Anticipated Post-Crisis Momentum Could Reposition Emerging Markets – States Retooling to Utilize New Geo-Economic Instruments such as SWFs

Dr. Alexander Mirtchev discussed strategies used by emerging markets to counter the global crisis and position themselves for recovery. One key strategy is the retooling of their economic arsenals, in particular sovereign wealth funds. Mirtchev believes that the crisis is going to lead governments toward re-tasking SWFs to abandon previous vectors of investments and move …

Anticipated Post-Crisis Momentum Could Reposition Emerging Markets – States Retooling to Utilize New Geo-Economic Instruments such as SWFs Read More »

The Varied Approaches to Tackle the Crisis Converging Around Government Intervention will Create Different Paths to a Patchy and Uneven Recovery

Dr. Alexander Mirtchev reviews and compares the crisis-management measures adopted by economies worldwide, as well as the different strategies and specific actions undertaken by a number of developed countries – the US, the UK and other EU economies, as well as certain emerging markets. He asserts that the developed countries’ “recovery strategy of choice” is …

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The “Glamour” Investments Party is Over – SWFs to Reconsider Core and Non-core Assets and Restructure Portfolios

Dr. Alexander Mirtchev, President of Krull Corp and a sovereign wealth fund independent director, believes that most of the sovereign wealth funds that gained prominence in the last 5 years will probably need to retool in order to face the challenges that arise out of the global economic and financial crisis. He expects them to …

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Supply-side Recovery Strategies – National Approaches and Mechanisms Shifting Focus onto Productivity

Billed a year ago as saviours of Western capitalism, sovereign wealth funds now look as vulnerable to the credit crunch as anyone else and are witnessing a rapid downgrade to their growth outlook. …. “They are going to face severe restrictions on their operations. They’re going to stop the trend towards … glamour investment and …

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Foreign Exchange Volatility a Concern but “Old-Fashioned Currency Control” Not the Answer

The global economic and financial crisis has struck emerging market currencies, yet Dr. Alexander Mirtchev, founder and chairman of the Krull Corporation and a transitional economy expert, believes that central banks in the emerging markets should resist the temptation to restrict currency flows. Despite the volatility in the foreign exchange markets and the negative impact …

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While No Place for Inordinate Energy Security Concerns – Volatile Energy Markets are Here to Stay

Krull Corp. President Dr. Alexander Mirtchev assesses the effect of the dramatic fluctuations in oil and other commodity prices in the context of the financial crisis, indicating that global energy balances would be affected in the long run. Policymakers should consider a comprehensive and coordinated strategy for engaging the key supplier and consumer emerging markets …

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While Worldwide “Bailout Packages” are Perceived as a “Necessary Evil” there is a Hefty Price to be Paid

“One effect of these bailouts that appears unclear is how they will affect emerging markets, which are at present the source of highest economic growth in the world,” said Dr. Mirtchev. “Some emerging markets, such as Korea, Russia and Kazakhstan, that are essentially dollar-based economies, have a pronounced liquidity problem — the local banks, which …

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Beyond the Burgeoning Crisis – The Financial Crisis will be Followed by a Patchy, Uneven and Anemic Recovery

In an interview with Reuters, Dr. Alexander Mirtchev, founder and chairman of the Krull Corporation and an economic expert on emerging markets, shared concerns about the impact of the credit squeeze on emerging market economies. As the U.S. financial system continues to bear historic pressure, economies that have experienced considerable growth in the past decade …

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Global Economic Security Imbalances – Still Inherent in Recovery Strategies of the Leading Economies

Dr. Alexander Mirtchev, founder and chairman of the Krull Corporation and an economic expert on emerging markets, sat down with Bloomberg Television in London to discuss the impact of the financial crisis on the economy of Kazakhstan. Overall, Mirtchev said, the crisis “has been treated mainly as a liquidity crisis and I would strongly argue …

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Liquidity vs. Solvency – Prioritizing Liquidity Over Solvency will Determine Anti-Crisis Policies and Define the End-Game

Dr. Alexander Mirtchev analyzes the varied responses to the current financial crisis on Bloomberg Television. Mirtchev considers the crisis to be more of a solvency and asset quality crisis rather than a liquidity crisis, and that government intervention in the markets by several countries ignores this issue at the peril of a number of unanticipated …

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