Economics

The creation of a BRICS currency has become throughout the past year one of the headline themes related not only to BRICS, but also the global financial markets. Along with the skepticism coming from most of the pundits from the developed world there is also an enormous number …

Mohammad Imad Samuel P Huntington, in his book, “Clash of Civilizations”, explained that the “culture and cultural identities” would be shaping up the cohesion and conflict in the post-cold War period. Fast forward to the 21st century, we are witnessing many structural and ideological changes in the international …

Nadia Helmi Perhaps it was a painful and shocking surprise in the first place for the members of the banned terrorist Muslim Brotherhood group in Egypt and the region and its entanglements around the world, by declaring myself for the first time globally that I was the closest …

Andrey Kadmestov The recession in the Eurozone continues for the second quarter in a row now. Even though the decline in terms of economic dynamics remains small – just about 0.1 percent of GDP, realistically-minded experts believe this is the beginning of hard times waiting ahead. With foreign …

Axel Trostenberg This year China’s economy is expected to recover, fueled primarily by a rebound in domestic demand. These improved near-term prospects offer an important opportunity for policymakers to refocus their efforts on achieving the country’s three long-term development objectives: to become a high-income country by 2035 through …

Fayeq Hijazin The audit report on the performance of the national economy under the Extended Fund Facility (EFF) highlights positive outcomes both in terms of the program’s indicators and the external challenges faced by the Jordanian economy amidst global economic uncertainties. Maintaining macroeconomic stability in the face of …

Mara Warwick  Mara Warwick, now the World Bank country director for China, was the World Bank’s Wenchuan Earthquake Recovery Project (2009-2014) after the devastating Wenchuan earthquake in Sichuan province in 2008 that claimed more than 69,000 lives and affected many parts of China. She also served as a …

Renata Thiebaut The European Commission recently released Gigabit Infrastructure Act Proposal (GIA) draft has stirred up controversy regarding the involvement of the Big Six technology companies in co-funding Europe’s advanced network expansions. The draft, should it be approved by the European Parliament and Council, will replace the 2014 …

Eng. Saleem Al Batayneh Renowned American political scientist Gabriel A. Almond (1911-2002) recognized the transformative power of change within a political system. By redistributing power and influence within the state, comprehensive changes at the structural level can be realized. However, privileged groups and oligarchies often hinder such changes. …