Latest Articles about Economics
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Prime Minister Altankhuyag’s Visit to Tokyo: Fleshing out the Mongolian-Japanese Strategic Partnership
Mongolian Prime Minister Norov Altankhuyag’s September 11–14, 2013 trip to Japan, his first overseas visit since becoming head of government in 2012, underscored the new vibrancy in Mongolian-Japanese relations. This visit reciprocated the very successful one of Japanese Prime Minister Shinzo Abe to Ulaanbaatar in... MORE
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Chinese Commercial Engagement with Guyana: The Challenges of Physical Presence and Political Change
For the People’s Republic of China, its relationship with Guyana has been one of its longest, most consistently close relationships in Latin America and the Caribbean. Yet, between June and August 2013, Chinese companies lost almost a billion dollars in work in the country, including... MORE
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Li Keqiang, New Type Urbanist
Since coming into office in late 2013–early 2013, Chinese Premier Li Keqiang has staked out political territory as an advocate of economic reform. His signature policy initiative is a “new type of urbanization,” described by Xinhua as an effort to boost consumption by getting local... MORE
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The Potash War and the Receding Breed of a Red Man
At the September 19 government “skull session” on current economic and foreign policy issues, President Alyaksandr Lukashenka made several statements devoted to the Belarusian-Russian potash war. “No rogues and scoundrels will be able to drive a wedge between the two presidents and the two peoples... MORE
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A Business and a Pep Talk
Recent events around Belarus create the impression that if one assumes Belarus is a bridge between the two flanks of Europe, the traffic on that bridge is asymmetric. Serious business comes from its eastern end and nothing but reprimands and exhortations originate from the west.... MORE
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Mongolian-Belarusian Relations Reach New Levels of Cooperation After Myasnikovich’s Visit
The prime minister of the Republic of Belarus, Mikhail Myasnikovich, led a large delegation September 3–5, on the first state visit to Mongolia since the establishment of bilateral diplomatic relations in 1992. The Mongolian government treated the visit as high level, and media coverage was... MORE
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The Potash War: A Sequel
The Belarusian-Russian potassium (potash) war has undergone several new developments. First, it appears that Uralkalii, a Russian potash producer that, in late July, left the joint Russian-Belarusian trader, Belarusian Potassium Company (BPC) (see EDM August 5, September 4), has insured its “management responsibility” risk. Its... MORE
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China’s Energy Development in the East China Sea
China is doubling down on its hydrocarbon resource development in the East China Sea. The China National Offshore Oil Corporation (CNOOC) wants to double overall oil and gas production to 100 million metric tons per year by 2020 (Petroleum Economist, October 2012). CNOOC’s first licensing... MORE
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China’s Development Plans in Xinjiang Threaten Kazakhstan’s Water Security
Water security and sustainability represents one of the foremost challenges facing China’s development plans, including in its western region of Xinjiang, which serves as the origin of two trans-border rivers that flow into Kazakhstan. China’s rise, though in many ways beneficial to the developing economies... MORE
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Russia’s Customs Union Project Finds Acceptance in Armenia
Armenia’s move into Russia’s economic bloc, coupled with its military reliance on Russia, will conclusively reduce Armenia to the status of Russia’s satellite. Armenia’s snub to the European Union is comparable with the 1947 rejection of the Marshall Plan by the Moscow-dominated governments in Central... MORE