Syria’s Economy Devastated by Unrest, Sanctions
The political unrest that has gripped Syria over the past year, and the sanctions that resulted, have had a devastating impact on the country’s economy. Sanctions by the U.S. and the European Union have targeted members of the Syrian government, frozen international banking transactions and halted Syrian oil exports. And the resulting economic decline, which is just beginning to make headlines, has major implications not only for the Syrian government, but also for the Syrian people. Ayesha Sabavala, the Economist Intelligence Unit’s editor and economist for the Middle East and North Africa, explained that as the economy declines, the likelihood [...]
Editor’s note: This is the first of a two-part series on China’s geopolitical interests in the Mekong River Basin. Part I examines the politics and impact of hydroelectric projects on the Mekong River Basin. Part II will examine the security challenges to China’s efforts toward economic integration of the Mekong River Basin. Two decades after the Paris Peace Accord that ended the proxy war in Cambodia, the Mekong Basin has re-emerged as a region of global significance. The rapid infrastructure-led integration of a region some call “Asia’s last frontier” has created tensions between and among China and its five southern [...]
Global Insider: India, Vietnam See New Potential in an Old Friendship
Indian Minister of Commerce, Industry and Textiles Anand Sharma visited Hanoi earlier this month to discuss cooperation in energy, medicine and information technology with Vietnamese Prime Minister Nguyen Tan Dung. In an email interview, David Brewster, a visiting fellow at the Strategic and Defense Studies Center at the Australian National University and the author of “India as an Asia Pacific Power,” discussed India-Vietnam relations. WPR: How extensive are trade and diplomatic ties between Vietnam and India? David Brewster: India and Vietnam have a long-standing political relationship dating back to the 1960s, when India gave rhetorical support to North Vietnam’s fight [...]
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