2019 Global Outlook: India turns inward
Ahead of parliamentary elections this spring, Prime Minister Narendra Modi has reinvented himself. Putting aside earlier economic reforms, his talk is mostly about social welfare. While the Indian leader focuses on wooing small-town voters, his government has put most foreign policy initiatives on hold. Whether Mr. Modi’s ruling BJP wins or loses, India may be due for a period of weaker government.
Vocational lessons from Germany and France
Germany is praised as a model of vocational training, with youth unemployment of just over 6 percent. France, where 22 percent of young people don’t have jobs, has long known that its own vocational education system needs fixing. A comparison of how these two great European economies prepare pupils to become future employees may provide a useful guide for other countries.
Ukraine’s revolution nears a test
This may have been independent Ukraine’s last calm summer for a while. There will soon be a reckoning with what succeeded and what did not after the revolution of 2013-2014, during which the eyes of the world were on Kiev. Ukrainians will elect a president early next year, with parliamentary elections to follow in the fall. There are plentiful indications that their verdict on the post-Maidan political elites will be harsh.
GIS Dossier: Europe as a global player – the Middle East and North Africa
Europe’s influence as a great power is nowhere more apparent than in the attraction it exerts on the poorer countries to its south – in the Middle East and Northern Africa. This is the region where European Union member states, often without U.S. support, have deployed their full foreign-policy arsenal, from diplomacy and military intervention to financial aid and investment, with mixed success. Yet as migration and terror show, problems the EU fails to address “out there” tend to wind up on its doorstep.
Opinion: Dilemmas of development aid
Like other areas of public policy, development aid has had its recurrent fads. The pendulum has swung from socialist-style big-push schemes to pro-market reforms and their latest iteration, results-based aid. This micro-oriented approach has recently come under attack for neglecting the wider “macro” environment of states and institutions. Decades after the flaws of the traditional aid model were exposed, economists are still casting about for a better alternative.
Algeria’s ‘system’ hangs tough
Algeria seems headed down a road already taken by other resource-rich authoritarian countries like Venezuela. Low oil and gas prices have made it harder for a crony oligarchy to buy off the public with subsidies and benefits. Their latest expedient to stave off reforms is to use the central bank to fund a government stimulus program, but that only delays the day of reckoning.
Russia breaks its social contract
In two decades of rule, Russian President Vladimir Putin has ensured stability by offering Russians an implicit social contract – a modest but secure social safety net in exchange for carte blanche in politics. Now, the country’s deepening financial and demographic crisis has put an end to this, forcing the government to make plans for increasing taxes and raising the retirement age by as much as eight years. No matter how cleverly handled, these austerity measures could trigger a serious backlash.
Armenia’s velvet revolution poses long-term risks
On the surface, the overthrow of Armenia’s longtime ruler Serzh Sargsyan poses no threat to Russia’s geopolitical position in the South Caucasus. Opposition leader Nikol Pashinyan, elevated to the premiership by popular revolt, keeps stressing his exclusively domestic agenda and desire for close ties with Russia. But the long run, reforms that tackle corruption among the local political and business elites work against Moscow’s interests.
What Lukashenko learned from Crimea
Belarusian President Aleksander Lukashenko is still coming to terms with what Russia’s intervention in Ukraine means for his own autocratic rule. Recent events in Armenia show that his overthrow might not occur on the back of Russian tanks, but via a hybridized “color” revolution capitalizing on social discontent. Lukashenko has responded by cozying up to the EU and easing pressure on the opposition at home, but it may not be enough to save him.
Egypt: Proud and jittery as El-Sisi begins second term
With the Middle East in turmoil, the Arab world’s most populous nation and its biggest army are nowhere to be found. Egyptian President Abdel-Fattah El-Sisi believes the path to national greatness begins at home, with economic development – not foreign entanglements. But as trouble builds up in Egypt’s immediate neighborhood, Mr. El-Sisi may not be able to stay out.