economy

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 […]

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 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. […]

Two freighters are preparing to transit the Panama Canal starting at Gatun Locks on the Atlantic side © Matthew Ragen/veer

Does Climate Change Threaten the Future of the Panama Canal?

Panama’s economic prospects are bright. Yet global warming may endanger one of the country’s main sources of revenue and growth – the Panama Canal. It’s essential to build resilience around one of the world’s most important waterways. Panama has made itself into a financial hub in the Americas. Over the past five years, its economy […]

Iași, Romania © dundanim/veer

How to Protect Energy Consumers in Romania

To implement a functioning single European market in the energy sector, it is essential to empower consumers. But many countries in Europe lack the right institutional framework for this. A glance at Romania. As far as the energy sector is concerned, the single European market is at risk of failure because, among others, consumers are […]

Rubble-strewn streets of Chautara in central Nepal May 2015 © IOM 2015 via Flickr (CC BY-NC-ND 2.0)

Nepal’s Mammoth Tasks after the Earthquake

The recent earthquake has dealt a serious blow to Nepal’s fragile economy and development. What priorities must the government set in order to revitalize the country and prepare it better for future catastrophes? The world has watched helplessly in April and May as heart-wrenching images stream in from Nepal. An estimated 8,500 people were killed […]

Construction workers along the Nile river in Luxor, Egypt © Dominic Chavez/World Bank (CC BY-NC-ND 2.0)

How to Overcome Authoritarianism in the Arab Economy

Getting rid of autocracy in the Middle East and North Africa is not just a challenge for politics. The economic sector too suffers under the stranglehold of the “nanny-state”. How to overcome it, depends very much on where you start from. From his own experience in office almost a year after the overthrow of the […]

Afghan parliament, March 2014 © Fardin waezi / UNAMA (CC BY-NC 2.0)

Afghanistan’s Future is Hanging by a Thread

Last year’s presidential elections were a huge achievement for Afghanistan’s infant democracy. Yet, will President Ashraf Ghani’s national unity government be able to face the challenges posed by US troop exit, Taliban peace talks, and the Afghan economy? A lot was at stake for Afghanistan during President Ashraf Ghani’s first official trip to the United […]

Construction works in Ethiopia © Simon Davis/Department for International Development (CC BY 2.0)

Is Geothermal Power the Answer to Indonesia’s Energy Demand?

Indonesia has the largest geothermal reserves in the world. Yet, the government’s failure to manage its natural resources effectively and reform its regulatory environment remains an obstacle to fully tap into the country’s renewable energy wealth. The 17,500-island archipelago of Indonesia is home to about 260 million people, making it the 4th most populous country on […]

Water-cooling towers © stockphotos/veer

The Conflict between Demands for Two Resources

How can transition countries best identify synergies and quantify tradeoffs between energy development plans and water use? A World Bank initiative tries to give some answers. Competition for water resources is on the rise in many regions on earth, as supplies become more variable in the wake of climate change and increased demand across diminished […]

Police escort in Karachi © Colin Cookman/Flickr (CC BY-NC-SA 2.0)

Pakistan’s Violent Economy

Contrary to Western perception it’s not Islamic violence but economic misery that matters most to people in Pakistan. Yet, few believe that the government will soon put the country on a path of progress. I had only five days to shoot in Karachi for the “Secrets of Transformation” series, a joint project of Deutsche Welle […]

© SERGEY NVENS / fotolia.com

The Art of Comparing Economic Growth

Turkey’s government argues that the economy has grown threefold during the past ten years. Are these numbers misleading the voters for the purpose of self-promotion? Comparison is an art. Just as statistics is the art of lying, comparison is the art of demoralizing. Theodore Roosevelt, often seen as one of the best U.S. presidents, once […]