Latest Articles about Economics

Xi Evokes “New Left” Vision of China’s Future

Chinese President Xi Jinping honored the 120th anniversary of Mao Zedong’s birth on December 26, using the occasion to speak at length about the significance of the founder of the People’s Republic in Chinese and Party history (Xinhua, December 26). The speech was generally laudatory... MORE

Belarus: Hallmarks of 2013 and Prospects for 2014

The year 2013 was marked by Belarus’s deepening economic dependency on Russia. It became apparent that the generous socio-economic model of the Belarusian state—including heavily subsidized utilities and mortgage loans; free health care and education; a retention of the Soviet-era recreational facilities such as day... MORE

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

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

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

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

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