The Fall of the Berlin Wall and the end of Communism in Europe was probably inevitable, given the inability of the Communist system to compete economically with the West. We now hear that communism was ‘unsustainable’ and I largely agree, but at the same time I don’t think it was inevitable that the Berlin Wall [Read more...]
Moldova is in the midst of yet another political crisis. By this, I actually mean that the country has entered a new phase of a pre-existing crisis – a crisis that yields valuable lessons on the broader significance of political institutions to a country’s risk profile. Fortunately, this new scene in the ongoing drama has [Read more...]
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