Latest Articles about Economics

China’s Cautious Economic and Strategic Gamble in Venezuela

Since coming to power in February 1999, Venezuelan president Hugo Chavez has waged a highly visible campaign against the U.S. and Western “imperialism” in Latin America, replete with fiery rhetoric, nationalization of strategic industries, the creation of alternative regional institutions, support for a range of... MORE

Is Belarus a Basket Case?

For the last fifteen years, Belarus has been the world’s leader in terms of the sheer number of predictions of its imminent economic collapse. And yet since 1996, the country has demonstrated steady, impressive and, in the words of a 2005 World Bank report, “broad-based”... MORE

Inflation Plagues Belarusian Economy

The Russian Ministry of Economic Development has issued a bleak prognosis for the economic future of Belarus, anticipating that the country will enter a period of recession in 2012, which will be followed by gradual recovery in future years (www.naviny.by, September 24). The report contrasts... MORE

Destination Unknown: Investment in China’s “Go Out” Policy

From September 7 to September 10, Chinese Vice Premier Wang Qishan led a delegation of senior government officials and business leaders to hold the Fourth UK-China Economic and Financial Dialogue. This trip is just one of the many high profile visits Chinese central leadership have... MORE

A New, Greater Impulse In Italian-Kazakh Relations

Kazakhstan and Italy are developing a major strategic partnership that is rapidly altering ties between the two countries. For Italy, one of the main and constant aims of Italian foreign policy – regardless of the political orientation of its government – is to guarantee the... MORE

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

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