In June 2018, Pakistanâ€™s current-account deficit swelled to $19 billion. Pakistanâ€™s foreign exchange reserves are at a drastic four-year low, and the central bank has devalued the rupee by almost a third in the past year.  Pakistan has a history of financial instability and a weak central government. As this article will demonstrate, many of these same domestic factors are at play in the current Pakistani financial crisis. This time, however, the extent of Pakistanâ€™s problems is exacerbated by a significant debt to China. A project known as the China-Pakistan Economic Corridor is a central piece in Chinaâ€™s ambitious international development efforts, known collectively as the Belt and Road Initiative. As the US-China conflict intensifies, it is essential to understand the threat of Chinese dominance in Pakistan and what the US can do to combat it.
This is Part 2 of a two article series on healthcare reform in India. Part 1 explored the unique factors that drive healthcare policies in India. This piece analyzes India’s flagship healthcare reform, Ayushman Bharat, which is also known as “Modicare.”