Latest Articles about Economics
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Kyrgyzstan and China Move Closer to Joint Railroad Construction
Bishkek and Beijing may soon sign a long-anticipated agreement on the construction of the “China-Kyrgyzstan-Uzbekistan” railroad. Kyrgyz Prime Minister Almazbek Atambayev will travel to China to discuss the project’s details. The Kyrgyz government considers the railroad to be an important component in the country’s economic... MORE
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China’s Uranium Quest Part 2: The Turn to Foreign Markets
On August 24, the head of Kazakhstan’s national nuclear monopoly Kazatomprom announced plans to increase its uranium fuel pellet shipments to China by one hundredfold, from 2 metric tons this year to 200 metric tons in 2013 or 2014 (Bloomberg, August 22). This is welcome... MORE
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Russia Considers Continued Privatization
The Russian government plans to privatize a number of its state-owned companies, focusing on the energy and commodity sectors. However, the cabinet faces a challenging task to prove that the latest privatization efforts will be more efficient than earlier controversial moves to sell-off state-owned assets.Russia’s... MORE
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Putin Ignores the Gathering Economic Storm
The volatile turbulence that battered the world economy last week should have passed Russia by, but it did not. Indeed, Russia is not burdened by a massive debt, is spared political feuds about budget cuts and is not even exposed to the looming Greek default;... MORE
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China or the SCO: Who will supervise Afghanistan?
The Shanghai Cooperation Organization (SCO) summit at Astana on June 15, 2011 signalled Asia’s regional security order is slowly shifting as Afghanistan appears to be angling to become a new observer member in this decade-old Central Asian body (Ria Novosti, May 16). The Sino-Afghan relationship... MORE
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“Closed” Kyrgyz-Uzbek Border: A Recipe for Clashes
On August 2, 2011 Uzbekistan closed the Divayram border crossing, located in Sokh enclave inside Kyrgyzstan. An important road artery for Kyrgyzstan’s Batken region passes through this enclave. Now, Kyrgyz are forced to bypass the enclave, adding 30 minutes or 40 kilometers to their journey,... MORE
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Moscow Puts the Heat On Minsk and Kyiv
Moscow is piling the heat on Minsk and Kyiv to subordinate their economies, notably their energy sectors, to Russia and with that accept Russia’s political tutelage. In both cases, Moscow is using the instruments of its gas and its customs union (EurAsEc). EurAsEc has lent... MORE
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Russian-Led Customs Union Intensifies Sino-Russian Rivalry in Central Asia
July 1 marked the launch of the now “fully operational” Customs Union (Belarus, Kazakhstan and Russia) fueling debate on the future of the post-Soviet space and even the grouping itself. Indeed, ruptures have already revealed themselves among existing members (such as the recent “tariff wars”... MORE
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Semtex or Stability? The Conflict in Libya and its Impact on Security in Niger
Libyan stability is critical for Niger’s security as well as for its economy. The on-going crisis complicates the already demanding task that the new democratic government of the country faces in strengthening the Nigerien economy and securing its domestic stability (see Terrorism Monitor April 14;... MORE
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Lukashenka Fires National Bank Chairman
On July 18, Belarusian President Alyaksandr Lukashenka dismissed the chairman of the National Bank of Belarus, Pyotr Prakapovich. Last month, Lukashenka asserted that the latter had “made mistakes” (Bloomberg, June 23). No replacement was announced, so in the meantime Yury Alymov continues as acting chairman.One... MORE