economic policy

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) […]

Built Upon Non-Interference: Can ASEAN Economic Integration Succeed?

In April 2018, the Association of Southeast Asian Nations (ASEAN) will host its 32nd summit. The path to economic integration laid down by the foundation of the ASEAN Economic Community (AEC) in 2015 holds the promise of increasing living standards and growth – but it also presents challenges to the group’s policy of non-interference in […]

Russian Presidential Election: To the Victor, Stagnation

Putin will remain Russia’s strong man for another six years. But his muscle-flexing on the international stage is designed to divert attention from the country’s dismal economic outlook. A key feature of democratic elections, according to Polish-American political scientist Adam Przeworski, is their “institutionalized uncertainty”: Anyone can win. There is no question that Russia’s presidential […]

Picture: Cracked EU vs Russia flags. Ukrainian crisis conceptual image. Foto: Bröckelnde Flaggen der EU und Russland.

EU-Russia Sanctions: An Unsteady Deadlock

The European Union and Russia have been locked in an economic struggle over Ukraine for two years. With Donald Trump the next president of the United States, the West’s Russia policy might substantially change – and Europe’s Eastern policy is today more uncertain than ever. In July 2014, following Russia’s unilateral annexation of Crimea and […]

Is Cambodia Becoming the Sick Man of Southeast Asia?

Lack of transparency, accountability and judicial independence as well as widespread corruption seem to be unalterable elements of Cambodia’s development process. Could the reform bottleneck harm the country’s economic prospects and how far will the regime go to stay in power? Sometimes odds and ends are enough to reveal the whole picture. In April 2016, […]

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 […]

A military plane is unloaded in Kathmundu, Nepal on 29 April 2015 delivering UK aid © Sgt Neil Bryden/RAF (CC BY 2.0)

Nepal’s New Prime Minister Faces Herculean Tasks

A military plane is unloaded in Kathmundu, Nepal on 29 April 2015 delivering UK aid © Sgt Neil Bryden/RAF (CC BY 2.0) A new constitution, a virtual embargo by its neighbor India, deadly clashes between police and protesters and the recovery from the earthquakes in April and May 2015. Nepal’s newly elected Prime Minister K.P. […]