Russia, Ukraine and Belarus lie geographically and geo-economically between the Atlantic core states and the Far East. They are attracted in two directions – by the capital rich Atlantic core, which seeks new locations for investment and by East Asia which wants these countries’ energy supplies, primary and semi processed goods. Thus it is understandable...Read More

Three years into this epochal crisis and still not much light at the end of the tunnel. The “advanced economies” of the Western world have imploded. The celebrated concept that market forces would balance things out, the “efficient markets hypothesis”, is no longer working and proved to be unsound. Same for the other pillar of most...Read More

The emerging Pacific Asian economies are clearly not immune to the current international financial crisis. All the major economies remain heavily dependent on Foreign Direct Investment (FDI) and export earnings, particularly from the USA. The vulnerability of the Pacific Asia economies is reflected in the behaviour of the regional stock markets, the sharp declines in...Read More