Vietnam – Courting China

When the governing CPV held its 12th five-year National Congress in January 2016, the ruling party affirmed its commitment to pursuing closer relations with the US, which figured centrally in the government’s economic development strategy and the protection of Vietnam’s interests in the face of Read Entire Entry

Did You Know…

IMF researchers used ICRG’s composite risk scores as the main proxy for overall country risk, finding that countries participating in IMF-supported lending programs are significantly less likely to experience a future banking crisis than non-borrowing countries, and that compliance with Read Entire Entry

Sri Lanka – Political Instability Threatens Success of IMF Program

The risk of succumbing to a balance-of-payments crisis was effectively diminished by securing a three-year extended fund facility (EFF) worth $1.45 billion from the IMF in June.  In the first review, which was concluded in early November, the IMF judged the initial steps taken by the government to Read Entire Entry

New Zealand – Government on a Steady Course

On December 5, two days after a by-election in which the main opposition Labour Party retained its seat in Mount Roskill constituency, Prime Minister John Key made the shock announcement that intended to resign as prime minister and leader of the National Party on December 12. The decision seemed Read Entire Entry