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Economics International

3 reasons economists keep forecasting growth wrong

The Fed and IMF again downgraded US growth projections, as they have done repeatedly for the last five years. When the Federal Reserve and the IMF downgraded their forecasts for

Middle East/North Africa Politics

4 challenges facing Egypt’s new president Sisi

Egypt’s newly elected President, Abdel Fattah al-Sisi, inherits a nation embattled by years of turmoil and instability. A bleak economic situation and continued crackdown on opposition and militant attacks are

Economics Europe

Despite setbacks, Serbia sees increased entrepreneurship

As Serbia recovers from devastating floods in May, Belgrade has a flourishing network of young entrepreneurs taking hold. This could provide many lucrative opportunities as the country prepares to join the

Economics North America

US Decline Series: Financial sector health makes US a sound investment

The US regulatory response to the crisis has resulted in a stronger market and equipped the US to deal with future crises. This GRI series challenges the myth of the American

Finance International

US Decline Series: Are the dollar’s days as reserve currency numbered?

Despite speculation that the days of the US dollar as the world’s reserve currency will soon be over, a number of factors make such a changing of the guard unlikely. This

Economics South and Central Asia

Is Myanmar a new El Dorado for foreign investors?

Myanmar (formerly known as Burma) moved from a 50-year-long military regime to budding civilian rule in 2011. The political transformation has initiated social and market reforms and has piqued foreign investors’ interest in

Economics South and Central Asia

Russia faces expanding regional debt crisis

Recent data released by Russia’s Court of Accounts indicates that the country’s regional governments are facing crisis situations with regional debts. In the past year, the level of total regional

Economics Europe

IMF oks Ukraine support plan, but risks could derail it

The $17 billion package will support fiscal adjustment and increased competitiveness. But the threat of losing control of Eastern Ukraine and risks in implementation make stability far from certain. The

Finance North America

“Too Big to Fail” banks enjoy lower funding costs despite stronger regulations

Implicit subsidies for large systemic banks has come down since the crisis but it is still higher than before, reflecting an ongoing perception of government support for the largest banks. While

Economics Sub-Saharan Africa

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