Latest Articles about Economics
Kazakhstan-Turkmenistan Presidential Summit Boosts Joint Ties
Turkmenistani President Gurbanguly Berdimuhamedov made a state visit to Kazakhstan on May 10–11. Kazakhstan’s President Nursultan Nazarbayev said that his counterpart’s visit “demonstrates the mutual desire to develop these fraternal relations and raise trade and economic relations to a new level” (Trend, May 10). Berdimuhamedov... MORE
Lost in Space? Moscow Tries to Rebuild Its Civilian and Military Space Programs
Since 1991, the highly developed Soviet space industry has fallen on hard times. Even though much Russian commentary has emphasized the competitiveness of Russia’s present-day space sector, it has nonetheless fallen behind its global competitors. And now Kazakhstan is demanding a greater say in what... MORE
Turkish Prime Minister’s Visit to Mongolia
Turkish Prime Minister Recep Tayyip Erdogan’s visit to Mongolia last month (April 11–12) is likely to result in closer bilateral economic cooperation in addition to the two countries’ already well-established cultural, educational and security ties. As is traditional for Turkish high-level guests to Mongolia, Prime... MORE
Russian Experts Call on Moscow to Turn North Caucasus into ‘Internal Turkey’
Analysis provided by a group of Russian experts suggests that the Russian government should move away from large economic projects in the North Caucasus to creating a favorable environment for local entrepreneurs. In order to achieve the goal of steady economic development of the region,... MORE
Almaty Hosts ‘Heart of Asia’ Conference
On April 26, Almaty hosted the third Ministerial Conference of the Istanbul Process. Many foreign ministers attended, though some countries, such as the United States, were represented by their deputies. Kazakhstani President Nursultan Nazarbayev keynoted the event, which was co-chaired by Kazakhstani Foreign Minister Erlan... MORE
Kazakhstan’s Next Economic Boom: The SME Sector Prepares to Take Off
It is a well-known fact that small- and medium-size enterprises (SMEs) have been the engine of economic growth of the developed economies and the source for creating most new jobs. In the majority of the member countries of the Organization for Economic Cooperation and Development... MORE
China’s Strategic Recalibration in Burma
When Chinese President Xi Jinping met with his Burmese counterpart U. Thein Sein in Sanya on April 5, the usual sunny platitudes about enhancing “all-round cooperation” were dampened by veiled references to the threat of Western encroachment in the Southeast Asian country and the rocky... MORE
Belarus: Modernization amid Two Integration Projects
The latest stream of news from Belarus has three refrains—modernization, integration into the Eurasian Economic Community (EEC), and reinvigoration of ties with the European Union. All three are contained in President Alyaksandr Lukashenka’s annual report to the National Assembly delivered on April 19 (https://www.sb.by/post/146628/). Lukashenka... MORE
Japanese Prime Minister Abe Declares Mongolia’s Increasing Importance for Tokyo’s Foreign Policy
The recent March 30–31 trip to Mongolia of Japanese Prime Minister Shinzo Abe, who has yet to meet with Chinese leaders since assuming office in December 2012, was timed to solidify Japan’s relationship with the most vibrant mining economy in Northeast Asia. This visit has... MORE
Moscow Approves New Funding to Develop Far Eastern Regions
The Russian federal government approved a series of blueprints to develop the country’s Far Eastern regions, as well as new tax incentives. These programs included promises of unprecedented financial inflows into these remote areas.On April 4, the Russian federal government released a final decision to... MORE