Radu Craciun

I recently attended a conference on regional security issues with remarkable international participation. Evidently, the paramount topic in all presentations and debates was the war in Ukraine: what could have prevented it, how it is unfolding, what will be the wins/losses for Ukraine and Russia. And, given the military assessments summarized below, it should come […]

Over the last 6 months, we have heard countless comments about the delicate situation faced by Central Banks, forced to make a rather impossible choice: either to take on inflation, or try bypass recession. This is indeed an impossible choice since a continued increase in interest rates meant to hold back inflation would eventually lead […]

In recent weeks, we have witnessed a large number of debates, unfortunately including people who can not be suspected of malice or deception, which referred to the cowardice of Romania and those who lead it. The labeling was a consequence of the fact that, while most countries in the region took care to constantly make […]

After a long period of “blue sky” when any sign of a dark cloud was removed by the extremely low central bank interest rates and by investors’ frantic exhilaration (irrational, some would venture to say), emerging markets have started to become a serious cause for concern. Firstly, the overall macroeconomic landscape is about to turn […]

Much has already been said and much ink has been spilled about the rushed and poorly planned American pullout from Afghanistan. And rightly so. There is a large consensus that the withdrawal could have been gradual, better organized and more mindful of all those who have supported NATO forces all these 20 years. Unfortunately, though, […]

(R*) Much is being written about the impact that the pandemic is set to have on globalization and about international capital relocation. It refers to a return to regionalization, to the detriment of globalization, a process whereby people who put their money in China first, and in other corners of the developing  world, will bring […]

We are increasingly convinced that we have left the pandemic behind. What was worse is now behind us and returning to normal life is just a matter of time. We are so convinced, that willingness to vaccinate is going down in most countries which until recently had massive vaccination rollouts. Romania is no exception, but […]