Latest Articles about Economics

Azerbaijan and Uzbekistan Agree To Look Beyond Politics

September 27 marked the second visit by Azerbaijan’s President, Ilham Aliev to Uzbekistan since 2004. Meeting with Uzbek President, Islam Karimov, Aliev emphasized the high degree of bilateral political relations, while calling for a boost in their lagging economic relationship (www.ru.trend.az, September 29; www.rian.ru,  September... MORE

China Secures Trade Surplus With Russia

Russia has sought to expand its trade with China in an apparent bid to prop up what was officially denoted as the strategic partnership between the two nations. Meanwhile, as bilateral trade recovered, China has regained a surplus in its trade with Russia. The official... MORE

Ukrainian Government Formulates Liberal Tax Reform

On September 3, the Ukrainian government presented a tax reform which should make the country more attractive to foreign investors and promote economic reform. Prime Minister, Mykola Azarov, stated that Ukrainian taxes would “probably be the lowest in Europe” (UT1, September 3). Several of the... MORE

Armenian Economy Recovers Faster Than Expected

Armenia’s economy is emerging from its first major downturn since the early 1990’s faster than expected, helped by similar recovery globally. Official statistics show that it expanded by 6.7 percent in the first half of this year and surpassed even the most optimistic government expectations.... MORE

Opposition to OSCE Police Forces Grows in Kyrgyzstan

More Kyrgyz political activists are speaking out against the prospective deployment of the Organization for Security and Cooperation in Europe’s (OSCE) 52-member Police Advisory Group. Infringement of the country’s sovereignty, limited capacity to improve the situation in southern Kyrgyzstan, and the potential for increased instability... MORE

China’s Brain Drain Dilemma: Elite Emigration

A popular Internet writer recently caused a stir when he asserted that “all Chinese who earn more than 120,000 yuan ($17,650) a year want to immigrate.” While this view is exaggerated, there is no denying the upsurge in Chinese emigration to Western countries—particularly the United... MORE