Despite common perceptions that China and Russia are the main external influences on Kazakhstan’s economy, newly released information from the National Bank of Kazakhstan shows that, as of the end of September 2012, Western countries topped the charts as the main sources of foreign direct... MORE

In the last two years, China has emerged as the most consequential outside actor in Central Asia. As we have described in other writings, China’s ascension to this role has been largely inadvertent [1]. It has more to do with the region’s contemporary circumstances and... MORE

No one can ever accuse China of thinking small. When it decided to enter into commercial aircraft manufacturing, it knew that it was going up against one of the world’s greatest duopolies: the Boeing-Airbus stranglehold on the medium-to-large jetliner business. These two companies produce nearly... MORE

Mongolia has remained on the radar in 2012 for international audiences, especially foreign investors who see the country either as either a land of opportunity or uncertainty. Events ranging from the parliamentary elections, to judicial procedures concerning the former president, and to restrictions on exchanging... MORE

The year 2012 was certainly rich in events for Kazakhstan. In mid-January, the early parliamentary elections brought two more parties to the country’s legislative body, although none of them gained enough seats to break Nur Otan’s monopoly. While the diversity of opinions within the country’s... MORE

The past year was an eventful one in Tajikistan on the economic, political and military fronts, with both domestic and regional ramifications. Importantly for Tajikistan’s economy, in May 2012, construction on the controversial hydroelectric Rogun Dam on the Vaksh River—a tributary of the Amu Darya... MORE

In his State of the Nation address to the parliament on December 14, 2012, President Nursultan Nazarbayev outlined a new strategy for Kazakhstan’s development through 2050. The document, developed by the government with the help of national and foreign experts, seeks to establish “the vector... MORE

While the concept of a “New Silk Road” of trade, transport and telecommunications connections across Eurasia was formally endorsed by the US State Department, it is Beijing and Chinese companies that have taken the lead in realizing the immense infrastructure projects that will tie the... MORE

In 2012, Belarus was recovering from the financial crisis, the peak of which was in summer 2011. The achievements along this line have been the international trade surplus, the 20-percent growth of personal incomes (throughout 2012), and a relatively stable exchange rate of the Belarusian... MORE

The long-delayed, Chinese-funded Entebbe expressway in Uganda once again is running into delays as government funds are insufficient to compensate the citizens who will lose their land to the highway. Although construction began only last month, Entebbe claims it has only sufficient funds to buy... MORE