The handful of shiny new buildings sprouting out of a barren landscape of dusty steppe and rusting shipping containers is an incongruous sight. One of them, a sparkling tower of marble and glass, is empty aside from a duty-free shop on the ground floor. Next door, a shop sells Russian honey and Chinese ladies’ shoes, […]
Материалы: ‘Press Review’
Is Too Fast Too Furious Turning into Too Risky Too Dubious?
Ekaterina Arapova PhD in Economics, Head of Department of Assessment and Coordination of International and Duel Master’s Degree Programs, MGIMO-University, MFA of Russia Turmoil On August 11–13, 2015, the People’s Bank of China devalued the national currency by 3.5 per cent in a logical move that nevertheless came as an unexpected and unpleasant surprise to […]
Can Japan Reboot?
CAMBRIDGE – Japanese Prime Minister Shinzo Abe’s recent policy decisions – to increase monetary stimulus dramatically, to postpone a consumption-tax increase, and to call a snap election in mid-December – have returned his country to the forefront of an intense policy debate. The problem is simple: How can aging advanced economies revive growth after a […]