Emerging Markets

A long-time acquaintance of mine, Rob, recently pointed out an interesting development—Turkey is eyeing membership in BRICS. Rob’s remark got me thinking about a blog article I wrote more than a…

Governments across the former Soviet Union have felt the impact of currency devaluations, but currency depreciations and related economic problems in Georgia and Moldova are exposing their…

More than year a ago I published article Turkey could join Eurasian Union were I tried to compare economy of Turkey by using GDP and GDP per capita for time period 2000-2012.I found that Turkey might…

Armenia, a small, landlocked country in the South Caucasus, joined the Eurasian Economic Union (EEU) in 2015. The EEU is an economic bloc that includes Russia, Kazakhstan, Belarus, Kyrgyzstan, and…

Last year I red an excellent article pointing out that income level in Estonia could reach level its in Scandinavia in next 10-15 years. Although this article made me smile, I decided to compare - is…

The BRICS countries, which include Brazil, Russia, India, China, and South Africa, are a group of developing economies that are expected to have a significant impact on the world economy in the…

Recently Georgia signed Association Agreement with EU, which includes Free Trade Agreement with the EU as well. Georgian Politicians were so happy, that they rushed to announce some great plans - and…

I spent a lovely afternoon at one of the many parks in Tbilisi on Eristavi street. I was surprised to see that there were many American people living or walking around the area. I had some free time…

Georgia, a small country located in the Caucasus region, has recently signed an Association Agreement with the European Union (EU). The agreement, which was signed on June 27, 2014, aims to deepen…

South Ossetia, a breakaway region of Georgia, has expressed its desire to join the Russian Federation. The region has been de facto independent since a 2008 war between Georgia and Russia, which…