Latest Articles about Economics

Ukraine: Not Going West for Now

The Ukrainian authorities have seemingly activated a “pause” in Kyiv’s European integration process. President Viktor Yanukovych’s Party of Regions, which controls the government and holds an overwhelming plurality in the parliament, blocked all of the opposition’s attempts to vote through European integration draft laws on... MORE

Xi’s Power Grab Towers over Market Reforms

While the recent Third Plenary Session of the 18th Chinese Communist Party (CCP) Central Committee was expected to unveil major initiatives in economic liberalization, what has struck Chinese and foreign observers most is the weight that the leadership has given to enhancing state security, particularly... MORE

Kazakhstan Seeks to Avoid Resource Curse

Kazakhstan, as other natural resource-rich countries, faces a difficult task of diversifying its economy and avoiding the resource curse. Indeed, the share of natural resources rents in GDP, which is the sum of oil, natural gas, coal, mineral, and forest rents, in Kazakhstan was 38.2... MORE

Kazakhstan-Kyrgyzstan Economic Relations Make Progress

On November 1, the fourth session of the Kazakhstani-Kyrgyzstani Intergovernmental Council met in Bishkek. The meeting sought to realize the agenda articulated by Kazakhstani Prime Minister Serik Akhmetov, who noted “the mutual desire of Kazakhstan and Kyrgyzstan to address urgent issues on water and the... MORE

Prospects for Turkey Joining the Russia-Led Customs Union

At the October 24 summit of the Supreme Eurasian Economic Council in Minsk, Kazakhstani President Nursultan Nazarbayev suggested that Turkey may wish to join the Custom Union of Russia, Belarus and Kazakhstan. According to Nazarbayev, Turkish Prime Minister Recep Tayyip Erdogan reached out to him... MORE