, the question of whether BRICS would admit new members was finally answered during the group’s summit last week. Despite pre-summit reports of division over the potential expansion, leaders from the five-nation bloc announced that Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates (UAE) would join the group starting in 2024.

Type: Analysis

Global Policy

La movilización juvenil genera esperanza para el futuro democrático de Guatemala

La movilización juvenil genera esperanza para el futuro democrático de Guatemala

Wednesday, August 30, 2023

El 20 de agosto, los guatemaltecos votaron decisivamente a favor de Bernardo Arévalo en la segunda vuelta de las elecciones presidenciales, dando paso al que probablemente será el presidente más progresista del país en décadas. En apenas dos meses, el Partido Movimiento Semilla de Arévalo condujo una campaña de bajo presupuesto impulsada, desde las redes sociales, que llevó a un candidato poco conocido a una victoria aplastante de 20 puntos.

Type: Analysis

Democracy & GovernanceYouth

Henry Tugendhat on the Geopolitical Impact of BRICS Expansion

Henry Tugendhat on the Geopolitical Impact of BRICS Expansion

Tuesday, August 29, 2023

The expansion of BRICS is a significant step in the bloc’s push to counterbalance the Western-led international order. But as a consensus-based group, “the question remains to what extent will they agree on what [that] alternative world order might look like,” says USIP’s Henry Tugendhat.

Type: Podcast

¿Cómo deberían responder los Estados Unidos a la influencia China en América Latina?

¿Cómo deberían responder los Estados Unidos a la influencia China en América Latina?

Monday, August 28, 2023

El 21 de agosto, el Parlamento Centroamericano – organismo regional regional que representa a Guatemala, El Salvador, Honduras, Nicaragua, la República Dominicana y Panamá – votó a favor de expulsar a Taiwán como observador permanente y sustituirlo por la República Popular China (RPC).

Type: Analysis

Democracy & GovernanceGlobal Policy

Youth Mobilization Sparks Hope for Guatemala’s Democratic Future

Youth Mobilization Sparks Hope for Guatemala’s Democratic Future

Monday, August 28, 2023

On August 20, Guatemalans voted decisively in favor of Bernardo Arévalo in their runoff presidential election, ushering in what will likely be the country’s most progressive president in decades. In just two months, Arévalo’s Movimiento Semilla party used its low-budget, social media-fueled campaign to propel him from obscure underdog candidate to a 20-point landslide victory.

Type: Analysis

Democracy & GovernanceYouth

How Commemoration Can Help Unite a Divided Libya

How Commemoration Can Help Unite a Divided Libya

Thursday, August 24, 2023

In the al-Washishi district of Benghazi a burnt-out car stands in memorial to a slain Libyan National Army (LNA) special forces fighter, serving as a city-wide reflection of the country’s 2014-2017 civil war. The car belonged to Salem (Afareet) Al-Naili, whose father was brutally murdered, one of the many victims of terrorist violence in the city. Inspired by the personal loss of his father, Salem threw himself into the fighting in the city’s civil war and was ultimately also assassinated.

Type: Analysis

Reconciliation