Latest Analysis
Recent evidence-based commentary on the issues shaping the Maldivian economy, public policy and development.
Paying Debt Is Not the Same as Solving It
While the Maldives has met some of its biggest external debt obligations of 2026, meeting those obligations has come at…
RasMalé: The $20 Billion Question
RasMalé promises investment on an unprecedented scale. But beyond the headline numbers, the key question is how much economic value…
De-dollarisation in the Maldives: Considerations Before Policy Intervention
Before pursuing policies aimed at reducing the economy’s reliance on the US dollar, it is essential to understand why dollarisation…
Silencing the Signal: The Economic Reality of the Maldives
The Maldives faces rising living costs, persistent foreign-exchange pressures and deeper structural weaknesses in its economy. Restricting discussion of these…
Same Dollar, Two Prices: A Regulatory Conundrum
The US dollar trades in the Maldives at prices far above the official exchange-rate band, including through licensed money changers….
Dhathivejje: The Economics Behind the Slogans
Dhathivejje puts inflation and the black-market dollar at the centre of public attention. Behind those pressures lie deeper questions about…