Tag Archives: IMF

Why Ukraine should not expect financial help from the EU

Parliamentary elections in Ukraine on 26th October indicated that the country is on a Western path. But the euphoria many felt in Kiev after the end of Euromaidan protests may be replaced by hard realisation that not much has changed in Ukraine. The economy is in a dire place and is unlikely to improve any […]

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The Implications of the BRICS New Development Bank

In 2016, the world’s fastest growing economies, Brazil, Russia, India, China, and South Africa, commonly abbreviated as the ‘BRICS’ countries, with South Africa being the latest addition to the group, will set up their own Development Bank. The Development Bank will focus on BRICS infrastructure projects and will serve to support the blocs’ economies. The […]

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