In developed nations people tend to discuss the political economy of their countries in the following way. When they think about capitalism, they associate it with economic freedom, and therefore, with higher opportunities to climb the socio-economic ladder.
The pandemic reminds liberals of the difference between limited government and incompetent government, but it should reinforce belief in the superiority of liberal democracy, argues Dr. Tom G. Palmer.
Africa was in a critical stage of implementing the African Continental Free Trade Agreement (AfCFTA) before the pandemic struck.
First of all I would like to remember some historical lines about Georgia. My country is located in Caucasus, neighboring Russia, Turkey, Armenia and Azerbaijan. It is true that this region was historically one of the key points of Silk Road and nowadays it is loosing the opportunity to be a hub between Asia and Europe again.
It took us 75 years to rebuild freedom in some parts of Europe after the totalitarian horrors of World War Two, and less than three weeks to bring it to its knees again.
That the World Health Organisation hasn’t exactly shone in the coronavirus crisis is now well-documented. It should remind us of the dangers of following one centrally-guided approach to tackling the disease.