Latest Articles about Economics

CASA-1000 Project Moves Forward Despite Security Risks

On September 16–17, officials from Kyrgyzstan, Tajikistan, Pakistan and Afghanistan met in Islamabad to sign a Resolution on Contracting Structure and Commercial Principles in the effort to launch the CASA-1000 trade and energy project in 2014. The parties hope CASA-1000 will help bring electricity from... MORE

Russia and the Moldovan Communists’ Red October (Part Two)

Last month, the Kremlin snapped its fingers and Armenia turned its back on Europe literally overnight, choosing to join the Russia-led Customs Union instead of concluding association and free-trade agreements with the European Union (see EDM, September 6, 11, 18). The Russian government is almost... MORE

Chinese Investment in Kyrgyzstan Hampered by Unstable Business Climate

A joint declaration on strategic partnership was among several agreements that were signed following talks in Bishkek between visiting Chinese President Xi Jinping and his Kyrgyz Republic counterpart, Almazbek Atambaev, on September 11. Atambaev told reporters that the signed documents also include agreements on Chinese... MORE

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

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

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