Latest Articles about Economics
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Balkars in Kabardino-Balkaria Believe Government Is Deliberately Undermining Their Economic Well-Being
On February 20, the Memorial Human Rights Center published its October 2011 report on the situation in the mountainous region of Kabardino-Balkaria. The report details the adverse effects of the counter-terrorist regime on the economic situation in this remote and vulnerable republic. A counter-terrorism operation... MORE
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Kazakhstan’s Socio-Economic Modernization Strategy: Challenges and Opportunities for the Next Decade
On January 27, 2012, Kazakh President Nursultan Nazarbayev addressed the people of Kazakhstan with a statement titled “Socio-economic Modernization: the Main Vector of Kazakhstan’s Development.” In what now resembles an American state-of-the-union address, Nazarbayev outlined ten main priorities that will shape the country’s development in... MORE
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A Model Company: CETC Celebrates 10 Years of Civil-Military Integration
This year marks the tenth anniversary of China Electronics Technology Group Corporation (zhongguo dianzi keji jituan gongsi)—known better by its acronym CETC—one of China’s ten official defense industry conglomerate-bureaucracies [1]. CETC’s operations are central to China’s push toward dual-use electronics and civil-military integration for information... MORE
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Civilian UAV Production as a Window to the PLA’s Unmanned Fleet
Representing a wider trend, one of China’s largest aerospace manufacturers, AVIC, recently announced, after a record 18.8 percent growth in 2011, it is increasing investment in an unmanned helicopter that will function in a range of both mundane civil applications as well as more critical... MORE
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Kazakhstan-China Transportation Opportunities and Challenges
At the end of November 2011, PRC Vice Premier Zhang Dejiang and Kazakhstani Minister Aset Isekeshev attended the inauguration of the construction of the first transnational free-trade cooperation center in Central Asia, located along the cross-border river near the Xinjiang village of Horgos. This China-Kazakhstan... MORE
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Germany, Kazakhstan Sign Strategic Agreement on Rare-Earth Metals
On February 7 in Berlin, the German and Kazakhstani governments signed an agreement on “partnership in the raw materials, industrial and technological spheres.” Chancellor Angela Merkel and Kazakhstan’s visiting president, Nursultan Nazarbayev, witnessed the signing. The agreement focuses on rare-earth metals. These represent a world-class... MORE
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Tajikistan to Lease 6,000 Hectares of Land to China
A controversial plan approved by Tajikistan’s Ministry of Agriculture to lease 6,000 hectares of land to China for development has been met with suspicion by some members of the country’s political opposition. Chinese officials have pledged $2 million of direct investment, including new technology and... MORE
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Uzbekistan’s Quest for Aral Sea Oil May Weaken Kazakhstan’s Position in the Caspian
As a part of its incessant attempts to consolidate its presence in the energy sector of Central Asia, on January 17, the board of executives of the Russian company, Lukoil, endorsed the purchase by its daughter company, Lukoil Overseas, of 6.6 percent of shares in... MORE
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Western Investors Ponder Kazakhstani Market After Zhanaozen
One reason why Kazakhstan, despite its small population and remote location from the world’s major economic and political centers of influence, has been able to exercise considerable influence in global affairs is that it attracts enormous foreign investment. Along with its oil wealth, foreign investors... MORE
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China in 2012: Foreign Affairs a Secondary Priority but Salient Challenges Ahead
This year holds major domestic preoccupations for Chinese leaders. Heading the list are preparations for the 18th Chinese Communist Party Congress later this year and the following National Peoples Congress in early 2013. To ensure a smooth transition that will sustain the unity and legitimacy... MORE