Abstract:
The paper provides analysis on one of the feeblest countries that was once one of the richest. The
country is actually facing several economic and political crises. This crisis originated from the
continuous communist economic system and its’ heavily dependence on oil as source of revenue. The
dependence of oil and the absent of other sources put the country under high risk not for the country
only but for the whole region. The paper provides an overview for the reasons for escalating the current
situation and its implications on the neighbor countries and a conclusion reflecting the foreseen
possible economic situations way out.