Latest Articles about Economics

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

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

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

Beijing Builds its Eurasian Transportation Network

China continues to make progress in building its Eurasian transportation networks with the aim of deepening its economic ties in Central and South Asia as well as providing a foundation for its regional security interests. Gwadar, a port town in western Pakistan close to Iran... MORE

Putin’s Russia at a Crossroads Politically and Economically

The Russian government, the expert community in Moscow and the national economic elite are actively discussing the economic future of the nation and possible drastic financial policy changes as the economy slumps into potentially long-term stagflation, which may fundamentally destabilize the regime. The elite’s discord... MORE

Power Struggle in Dagestan Changes Political Landscape

Dagestani billionaire Suleiman Kerimov is set to leave the Federation Council, the upper chamber of the Russian parliament, according to a report published in the newspaper Izvestia on March 29. Kerimov is among the wealthiest Dagestanis close to the Russian government. The parliament’s lower house,... MORE