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Ukraine moves to liberalize its farmland market
Ukraine’s potential as a major international player in agricultural production was held back for nearly 20 years by a ban on land sales. The restrictions have been relaxed by parliament, in large part due to pressures from the West. A gradual market liberalization is now planned. The country’s economic future and social development will depend on how it implements this reform.
Loose monetary policy could be on its way out
In March, the United States Federal Reserve kept its main interest rate on hold, while the European Central Bank cut its main interest rate to zero. The moves confirmed what investors already knew: the American and European economies still have plenty of weaknesses. But despite appearances, the Fed and the ...
Euro crisis: time for a rerun?
After Greece obtained its third bailout last summer, Europe turned its attention to other crises. But it would be naive to conclude that the sovereign debt crisis is over. The Greek drama is still far from a happy ending; in Portugal and Spain, fragile left-wing governments may want to abandon ...
Politics and oil bring uncertainty to Uganda’s future
After three decades in power, President Yoweri Museveni of Uganda won a fifth consecutive term in February 2016. Uganda has seen significant development under his rule, but the irregularities that accompanied his election have added fuel to political tensions. Whether Ugandan politics follows a path of stability or instability may ...
Chinese consumer market’s rising tide cannot be turned back
Can China develop a coherent, vibrant internal market and break its dependency on large state-owned industries? The country has made substantial progress over the last 20 years, says GIS Guest Expert Professor James Woudhuysen, and despite current concerns about the stability of its economy, there are good reasons to believe ...
