Latvia: Economic miracle or mangled economy?

Subsequent to the global financial crises of 2007, while several countries were still struggling with economic problems, Latvia managed to dramatically decrease its public debt, and its GDP too grew at an impressive pace. How was this success achieved and at what cost to the people of the country?

Courtesy: Afghanistan Goverment/WikimediaCommons

27 January 2012

China’s global proxy game

BY Madhav Das Nalapat

Afghanistan has become the first significant theatre of effective confrontation between the West and China. But with its deep-rooted economic ties, could the U.S. and NATO actually confront China?