TPQ
Independent and cutting-edge analysis on global affairs

The Road to Economic Recovery in the Region
Vol. 8 No. 2 - Summer 2009

The Road to Economic Recovery on the Region, Summer 2009Saturday, September 5, 2009
In early October, the World Bank and International Monetary Fund will hold their annual meeting in Istanbul. This issue of TPQ explores the impact of the global financial crisis on Turkey and its neighbors to the east and the west. Authors offer...
A New '' Istanbul Consensus'', Summer 2009Saturday, September 5, 2009
This paper looks at the significance of Istanbul as host of the October Governors’ meeting of the World Bank Group. This meeting in part reflects Istanbul’s growing importance as a global financial node but also suggests a shifting...
Concerted Global Action is Needed to Bolster Recovery Efforts, Summer 2009Saturday, September 5, 2009
The World Bank Group is honored to hold our meetings in Istanbul the world’s only metropolis that sits astride two continents, exemplifies rich diversity, and is already a leader in the region and increasingly in the world and we are grateful...
Plan B: The Great Mobilization, Summer 2009Saturday, September 5, 2009
The choice is ours – yours and mine. We can stay with business as usual and preside over an economy that continues to destroy its natural support systems until it destroys itself, or we can adopt Plan B and be the generation that changes...
Interview with Mark Mobius- Economic Forecast, Summer 2009Saturday, September 5, 2009
In this exclusive interview for TPQ, renowned global investor and emerging markets fund manager Mark Mobius shares his perspectives on the impact of the global financial crisis on emerging markets and sectors, with an emphasis on Turkey and...
Neither Home - Nor Dry": Confronting the Economic and Financial Sector Crises in Southeastern Europe, Summer 2009Saturday, September 5, 2009
Comparative precedents to this economic meltdown differ considerably between what was once called “the West” and “the East”. For countries in Western Europe the point of reference most prominently associated with the recent...
Bulgaria's Quest to Meet the Environmental Acquis: A Case Study of the Transformative Power of the EU, Summer 2009Saturday, September 5, 2009
Taking Bulgaria as an example, this article examines how the EU accession process transforms a key policy area – the environmental sector. Starting with a disastrous legacy and very weak institutions ten years ago, Bulgaria’s...
Mobilizing Traditional Afghan Skills and Perceptions to Increase Rural Development and Security, Summer 2009Saturday, September 5, 2009
Afghanistan’s political methods and skills are born out of a perception that almost everyone possesses very limited opportunities and resources, and that perception produces a political culture that one must do whatever it takes to survive....
Impact of the World Crisis on the Economy of the Kyrgyz Republic, Summer 2009Saturday, September 5, 2009
For the first time, risks and threats resulting from the negative impact of the world crisis on the economy of the Kyrgyz Republic (KR) were mentioned in the statement of the KR President in January 2008. Among those mentioned were reducing liquidity...
The Global Financial Crisis: Impact on Armenia, Summer 2009Saturday, September 5, 2009
The Armenian economy had already been hit hard by the Russian Georgian war in August 2008 when the global financial crisis developed. Despite being protected by a strong banking system, the country experienced significant economic downturn. One of...
The Global Economic Crisis and Azerbaijan, Summer 2009Saturday, September 5, 2009
This article explores the impact of the global financial crisis on state policies, household incomes, the business environment and financial institutions of Azerbaijan. Providing an overview of Azerbaijan’s economic basics as a background, the...
Economic Policy in Georgia: Liberalization, Economic Crisis and Changes, Summer 2009Saturday, September 5, 2009
The new Georgian government embarked on a liberal economic policy. Tax laws have been simplified, the variety of licenses and permits has been reduced and procedures were simplified. The country started a massive privatization process and investment...
Armenia and the Tremors of the Crisis, Summer 2009Saturday, September 5, 2009
The article discusses the impact of the global financial crisis on the Armenian economy. It outlines the factors which allowed Armenia to largely surpass the direct impact of the global financial crisis. The slowdown of the Armenian economy was...
Turkey Towards a New Development Path? Global Climate Change and Development Policies, Summer 2009Saturday, September 5, 2009
Development concerns always stand at the heart of international environmental cooperation. Yet sometimes misguided development plans and priorities might hinder future development and create unprecedented environmental challenges. Though some of the...
The Turkish Delight, Summer 2009Saturday, September 5, 2009
Taking into account all legal changes in the mining sector together with the environmental regulations since 1980s, one can say Turkey’s attitude towards the transnational mining business has been favorable. The necessity to abide by the...
Women in Azerbaijan: Democracy versus Energy, Summer 2009Saturday, September 5, 2009
Pointing out that Western economies have a strong interest in the region’s oil and gas resources, this article points out that current developments in Azerbaijan suggest that energy is being bought at the cost of Western principles and values. In...
The Agenda: Regional Developments, Reports and Events in June-August 2009, Summer 2009Saturday, September 5, 2009
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Doing Business 2010 - Turkey Within a Regional Context: A Snapshot, Summer 2009Saturday, September 5, 2009
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Monaco Economic Board
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FROM THE DESK OF THE EDITOR
Foreword Brazil, Russia, India, China, and South Africa, or the BRICS nations, are living proof of how power and influence are constantly changing in the world's politics and economy. Redefining their positions within the global system and laying the groundwork for a multilateral world order that aims to challenge the traditional dominance of Western economies and institutions, the BRICS countries have...
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