Azerbaijan Poised to Accelerate Reforms Following Parliamentary Elections

Azerbijan’s governing party has emerged victorious in a snap parliamentary election called by President Ilham Aliyev to consolidate power and speed up economic reforms by replacing the old guard associated with his father. Candidates from the ruling Yeni Azerbaijan (New Azerbaijan) party won about 65 of 125 seats in the single-chamber parliament. A host of…

Lebanon’s central bank is “a stable point in a country in convulsion”

Leading French economist Nicolas Bouzou, director of the economic research company Asterès, wrote in today’s Les Echos about what the West can learn Lebanon’s current economic situation.  According to Bouzou, we can look at the deterioration in Lebanon to understand what can happen when a country accumulates decades of non-existing or failing public policies. Bouzou also singles out…