Editorial

I am happy to note that with the publishing of this 4th issue, we are crossing our 1 year mark.

For our young journal Maldives Economy Today, it's indeed a momentous achievement, made all the more satisfying because of the challenging environment we find ourselves today.

Even at the outset I would like to thank the Founder of the Journal, Ahmed Mohamed for his initiative and his untiring resolve to continue the journal, even as time and space have made the effort more challenging for me.

In this issue we offer an insightful analysis by Mr. Ahmed Mohamed titled 'Market Power and Public Benefit: Lessons from Banking and Telecom in the Maldives'. Examining the need for deeper competition in the banking industry, through the lens of results gained from creating competition in the telecom industry, he offers insight for readers and policy makers

Ahmed Mihadh's article on Social Capital is an examination of the importance of Social Capital especially for small island states like the Maldives. His earnest plea for strengthening Social Capital, while it's being eroded, results in a well researched article with deep lessons and foresight.

Athif has contributed 2 articles. One looks at deepening concerns in the fiscal context even while external default concerns are receding.

The second article looks at the welcoming news that fishery harvest have recovered front the worrisome landings results of 2024.

We would like to thank the authors who contribute to our effort and offer special thanks to Ali Hashim, whose contribution, even though not public, facilitate us to publish the journal.

We look forward to continuing our effort through our 2nd year and onwards and welcome thoughts, advice and articles for publications.

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Maldives Economy Today [Vol 1 - Issue 4] July 2025