Latest Articles about Economics
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
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
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
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
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
Kazakhstan Steps up Anti-Corruption Measures, but Problems Remain
Kazakhstan plans to introduce new anti-corruption legislation and to rid the judicial system of corruption. But the country has a long way to go to move up from 133rd place in the Corruption Perceptions Index, where it was listed by Transparency International in 2012. Ranked... MORE
India’s Foray into Central Asia: Trade Potential and Transit Corridors
With China promoting its own Silk Road vision in Central Asia, it seems that the New Silk Road Initiative promoted by the United States has been eclipsed. Nonetheless, there is still an opportunity for the US to promote much-needed trade relations between Central Asia and... MORE
Taiwan Trade Agreements with Singapore, Japan, Should Calm Fears of PRC Economic Domination
For Taiwan, November has been marked by a burst of activity on the regional trade front. On November 7, Taiwan signed a free trade agreement with Singapore, a day after signing five smaller economic deals with Japan on e-commerce, pharmaceutical regulation, railways, patent recognition and... MORE
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
Belarus: Tough Times, Austerity and New Potential Benefits from Russia
Russia’s Office of the General Prosecutor officially petitioned that Belarus extradite Vladislav Baumgaertner, the Russian potash producer Uraslkalii’s CEO, under arrest in Minsk since August 26. The petition is under consideration. It appears that it was directed to Minsk as early as October 22 but... MORE