economic crisis

Mercosur: Crisis-Ridden and Pronounced Dead but Still Alive

South American countries are far too busy with their scandals and crises to be making progress with economic and political integration. And yet those crises could be exactly what gives Mercosur its second wind. The news coming out of Brazil recently is reminiscent of a political thriller. A president deposed under questionable circumstances (Dilma Rousseff) […]

Workers maintain the thermal power station at Takoradi, Ghana

“Lucky if you have power for 12 hours”

We spoke with Rasheed Draman about Ghana’s economic crisis, public discontent with service delivery and why his country will not fall victim to the “resource curse”. BTI Blog: Many observers – including BTI experts – have long considered Ghana a model of successful political and economic reform in sub-Saharan Africa. Now we see a significant […]

A graffiti showing Hugo Chavez

Maduro’s Time is Running Out

Faced with electoral setback and rising popular discontent, Venezuelan President Nicolas Maduro just announced a number of economic reforms. But will these suffice to combat the country’s economic and social crises? In Venezuela’s most recent parliamentary elections on December 6, 2015, Chavismo experienced its first political setback since coming to power 17 years ago. The […]

© Ocean Photography/veer

Progress and Roll-Back of Europeanization

Ten years after their accession to the European Union, Poland is seen as a model of development while Hungary is turning to a populist, in some ways illiberal, nationalism. These diverging trends highlight how fragile attachment to Western orientation and institutions potentially is. The nations of Central-Eastern Europe provide an interesting case study of the […]