Latest Articles about Economics
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Global Struggle for Kazakh Uranium Resources
As global nuclear energy demand grows, countries possessing uranium reserves are poised to reap enormous economic and political dividends from production and export of this resource. Yet, the gains may come with costs as global rivalry accelerates among major powers, concurrently enhancing environmental, health, and... MORE
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Kyrgyzstan Joins Russian-backed Customs Union
Kyrgyzstan’s Prime Minister, Almazbek Atambayev, has announced that Kyrgyzstan will join the Russia-Belarus-Kazakhstan Customs Union. It is evident that this decision was political rather than based on economic priorities. Kyrgyzstan is the only Central Asian country with membership in the World Trade Organization (WTO), an... MORE
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Tajik-Iranian Ties Flourish
Iran’s recent economic expansion in Tajikistan appears to be part of Tehran’s broader strategy to strengthen its influence in the country. In addition to pledging to invest more in the Tajik economy, Tehran has reiterated its calls for Dushanbe to foster closer cultural cooperation and... MORE
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Rumors Of Devaluation Spell Trouble For Belarus
On April 7 in Moscow, Russian and Belarusian officials on the Commission on Common Economic Space discussed the latter’s request for another loan from Russia of around $1 billion. Belarus has also requested $2 billion from the Anti-Crisis Fund of the Eurasian Economic Community (also... MORE
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Beijing Confronts Japanese Nuclear Meltdown
The nuclear crises at the Fukushima Daiichi Nuclear Power Plant in neighboring Japan that began with the March 11 earthquake and tsunami has induced the Chinese government to pause and perhaps moderate its civilian nuclear buildup. Describing safety as its top priority, the State Council... MORE
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China’s Looming Labor Supply Challenge?
China has the largest labor force in the world. In recent years, new strains have emerged in China’s labor supply that raise concerns about the country's economic growth mode. The shortage of migrant workers that gripped the Pearl River Delta region and the coastal areas... MORE
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Tajik-Iranian Ties Flourish
Iran has steadily expanded its economic position in Tajikistan since the start of 2011. In February, a private Iranian company signed an agreement with the Tajik Ministry of Energy and Industry (MEI), pledging to build a large cement plant in Tajikistan’s southern Khatlon province. When... MORE
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US Foreign Aid To Central Asia Reveals Washington’s Regional Priorities
As with other great powers, today or in history, the United States has been pressured to balance ends and means to retain its influence in the world, currently marked by power shifts away from the West. The government’s proposed budget of $3.73 trillion for 2012... MORE
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Medvedev Tries To Rescue His Presidency
Political agitation in Russia reached a new high on March 30, during a routine meeting of the Commission for Modernization of Economy, where President Dmitry Medvedev instead of promising more money for innovations started with an assessment of the investment climate: “It is very bad,... MORE
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Russia and Kazakhstan Boost Bilateral Trade and Energy
The leadership of both Russia and Kazakhstan has announced plans to further develop their energy partnership. However, the two former Soviet allies remain slow to finalize some of their energy projects. Meanwhile, bilateral trade and Russia’s trade surplus has increased.During a meeting in Moscow on... MORE