Tinubu’s MILD Exchange-Rate Reform Restores Stability but Not Living Standards

Tinubu implemented a comprehensive exchange-rate liberalisation that previous administrations had avoided, restoring macroeconomic credibility but failing to improve living standards. Tinubu's float rebuilt reserves and eased inflation; however, the transition…

Continue ReadingTinubu’s MILD Exchange-Rate Reform Restores Stability but Not Living Standards

Tokayev’s BLAZING New Constitution for Kazakhstan

Tokayev has replaced Kazakhstan’s 1995 Constitution with a new political order presented as an effort to modernise the country and foster stability. The new Constitution strengthens Tokayev's control over key state institutions and consolidates his political position. The reforms mark a decisive shift away from the political era of Tokayev’s predecessor, Nazarbayev.

Continue ReadingTokayev’s BLAZING New Constitution for Kazakhstan