Tag "IMF"
Nigeria becomes Africa’s largest economy after GDP revision
Nigeria has begun using a new base year for its GDP calculations and has added new sectors to the economy. The change in calculation has nearly doubled its GDP estimate for
Part II of IV: Why economics, not politics, should steer energy subsidies
The first part in this series examined why energy subsidies still widely exist, despite a growing consensus arguing for their removal. This section will look at their economic cost and
Book Review: Great Games, Local Rules
In his recently published book Great Games, Local Rules: The New Great Power Contest in Central Asia, Alexander Cooley offers a penetrating analysis of the geopolitical maneuvering and strategies pursued
The Repsol settlement – a path forward for Argentina?
Argentina has finally negotiated an end to one of Latin America’s most turbulent investment conflicts, opening the door to further development of the country’s newly-discovered energy resources. But there are
IMF pushes for Ukraine reforms as part of aid package
In response to the recent turmoil in Ukraine, the IMF is working to extend financial assistance but will likely ask for reforms in the public, business and energy sectors. The
Why Stan Fischer’s next job matters to global finance
The US Federal Reserve is getting a new face: Stan Fischer will likely become the body’s new vice chairman. All eyes are on where he stands on the Fed’s increasingly regulatory
Pakistan seeks to privatize state-owned companies
Pakistan has begun work to privatize many of its state-owned industries, both to raise revenue and to secure loans from the IMF. Although opposition exists domestically, the government hopes privatization
Growth in Myanmar undermined by rising inflation
McKinsey estimates that Myanmar’s GDP could quadruple in size to over $200 billion in the next 20 years. But inflation may derail the prospect of growth and progress. Myanmar’s political
Is Greece politically ready for a return to the markets?
The Greek government claims a return to the markets in the second half of 2014, while the country’s European partners argue for the potential necessity of a third bailout. The
Norway’s falling housing prices threaten growth
Negative prognoses based on falling housing prices may not, in fact, spell disaster for the Norway’s economy. Yet, dependency on oil is a continuous policy problem that the new government
