Latest Articles about Economics

Uzbekistan’s Latvia Foray

Early in 2014, at a meeting of the Cabinet of Ministers, Uzbekistan’s President Islam Karimov declared, “The main goals and priorities for advancing the economy in 2014 are dictated primarily by long-term program objectives of the country, the continuation of the adopted strategy ensuring high... MORE

China Takes Steps Toward Realizing Silk Road Ambitions

China’s vision for a new “Silk Road economic belt,” as recently announced by Xinhua, is establishing regional integration around China as an attractive economic direction for Central Asian countries. With a series of strategic agreements between Chinese President Xi Jinping and leaders of central Asian... MORE

Putin’s Eurasian Project Aggravates Russia’s Problems

The ceremony in Astana last Thursday (May 29) on signing the Eurasian Economic Union between Russia, Belarus and Kazakhstan was a surprisingly business-like affair. The lack of fanfare reflected the mood of Kazakhstani President Nursultan Nazarbaev, who was not altogether pleased with how his old... MORE

Russia, Kazakhstan and Belarus Form Eurasian Economic Union

On May 29, in the Kazakhstani capital of Astana, the presidents of Russia, Kazakhstan and Belarus signed a treaty to form the Eurasian Economic Union (EaEU)—a post-Soviet reintegration project vigorously pursued by President Vladimir Putin. The EaEU will come into being next January, after the... MORE

Costa Rica at Crossroads in Courtship with Beijing

In few other countries in Latin America and the Caribbean have the strategic objectives of China been as clear as in its relationship with Costa Rica. Yet in few other countries has the PRC experienced so many difficulties compared to the level of effort invested.... MORE

US Restrictions Hurt Russian Space Defense and Commercial Projects

In response to Russia’s involvement in the Ukrainian crisis, the United States has tightened its export controls, and this has seriously hurt important Russian space projects. US authorities are apparently denying export licenses that allow European and other foreign communications satellites containing US components to... MORE