reforms
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New Opportunities 2021: India plans reforms shielded by robust economic growth
India will rely on targeted supply-side spending to help resurrect the country’s Covid-battered growth. Narendra Modi’s government also hopes to implement critical but long-delayed structural reforms that could become possible if economic recovery is as strong as expected. The plan hinges on a stretch goal: exceeding 14 percent nominal GDP growth rate in the upcoming fiscal year.
Opinion: Democracy alive and well in the steppes
In June, Mongolia held parliamentary elections that were widely recognized as free and fair. The country has managed eight such polls in a row, a unique achievement in its region. Nevertheless, it is clear that reforms are still necessary. Recent constitutional amendments should support that effort. For now, it is ...
Armenia’s velvet revolution wears thin
Two years ago, a citizens’ movement led to the ouster of Armenia’s president sparking hopes for sturdier democratic institutions and even a turn toward the West. The new leadership, however, has thrown cold water on those aspirations, taking an ever-more authoritarian path and maintaining the country’s heavy dependence on Moscow.
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 ...
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