It is in serious trouble, but is the Russian economy unsustainable? Western sanctions have restricted Russian companies’ access to international financial markets, but it is the state’s policies and priorities that are tanking its economic performance. Recent statistical releases show … Continue reading →
Slower China growth is indicated as the headline figure increased at its lowest quarterly rate in three years, according to official data released at the weekend. Other indicators, however, gave mixed readings, leaving the prospect of further economic stimulus finely … Continue reading →
Stagflation is becoming a possibility in the Indian as the rupee and GDP growth rate fall, inflation and interest rates rise amid domestic political uncertainty over Sonia Gandhi’s medical condition following an operation in New York.
Continue reading →South Korea President Lee Myung-bak returned home last week from a tour of Mongolia, Uzbekistan and Kazakhstan that helped to project South Korea investment and its foreign economic diplomacy across Inner and Central Asia while significantly expanding Seoul’s ties with … Continue reading →
Incident Two largely unrelated but simultaneous incidents–a renewal of the eurozone debt crisis and a precipitous fall in the valuations on the Chinese stock market–have reawakened fears of global financial instability and reminded that world economy is not out of … Continue reading →
Currency devaluation and banking reforms appear to have set Kazakhstan strongly on the road to recovery. A ministerial shake-up, which appears more rational than President Nursultan Nazarbaev’s usual reorganizations, and higher oil export duties next year, should help to maintain the economy’s strength
Continue reading →Political friction over economic issues between the US and China has faded for the time being, but its sources remain and may reappear at any time. Currency issues have been at the center of relations between the US and China … Continue reading →
The differentiation in Russian policy and politics between the program of President Dmitry Medvedev economic reform vs. Prime Minster Vladimir Putin and his circle is becoming more accentuated. Substance of the Medvedev economic reform proposals The Russian economy and stock … Continue reading →
The South Korean economy continues to show its ability to bounce back rapidly from crisis, this time due mainly to the combined impact of a domestic stimulus and restocking of global inventories. The recovery has been sufficiently strong for central … Continue reading →
Talk of a Putin Medvedev split is no longer only talk, as the economic crisis already pulls the two further apart regardless of their intentions, but any rumor of the conflict producing an open schism is highly premature. In recent weeks, President Dmitry … Continue reading →