Latest Articles about Economics
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Russia Begins Collecting Its Ukrainian Gas Bill
Although demonstrators still occupy the Maidan in central Kyiv and none of Ukraine’s fundamental issues that precipitated the crisis in late 2013 have been resolved, it is clear that the Russian “transfusion” of support for Ukrainian bonds and lower natural gas prices has given President... MORE
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Controversial Year for Ukraine: President Yanukovych Makes U-turn to Avoid Default
Ukrainian President Viktor Yanukovych made a sensational U-turn last year, choosing Russian economic assistance over an association and free-trade deal with the European Union. The decision, which triggered the most massive anti-government protests since 2004, was dictated by a dismal state of the Ukrainian economy... MORE
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Kumtor Gold Mine Nationalism Issue Roils Kyrgyz Politics
Since the December 1991 implosion of the Union of Soviet Socialist Republics (USSR), mineral extraction issues have risen to the forefront of post-Soviet Caucasian and Central Asian states, as newly independent countries have raced to exploit reserves previously underdeveloped by the Soviet administration in Moscow.... MORE
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Kazakhstan to Pursue Key Socioeconomic Reforms in 2014
Following the publication of the “Kazakhstan-2050” strategy late in 2012, Central Asia’s biggest country carried out a series of structural reforms in 2013 aimed at modernizing its economic and social systems and optimizing its public finances. On January 16, President Nursultan Nazarbayev announced the creation... MORE
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Kazakhstan and Azerbaijan Envisage Wide-Ranging Cooperation
On December 10, the Azerbaijan-Kazakhstan intergovernmental commission on economic cooperation met in Baku. Besides discussing various economic projects to boost mutual trade and investment, ministers from the two governments considered how to expand cultural exchanges.The two governments have repeatedly expressed disappointment with their low levels... MORE
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European Union’s Eastern Partnership Unwanted by Armenia, Inadequate to Azerbaijan
The European Union’s Vilnius summit (November 28–29) helped to demonstrate that the Eastern Partnership program must pursue a more differentiated approach toward the individual partner countries.The EU had, broadly speaking, made identical offers to Armenia and Azerbaijan, respectively. It proposed to each of them the... MORE
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Kazakhstani President Establishes Ambitious Goal for Successor Generation
At the end of November, President Nursultan Nazarbayev said that Kazakhstan should aim to raise its GDP per capita fivefold, to $60,000 from the present $12,000, to join the ranks of the top 30 developed countries. Although Nazarbayev recognizes that Kazakhstan must overcome major challenges... MORE
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Azerbaijan After Vilnius Summit: More Questions than Answers
On November 29, Azerbaijan and the European Union signed a visa-facilitation agreement in Vilnius, Lithuania, within the framework of the Eastern Partnership summit. The agreement was signed by the foreign minister of Azerbaijan, Elmar Mammadyarov, by Linas Linkevicius, Minister of Foreign Affairs of Lithuania in... MORE
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Efforts to Strengthen Sino-Mongolian Relations in Fall 2013
Sino-Mongolian relations improved during the fall, with a pair of official visits demonstrating progress on both economic and military ties. The first was Mongolian Prime Minister Norov Altankhuyag’s trip to China on October 22–26. During the visit Altankhuyag and Chinese Premier Li Keqiang agreed to... MORE
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Critical Node: Taiwan’s Cyber Defense and Chinese Cyber-Espionage
Cyberspace is emerging as a contentious frontier in cross-Strait relations. Overt military tension in the Taiwan Strait has ostensibly given way to a cold war in the cyber-domain. A surge in China-sponsored cyber intrusions was highlighted recently by Taiwan’s intelligence chief, Tsai Der-sheng. In remarks... MORE