Latest Articles about Economics
China as Tajikistan’s ‘Lender of Last Resort’
On May 19–20, the President of Tajikistan Emomalii Rahmon paid a state visit to China where he had talks with his Chinese counterpart, Xi Jinping, and with several heads of Chinese state corporations. Rahmon’s official visit resulted in several multi-million-dollar investment projects in the infrastructure,... MORE
Russia, Kazakhstan and Belarus Endorse Further Integration, but Obstacles Remain
On May 29, the presidents of Russia, Belarus, Kazakhstan, Kyrgyzstan and Ukraine met in Astana to participate in a scheduled meeting of the Supreme Economic Council of the Eurasian Economic Community (EurAsEC), established in 2001. Since Moscow, Minsk and Astana have lately been engaged in... MORE
Toppling the Fellow Sufferers
All too often, the more significant pieces of news from Belarus are not the ones that are discussed most frequently and voluminously. The second half of May has been no exception. For example, on May 18, the official news agency Belta briefly reported on an... MORE
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