ASIAN Journal of International Peace & Security (AJIPS)

China’s Policy towards Taliban-Ruled Afghanistan

Rashida Anis, Saira Aquil — Mon, 01 Jan 2024 00:00:00 +0000

Historically, China's relations with Afghanistan encompasses more than seven decades
of bilateral relations. From 2014 onwards, a significant shift was reflected in the
diplomatic relations from a less-engaged diplomatic stance to a far active engagement.
However, in the wake of US forces’ withdrawal and the Taliban recapturing of Kabul,
China’s foreign policy conduct towards Afghanistan has become a strange puzzle, which
needs to be deeply studied and explored. China’s tacit recognition and tactful dealings
with the Taliban regime demand a thorough analysis. Therefore, the objective of the
present research is to analyze China’s foreign policy behavior towards Afghanistan
under Taliban regime. To get in-depth analysis, this study has applied descriptive and
analytical research design and has used the qualitative data collection and data analysis
tools and techniques. The major findings of the research show China’s visible but a
slight tilt towards Taliban since the latter took control in Afghanistan in August 2021.
The study concludes that the major characteristic of the current China’s policy towards
Afghanistan is a “cautious yet engaged” policy posture, primarily due to the strong
interplay of core security challenges and economic interests, respectively.

Liberal World Order and Global Security Governance: Analyzing Its Impact On the Global South Through a Case Study of Afghanistan

Muhammad Saeed — Mon, 01 Jan 2024 00:00:00 +0000

This article attempts to understand the nature of global security governance in the
context of relations between the West and the global South under liberal world order.
To do this, it asks a simple question: what the global security governance seeks to
secure and from whom and what to secure? Focusing on these question, this study
engages critically with theory and practice of liberal internationalism. This critique is
informed by insights from critical theory of Rober W. Cox, post-structural theory of
Markus Kienscherf and postcolonial theory of Alexander D. Barder. This study is
mainly qualitative and analytical. Besides secondary sources such as books, research
reports and articles etc., primary sources such as declassified documents of United
States government available online, as well as various reports by international
organizations, and, interviews from Afghan students studying in Pakistani universities,
have been used for this study. Using US-led twenty-year war in Afghanistan, this article
shows that in global security governance, under liberal world order, races and
civilizations of global South are considered as existential threats to the West which are
dealt with policies that contradict rules of liberal world order claimants.

Sukuk Market Development and Macro-Economic Factors: Empirical Evidence from Pakistan

M. Razwan Sheikh, Faiz-ur-Rahim — Thu, 15 Feb 2024 00:00:00 +0000

This study is an attempt to find out the association between macro-economic variable
and Sukuk market development in Pakistan. Macro-economic variables are considered
as the mainstay for the development of Sukuk markets. Therefore, the scope of this
study is to find out the association between macro-economic variable viz. gross
domestic product, inflation, exchange rate, trade openness and Sukuk market
development in Pakistan. This research work is carried out by employing, explanatory
research design and utilizing the secondary data to assess the relationship between
Sukuk market development and macro-economic variables in Pakistan. Consequently,
VECM technique was used to assess this relationship for the period of 15 years from
2008-2022. The findings of this study demonstrated that only two variables i.e. GDP
and exchange rate have shown significant relationship with Sukuk market development
in the short-run. However, in the long-run all variables i.e. GDP, exchange rate and
trade openness, except inflation have shown significant relationship with Sukuk market
development in Pakistan. The results of this work may instigate the policy makers to
step-up with such innovative strategies, which can provide conducive growth for
macro-economic variables, and, consequently, lead to flourish the development of
Sukuk market in the country.