Economies in Flux: Ukraine, Thailand and Venezuela

The Trade Alliance will be hosting a program later this month to explore the recent tensions in Thailand, Ukraine, and Venezuela, discussing both the political contexts and economic implications involved.

 

Ukraine emerged as an unexpected flashpoint of geopolitical struggle earlier this year.  As Ukraine’s new government tries to restore order, it faces the challenge of governing a country where instability is the norm, not the exception.

 

Thailand continues to face protests against Prime Minister Yingluck Shiniwatra, ignited by a failed amnesty bill that would have allowed former leader Thaksin Shinawatra to return to politics. The protests reflect deep divisions within the country between mainly rural areas that support the government and the middle-class championing change. How is Thailand’s political reality impacting the economy, until recently one of the fastest-growing economies in Asia?

 

Over a decade ago, strikes rocked Venezuela’s oil industry. Since then, the government has done much to increase standards of living. According to the World Bank, poverty in Venezuela shrank by over 20% in 2012, the largest decline of any country in Latin America. Yet Venezuela now faces economic decline and protests against President Nicolas Maduro, the successor of Hugo Chavez.

 

We are fortunate to have three experts join us for this program to offer their key insights and experience: Scott Radnitz, Director of the Ellison Center for Russian, East European and Central Asian Studies at the Jackson School for International Studies; Ambassador Darryl Johnson, former United States Ambassador to Thailand; and Susana Gonzales-Murillo, Vice President and Country Manager for Latin America/Canada/Spain/Portugal at US Bank.

 

We hope you will join us and gain insight from hearing what the experts have to say about these important conflicts.

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