Results of the World Bank’s Doing Business 2009 project, claims to present “objective measures of business regulations and their enforcement across 181 economies and selected cities at the sub-national and regional level”, were made public today.
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Over the past year questionable lending practices by major banks and lack of consumer education about credit risk in the United States among “sub-prime” borrowers caused a credit crunch that in turn erupted into a major financial crisis that threatens…

Readers here may not be aware that actually our Armenian CRRC also runs its own blog, to announce and describe CRRC’s events. One of the most recent events was a lecture by the IMF Resident Representative in Armenia, Dr. Nienke Oomes.…
We normally leave political analysis to the many other qualified commentators. However, given current events, it is interesting to see that our Data Initiative shows that ever since 2004 there was a powerful trend of disenchantment in Georgia. Below, see…