The GCC nations’ natural resources lie at the heart of their continued recovery, writes Joseph Trevisani.
Public Finance
Public-private partnership efforts to combat climate change should advance despite the Copenhagen summit’s outcome. But private-sector companies may need convincing, writes Henry E. Teitelbaum.
Investors have leapt to buy emerging market sovereign debt. Will it last? By Tim Burke.
After five years of treating foreign investment with growing arrogance, the newly-impoverished Russian government is putting on its best smile to try to attract long-term capital into the country. Will it succeed? Julian Evans reports.
Latvia was one of the countries hardest hit by the global crisis. Now there are concerns about the knock-on effect a devaluation of its currency would have on neighbouring economies. Eva-Luise Schwarz reports.
Crisis? What crisis? Oh, that crisis. The drama surrounding Dubia’s debt made for a remarkable end to the year. Tim Burke reports.
The once crisis-prone Turkish economy is in relatively good health, compared to its CEE neighbours. An IMF package would help, but the government is in no rush, reports Eva-Luise Schwarz.
Egypt’s reformist government is grappling with the dilemma of fighting inflation while cutting a growing deficit. However, in the capital markets, Egyptian companies are expanding and becoming MENA regional champions. Julian Evans reports from Cairo.
Boosted by a wave of reforms and foreign investment, Turkish banks are confident that they can weather the current climate of slowing growth and rising interest rates and resume their rapid growth. Of course, there will be winners and losers. And privatisation is still to come, writes Bernard Kennedy in Ankara.
Positive reasons for investing in Turkish sovereign debt are becoming more difficult to find these days. However, yields are on the increase and years of fiscal discipline have greatly reduced the risk of default, writes Bernard Kennedy.
It caused a certain amount of surprise in financial circles when Lado Gurgenidze was made prime minister of Georgia in November 2007. Julian Evans caught up with him recently in Tallinn, Estonia.
As Egypt's government faces food riots and discontent on the street, foreign investors keep on coming.