European Volatility Makes Economic Development Slower for Ukraine
In the current geostrategic environment, it is impossible to divorce political development from economic development. The prospects for the global economy and, by implication, for individual economies are intricately driven by significantly changing and unpredictable geopolitical trends. The main effect of these developments is a rise in...
Introducing Trumpology
Flynn’s departure complicates the notion of a radical shift of U.S. policy on Russia, but how likely was that anyway? …read more Source: Transitions Online...
Russia: ‘We’re not returning our territory’ Crimea to Ukraine
February 15, 2017 …read more Source: Center on Global...
When the Alarm Sounds, Hunker in the Bunker
Does the revival of bunkermania in Russia and America herald a new Cold War? …read more Source: Transitions Online...
Introducing ‘Explaining Capitalism’, our new competition
Only 32 per cent of Americans under 30 have a positive view of capitalism, compared to 43 per cent who approve of socialism. Barely 30 per cent of Americans born in the 1980s – and about the same proportion of Britons – think it is “essential” to live in a democracy. The British public, meanwhile, overwhelmingly support renationalising the...
How the market is taking on climate change
Of all the things one would expect to unite US Republicans and the Chinese Communist Party, a shared, pro-market approach to addressing climate change might be low down the list. But this year will see the Chinese Communist Party embracing the power of the market by opening the largest emissions trading scheme in the world. It will be used by...
Has Trump been tamed?
Remember the end of the West? That was what many commentators (including me) foretold when Donald Trump won the American presidency in November. Causes for alarm abounded. The candidate’s own heedless and contemptuous remarks about allies and alliances; the exotic and eccentric characters at the top of his campaign; the stench of Russian...
How brands make the economic world go round
Market economies depend very heavily upon trust. As I sit here in this café, I am drinking tea someone made me. I trust that the person that made the tea has not sought to poison me, has not made the water so scalding I will be injured, has used cow’s milk instead of soya. I trust the Bank of England not to have suddenly withdrawn most of...
The Philippines and the economics of murder
After slow-drip revelations last month that several members of the Philippine National Police Anti-Illegal Drugs Group had kidnapped and killed a South Korean businessman in October 2016, a reluctant Philippine President Rodrigo Duterte called off his “war on drugs” at the end of January. It was particularly embarrassing for the government that...
Is it time for an NHS tax?
Major historical moments are rarely caused by a single event. No single explanation for the result of the Brexit referendum tells the whole truth. Like the Scottish independence referendum of 2014, Brexit was a very personal epiphany. Your reasons for voting Leave – or, indeed, Remain – were not necessarily the same as your neighbour’s....
