Will today’s market euphoria die from a political heart attack, the excesses of greed and leverage or the cumulative effects of old age?
In most economies, GDP growth is a measure of economic output generated by the performance of the underlying economy. In China, however, Beijing sets annual GDP growth targets it expects to meet. Turning GDP growth into an economic input, rather than an output, radically changes its meaning and interpretation.
Tunisia is a success story, however the economy continues to threaten the country’s progress.
China must force through a deleveraging process to overcome local barriers and restrain its crushing debt.
Russian banking system needs a supervisory authority independent of the central bank. Retail banks should be prohibited from investing in non-liquid assets, while the liquid securities market should be saved for investors
Although governments in the Middle East and Central Asia spend a great deal on the public sector by international standards, they are failing to secure inclusive growth. How can the public sector be modernized in order to trim costs and improve services?
Tunisia was a pioneer in digital currency, but the political will to advance further in the field has diminished.
China’s recent crackdown on migrant workers in Beijing would limit labor mobility, but would also threaten its ability to manage its debt.
A regular survey of experts on matters relating to Middle Eastern and North African politics and security.
As the Belt and Road Initiative moves forward, countries and local communities more directly in the initiative’s path could learn from Latin American countries’ labor practices.