Latest Articles about Economics
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Belarus Continues Its Drift Toward Russia while Moving up in Human Development Rank
On March 17, accompanied by an 80-member delegation, including many directors of state-run companies, Belarusian President Alyaksandr Lukashenka left for a seven-day visit to Indonesia and Singapore (https://www.svaboda.org/content/article/24931615.html). On March 18, he reported signing export contracts worth $400 million in Jakarta (https://www.gazetaby.com/cont/art.php?sn_nid=54868). Two days prior... MORE
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Meltdown of Russian Government-Sponsored Offshore Financing in Cyprus
The Cypriot financial meltdown has rocked Moscow. Russia provided Cyprus in 2011 with a 2.5 billion-euro ($3.2 billion) low interest loan and believed the European Union and the International Monetary Fund (IMF) should join in the bailout of a euro-zone member nation. Until now, the... MORE
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New South Korean Leader Affirms Strategic Partnership with Kazakhstan
Although the threat of war on the Korean Peninsula has been drawing most international attention, from the perspective of Central Asia, another interesting question is whether the new South Korean government will pursue as vigorous a Central Asian strategy as its predecessor. Under President Lee... MORE
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Alexei Navalny Blasts Ingushetia’s Government for Extravagant Spending
The most influential Russian opposition figure and crusader against government corruption, Alexei Navalny, has turned his attention to the North Caucasus once again. On March 1, Navalny revealed a document that implicates Ingushetia’s government in planning to spend nearly $90,000 to enable a fashion designer... MORE
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Major Revision of Mongolian Mining Regulations Is Underway
The first public debate on the proposed revisions of Mongolia’s mining regulations was conducted at the Citizen’s Hall of the Mongolian government on January 18, 2013. Although the revisions are long overdue, legislators appear to be in agreement that more deliberations are necessary in order... MORE
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Russia Seeks Closer Energy Partnership with China
On February 25, Russian Deputy Prime Minister Arkady Dvorkovich traveled to China to attend a first meeting of the bilateral intergovernmental commission on energy cooperation. The commission was formed in December 2012 to replace the bilateral Russia-China energy dialogue. Dvorkovich held talks with his Chinese... MORE
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Immigration Could Tear Russia Apart, Especially if Regions Adopt Their Own Approaches
Many Russians believe that the continuing influx of guest workers from Central Asia and the South Caucasus represents a security threat to their country either because of the supposed contributions of these groups to crime in Russian cities or because of the way in which... MORE
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China and Laos: An Uneasy Embrace
In January, reports surfaced that Laos would borrow money from China to finance a $7 billion, 260-mile rail project connecting the Lao capital of Vientiane to the Chinese border (Ming Pao [Hong Kong], January 15;Global Times, January 10; RFA, December 2, 2012). The project, by... MORE
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Public Opinion and Hi-Tech Startups in ‘Europe’s Last Dictatorship’
Independent Belarusian analysts continue to mull over the results of the December 2012 national survey by the Independent Institute for Socio-Economic and Political Studies (see EDM, February 1). According to Alexei Turovsky from the Agency of Political Expertise, the support base of President Alyaksandr Lukashenka... MORE
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Russia Eyes Efficient Management of State-Controlled Assets
The Russian government pledged to manage $3.3 trillion worth of its state-controlled assets more efficiently, including through the continued privatization of state-owned companies. However, the authorities have to prove that the latest privatization efforts could fare better than earlier attempts to sell off state-owned assets.On... MORE