The leadership of the International Monetary Fund should be open to any qualified candidate from anywhere in the world and the selection process should be inclusive, transparent, and based on no other considerations than the candidate’s professional merits, experience, and integrity.
Twenty years after Russia cast off its Soviet economic model, its central bank is still struggling to keep inflation under control. To moderate price increases, the central bank must clarify its approach to monetary policy.
A legally binding free-trade agreement could be a key instrument in the EU's efforts to push Ukraine to reform.
Nearly two years after Russia and Turkey signed a series of energy cooperation protocols, the two countries remain unable to reach a breakthrough in their energy relations.
In spite of predicted growth in 2011, the Russian economy faces a number of serious challenges as it recovers from the global financial crisis.
Low fuel prices and a lack of government incentives have hindered energy efficiency improvements in the Russian auto industry, but greening the country's vehicles is a necessary precursor to further economic modernization.
Russia’s economic performance exceeded expectations in 2010, but inflation continues to worry policy makers. While they are attempting to curb rising prices, they are avoiding other necessary reforms for fear of inciting protests as elections approach.
Despite its impressive list of attendees, the World Economic Forum—known simply as “Davos”—is neither as exclusive or conspiratorial as its critics claim nor as world-transforming as its supporters imagine.
Russia’s supply of natural gas could hold the answer to Europe’s energy challenge, but a successful partnership between Russia and Europe will require greater mutual trust.
Russia’s GDP is expected to grow at low rates the next two years and the country's budgetary outlook remains uncertain, while recent riots and violence suggest that the country’s political situation is deteriorating.