Latest Articles about Economics

Russia Eyes Stronger Economic Engagement with Central Asia

Russian authorities reiterated, on January 22, pledges of increased economic engagement with Central Asia. The foreign ministry advocated plans to develop economic and trade ties with the region, while other officials urged the creation of a Russian state corporation that would encourage economic development there... MORE

Kyrgyzstan Leverages Geo-Economics and Geopolitics to Expand Its Economy

“Money loves quiet,” Kyrgyzstan’s President Almaz Atambayev once stated, stressing the need for a better investment climate amid occasional instability plaguing the aspiring democracy, which boasts Central Asia’s first parliamentary system of government (www.members.vb.kg, February 18, 2011).Atambayev, who gained a six-year term in 2011 in... MORE

A Mixed Bag of News in Belarus to Start off the Year

Perhaps the greatest recent news involving Belarus—news, which all Belarusian regardless of political stripes considered to be great—is Victoria Azarenka’s second tennis victory at the Australian Open on January 26. Her other achievements include winning the Bronze medal at the 2012 Summer Olympics in London,... MORE

Lithuania’s Role in the Northern Distribution Network

Located at the geographic center of Europe, Lithuania is ideally situated to become a regional transportation hub. Two strategic transportation lines cross Lithuania: the North-South highway and railway line connecting Scandinavia with Central Europe, and the East-West Transport Corridor between enormous eastern markets and the... MORE

China and Venezuela: Equity Oil and Political Risk

  Referring to the evolving political crisis in Venezuela, a Shanghai Academy of Social Science scholar, Zhang Jiazhe, recently remarked, if Hugo Chavez dies, “the diplomatic effect on China won’t be large because China-U.S. competition is in Asia not Latin America. Economically, China-Venezuela relations are... MORE

Russia May Gain in South Caucasus, as Georgian Government Wavers on Regional Railway Projects

On December 21, 2012, Georgian Prime-Minister Bidzina Ivanishvili dropped a bombshell, stating that ongoing construction of the Baku-Tbilisi-Kars (BTK) railway, connecting Azerbaijan to northeastern Turkey via Georgia, raised many questions about its economic efficiency and profitability for Georgia, regardless of the project’s geopolitical importance (www.geopalitratv.ge,... MORE