27 Ноября 2024
Новости
Eurozone unemployment rate at 10%
Unemployment in the eurozone hit 10% in December for the first time since the single currency was introduced, figures show.
Новости
'Worst year for airlines' in 2009
The year 2009 saw the biggest decline in air passenger traffic in the post-war era, says airline industry body Iata.
Новости
IMF upbeat on world economy
The International Monetary Fund raises its projection for how much the global economy will grow in 2010.
Новости
UK economy out of recession
The UK economy leaves recession, after figures show the economy grew by 0.1% in the last three months of 2009.
Новости
Barclays bank to 'defer bonuses'
Barclays Bank is to defer paying bonuses earned this year to its directors and senior staff for up to three years.
Новости
Bank stocks drop on Obama plans
European banking shares drop following President Barack Obama's plans to curb the activities of big US banks.
Публикации
GEORGIA AND THE SYSTEMIC IMPACT OF THE FINANCIAL CRISIS
 (139 Kb)
This paper analyses the potential effects that the systemic developments stemming from the global financial crisis and the August war are likely to have in Georgia, within a context of hegemonic stability theoretical fundamentals. According to this perspective, both events have undermined the role of the US as the sole world hegemon. As a result, the Western strategic priorities toward the Caucasus are likely to shift, to the detriment of the special relationship between the Saakashvili administration and the US. To demonstrate this, the analysis will focus on the case study provided by energy- and transit-related Foreign Direct Investment (FDI), as the Georgian political and economic dependence on a geopolitical rent is strongly connected to them and is likely to disappear in the aftermath of the recent events.
Публикации
Russia in the global economic storm
(72 Kb)
Russia has been badly affected by the economic crisis, because in the boom years - when it was able to rely on oil and gas exports - it had not diversified its economic base or introduced any major structural economic reforms, speakers agreed at an EPC Policy Dialogue organised with the Calouste Gulbenkian Foundation and with World Bank support. They hoped the crisis would spur Moscow to introduce reforms, particularly to modernise the banking sector, public administration and governance structures.
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