Latest Articles about Economics
Tajikistan Secures New Chinese Loans and Investment
On June 7, Tajikistani President Emomali Rahmon returned home from a week-long tour of China. The tour included a five-day state visit followed by Rahmon’s participation in the 12th summit of the Shanghai Cooperation Organization (SCO) in Beijing. Following the trip, the Tajik President’s office... MORE
Ambitious Iranian-Tajik Projects Face Problems of Geography and Sanctions
Last week, Tajikistan and Iran concluded the ninth meeting of the Joint Economic Commission in Tehran. The two countries signed five agreements in the hydro-electric, oil and health sectors (Ozodi, May 29). The issues of water and hydro-electricity featured prominently in the discussions, including agreements... MORE
China-Kyrgyzstan-Uzbekistan Railway Scheme: Fears, Hopes and Prospects
“It is not important for China as to who will be building this railway line. The most important thing is that it is built,” Chinese Ambassador to Kyrgyzstan Wang Kaiwen said recently about the China-Kyrgyzstan-Uzbekistan railway project, which Bishkek and Beijing seek to implement despite... MORE
Beijing Lays the Groundwork in Tajikistan: A View from the Ground
Meeting on the fringes of the Shanghai Cooperation Organization (SCO) Foreign Ministers’ meeting in Beijing on May 11, Tajik Foreign Minister Hamrohon Zarifi and his Chinese counterpart Yang Jiechi made the usual affirmations of good bilateral relations (Xinhua, May 11). Part of a raft of... MORE
China’s Hydropower Miscalculation
China’s Jinsha River, literally the “Golden Sands” River, could soon live up to its rich name. The approximately 2300-km long upstream section of the Yangtze River is the site of up to 25, planned large-scale (50 MW and above) hydropower projects (Caixun, May 4; Dongfang... MORE
Organized Crime Exploits China’s Growing Links to Latin America
In April 2012, authorities in the prosperous and generally peaceful Caribbean nation of Belize intercepted a shipment of precursor chemicals sent from China and apparently bound for representatives of the Mexican cartel “Los Zetas.” The shipment—sufficient to produce an estimated $10 billion in methamphetamines—highlights growing... MORE
CASA-1000 Opens Doors for Increased Cooperation Between Tajikistan and Pakistan
On May 16-17, members of the Inter-Governmental Council (IGC) met in Dubai to sign the financing agreements for the CASA-1000 energy project (Khovar, May 18). Delegations from the four principal countries, Pakistan, Afghanistan, Tajikistan and Kyrgyzstan, as well as representatives from investor countries, the World... MORE
Multiple Signs of Stabilization in Belarus
If there is any refrain to recent developments in Belarus, it is political and socio-economic stabilization. First, the International Ice Hockey Federation (IIHF) has not succumbed to political pressure – mainly from the United States – and confirmed Minsk as the venue for the 2014... MORE
Local Government Financing Growing Increasingly Precarious
In 2008, China’s central government launched its own New Deal, heavily promoting massive infrastructure development after the economic downturn. Local governments were more than happy to take up the banner. Now, they are left with shiny new plazas, towering office buildings, highways to nowhere and... MORE
Russia’s Growing Influence in Ukraine: Economics and Energy
The Ukrainian government is negotiating the issue of ruble-denominated government bonds, making the country no longer reliant on IMF assistance. Ukraine’s 2010 IMF assistance package of $15.6 billion was suspended in March 2011 because of Ukraine’s refusal to continue with IMF reforms, in particular raising... MORE