Celebrating his 60th birthday recently, my father chatted with me about his career and getting his first job. He graduated as an engineer in the 1970s in Austria and faced very different…

Florentin Kerschbaumer |

The conventional wisdom is that low world prices for oil only hurt rich exporting countries, while generating a windfall for poor net importer economies. However, in Central Asia, the story is…

Aurelien Kruse |

Russia’s economic woes continue: the recession deepened in the first half of 2015, severely impacting households, while the economy continued to adjust to the 2014 terms-of-trade shock, which saw…

Birgit Hansl |