Tag Archives: Corruption
Kicillof Kirchner Argentina

Argentina’s debt restructuring options limited

On June 16th, 2014, the U.S. Supreme Court ruled in favor of NML Capital Ltd (NML) over the Republic of Argentina in a major debt settlement case. The ruling has implications not only for Argentina but also other debt-ridden countries throughout the world. Regardless of how Argentina responds, Prime Minister Christina Fernandez de Kirchner’s options are unattractive. […]

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Moldova elections flag

5 events to watch before Moldova’s 2014 elections

Moldova’s upcoming elections in November present short-term and long-term political risks. Here are five specific events to watch in the coming months. 1. Short-term support for the European Union The situation in Moldova has been one of overwhelming support for accession to the European Union in the wake of the Ukraine crisis. The ruling Liberal Democratic coalition has […]

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India whiskey

India’s domestic whiskey industry difficult to tap

India remains the world’s largest consumer of whiskey, an industry worth about $10 billion. Foreign whiskey brands, however, have struggled to capture the market due to a complicated federal tax structure, high import duties and policies favoring domestic producers. With more than 550 million votes cast in an election that spanned from April 7th to May 12th, India has finally […]

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Maldives Malé

New government in the Maldives gets a shaky start

Despite surprising election results, a fractious political landscape will remain a challenge for the Maldives as the country tackles effects of climate change and growing international attention. Following Abdulla Yameen’s surprising victory over former president Mohammed Nasheed, the Maldives’ political scene remains tense. The Maldives’ Supreme Court just handed the independent election commissioners six month jail sentences […]

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Taksim protests 2013; Source: Alan Hilditch via Wikipedia

Corruption still a major hurdle for Turkey

Recent manifestations of entrenched corruption in Turkey threaten to unsettle investor confidence. The outcome of the Turkish local elections on March 30 left many political observers somewhat uneasy about the prospects for democracy in the foreseeable future. The AKP, riddled by last summer’s massive protests and a corruption probe that would have left the ruling party […]

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Nigeria senate house Abuja

Nigeria tackles its pension problems

Nigeria’s recent pension reform seeks to make significant changes to the current system and signals Nigeria may be a good investment. On April 8, 2014 the Nigerian Senate passed the Pension Reform Act of 2014 which repeals the Reform Act of 2004. Following the vote, the upper house of the Nigerian legislature has asked President […]

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student protests Chile

Latin American countries see rising public discontent

In most Latin American countries, people are taking to the streets to protest against their governments for a variety of issues. If public services and governance indicators do not improve, the demonstrations could take a violent turn and impede economic growth. Since late January 2014, Venezuela has held the spotlight in Latin America. Fast forward […]

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Chennai metro

Tamil Nadu awaits economic boost from investment

The southern state of Tamil Nadu, traditionally one of India’s strongest economic performers, had a trying year in 2013. New infrastructure projects and greater government transparency could generate significant economic growth across the state. A leading region for industry, manufacturing, health care and IT software development, the southern Indian state of Tamil Nadu was only […]

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Bouteflika, Algeria

Will upcoming election affect Algeria’s economic reforms?

The Algerian government has promised economic reform ahead of Abdelaziz Bouteflika’s fourth run for the presidency on April 17. Few doubt that Bouteflika will win the election, but what will that mean for the Algerian economy? Former prime minister and Abdelaziz Boutefilka’s campaign chief, Abdelmalek Sellal, promised the Algerian business community that the president would fight “the dictatorship […]

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Foreign investment in Equatorial Guinea resilient despite corruption

Equatorial Guinea has rich energy reserves, and despite corruption and political instability foreign investment has continued. Proposed plans to diversify the economy could create new investment opportunities. A recent indictment of the president’s eldest son on money laundering charges brings renewed focus to Equatorial Guinea. Despite political repression and a lack of judicial independence, investors still seem to be […]

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