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    ISAS Insights

    Detailed perspectives on developments in South Asia​​

    129 : United States- Economic Problems and Their Ripple Effects

    Shahid Javed Burki, Visiting Senior Research Fellow at the ISAS

    10 August 2011

    This paper examines the agreement reached on 2 August 2011 between President Barack Obama and the United States (US) Congress on increasing the debt ceiling and discusses its likely ripple effects on the global economy. While South Asia is not well integrated into the global economy to feel the impact of developments a long distance from its borders, it too will be affected. The ripples will reach its shores.