2013

Regional Focus: The Levant

WHEN WILL A NEW SUN RISE? By Justin Keay The Levant region is plagued with political instability and unrest. But there are pockets of economic strength and inklings of long-term development. According to the Collins English Dictionary, the word Levant ...

Country Report: Turkey

THE COST OF INSTABILITY   By Justin Keay   The full effects of recent upheavals and unrest in Turkey have not yet been felt, and policymakers have some serious work ahead to bring markets back in order and reassure investors ...

Sector Report: Agribusiness

NURTURING GLOBAL BREADBASKETS   By Justin Keay   It is time to address developmental roadblocks globally if the world’s food supplies are to meet demand over the next 40 years.   There is probably no industry where the basic laws ...

Country Report: Lebanon

DRAGGING A GEOPOLITICAL ANCHOR   By Justin Keay   There were few bright spots for Lebanon over the past year. However, the banking and real estate sectors showed encouraging signs, and a recovery has begun.   Despite their traditional stoicism, ...

Regional Focus Caucasus

BEYOND OLD BOUNDARIES   By Justin Keay   Oil wealth, a favorable location and buoyant economic growth have thrust Azerbaijan, Armenia and Georgia onto the international stage. However, regional conflicts, political tensions and corruption are never far away.   “The ...

Country Report: Kuwait

SURMOUNTING THE STATUS QUO   By Justin Keay   Despite its wealth and strong banking sector, Kuwait is being held back by its failure to invest internally and diversify away from oil.   The demonstrations that preceded—and followed—Kuwait’s parliamentary elections ...

Europe And UK Relations Hit Low Tide

MILESTONES: UK/EU   By Justin Keay   UK and EU relations have always been tense, but their relationship has deteriorated dramatically in recent months.     While headlines have focused on noisy arguments over support for struggling eurozone members or ...

2012

Country Report: Lebanon

AGAINST ALL ODDS   By Justin Keay   Mid-20th-century tourists flocked to Lebanon, the Switzerland of the East. War and instability long ago changed that. Now, with the Syrian conflict spilling over its borders, the country faces yet another round ...

Sector Report: Agribusiness Take Off

A BUMPER YIELD   By Justin Keay   Agribusiness is increasingly being viewed as a dynamic area to invest in. But as global demand for food supplies and land increases, can banks, often criticized for their short-term outlook, meet the ...

Country Report: Russia

BATTLING THE STATUS QUO   By Justin Keay   Although the government has pledged to improve the business clime, foreign investors remain skeptical that much-needed reform will happen—at least in the short term.   Russia is in a state of ...

Country Report: Kuwait

LONG-TERM VISION   By Justin Keay   Kuwait’s development in recent years has been driven by the state, with little FDI. However, upcoming elections promise a new government that could improve the business climate for foreign investors.   When protesters ...

2011

Country Report: Lebanon

WAIT AND SEE   By Justin Keay   Lebanon has tumbled from its economic boom in 2010. Investors are holding back to see how the new government fares. So far, its reform progress is less than impressive. But with the ...

Country Report: Turkey

RIDING THE WAVE   By Justin Keay   Turkey’s economy has performed quite well, but reform is needed at home to build sustainable growth.   Early August saw unprecedented turbulence on global financial markets, and Turkey’s was no exception. On ...

Early Days

COUNTRY REPORT: EGYPT   By Justin Keay   Egypt is still in the very early stages of transition, but if it can establish political stability, its economy should grow strongly over the coming years.   If confidence really is the ...

Country Report: Turkey

Enjoying The Good Times   By Justin Keay     Turkey is enjoying unprecedented economic stability and growth. Its biggest challenge is to maintain its balance.     These days in most developed economies, the release of GDP figures is ...

Britain’s Big Gamble

FOCUS: UK RECOVERY STRATEGY   By Justin Keay   The UK government’s savage spending cuts and deep austerity measures have been touted as a model recovery strategy for stumbling Western economies. Faltering growth is raising questions over the strategy’s validity. ...

Regional Report: The Caucasus

  COMPETITION IN THE CAUCASUS: THREE'S COMPANY   By Justin Keay   Armenia, Azerbaijan and Georgia are competing to attract foreign investment. With much of Central and Eastern Europe still mired in a post recession slump, the Caucasian trio may ...

Southern Sudan: World’s Newest Nation

NEWSMAKERS: SOUTHERN SUDAN   By Justin Keay   Sudan, the largest country in Africa and the Arab World—and the tenth largest in the world—is about to get a good deal smaller.   Bold move: Voters decide Southern Sudan's future Preliminary ...

Country Report: Libya

LIBYA: OPENING UP   By Justin Keay   As its economy slowly becomes more open, Libya is attracting the attention of a wider range of potential investors than just adventurous oil companies.   In the old days of the Soviet ...

2010