The World Economic Forum announced its selection of Global Growth Companies (GGCs) regional finalists for East Asia. As regional finalists, the six companies have been given the opportunity to join the larger GGC community at the World Economic Forum on East Asia, taking place in Jakarta, Indonesia.
Globalization’s most important aspect is the economic one. This goes hand in hand with the gradual economization of modern life. The ideological faith in progress enshrined in the Enlightenment, together with the Industrial Revolution and subsequent liberal economic understandings, have reached their apogee in the neo-liberal globalization of the 20th and 21st centuries.
It's an almost long forgotten historical fact that most trade was undertaken by local based currencies right upto the 20th Century. Australia had a number of colonial currencies before federation in 1901. The United States of America had a number of currencies issued by private banks before the Federal Reserve Bank was formed in 1913, and individual states of the European Union had their own national currencies before the mega-currency, the Euro was launched in 1999.
Russia's proposal to create an inter-parliamentary group in a joint effort to protect the economic and political interests, influence politics at the global arena and as an important strategic tool for promoting development among BRICS (Brazil, Russia, India, China and South Africa) member states has sparked discussions while others are watching bloc's new directions with interest.
The paper highlights the similarities and differences in the development paths of the four so called Visegrad countries (Poland, Hungary, Czech Republic, Slovakia, leaving countries like Slovenia, Croatia out) focussing on the economic policies of the period of 2004-2014, representing the first decade of their EU-membership, providing insight in their economic policy decisions.
Europe’s Southern and Eastern neighborhoods have changed considerably during the past few years and the key words describing the regional security environment are fluidity, instability and unpredictability.
The "new Turkey" of the president Erdogan
The past year can arguably be considered a turning point in the political history of Turkey. In August, the president Recep Tayyp Erdogan has been elected president of the Republic, after serving three terms as prime minister, the first directly elected by Turkish citizens.
Announced in March, the early presidential election in Kazakhstan has become a debate about the results reached during the past years, the actual problems and the future challenges. The advanced poll was proposed by institutional officials in order to permit President Nazarbayev to lead the country again in the next future.