Latest Articles about Economics
The Dragon and the Mamba: China’s Growing Presence in Mozambique
In just the past three years, the People’s Republic of China (PRC) has established an impressive foothold in the former Portuguese colony of Mozambique in southern Africa. While China’s relations with Mozambique date back to the early 1960s when the Chinese Communist Party (CCP) supported... MORE
Ukraine Expels Czech Diplomats, Jeopardizing Talks with the European Union
Ukraine has expelled two Czech diplomats, explaining that they had gathered military secrets and hired local assistants who now face prison sentences. This is an extraordinary event as Ukraine has avoided scandals involving the expulsion of Western diplomats in the past. Moreover, this happened at... MORE
Integrating Belarus: Problems and Prospects
On May 5, the National Bank of Belarus, responding to pressure to devalue the Belarusian ruble, stipulated that by May 12, the exchange course with hard currency (the US dollar, the Euro and the Russian ruble) could increase from its current 8 percent depreciation rate... MORE
Russia Pressures Kazakhstan’s Ties With Georgia
Kazakhstan is increasingly uncomfortable within the Customs Union with Belarus and Russia due to the constant attempts by the Kremlin to politicize the structure originally intended to boost trade relations and ensure free movement of citizens, goods and capital within the union. Recently, Grigoriy Onishenko... MORE
India and Kazakhstan Bolster Their Strategic Partnership
On April 15-16, Indian Prime Minister Manmohan Singh and Kazakh President Nursultan Nazarbaev adopted a “Road Map” for 2011-2014 to strengthen the strategic partnership between India and Kazakhstan, signing seven agreements in areas as diverse as energy, cyber security, space exploration, education, and hi-tech development,... MORE
Inconsistencies Inhibit Moscow’s Attempts to Boost the North Caucasus Republics’ Economies
On May 4, Russian Prime Minister Vladimir Putin presided over a government meeting on the socio-economic development of the North Caucasus. Putin announced the decision to allocate nearly $2 billion for an investment protection fund for this risk-prone territory. In addition the government corporation for... MORE
China’s Policy Impasse: The Case of the “Green GDP” Initiative
China’s environmental problems are apparent to any visitor, and the statistics are striking: China is home to 20 of the world’s 30 most polluted cities, 90 percent of China’s rivers and lakes are polluted, and the Chinese government dealt with 580,000 environmental complaints in 2006... MORE
2010 Census Exposes Fault Lines in China’s Demographic Shifts
The just-published results of the People's Republic of China (PRC) 2010 Census have shown that just like any other country, the Middle Kingdom has to contend with the sobering limitations of demographics. Perhaps the only good news among the barrage of statistics is that at... MORE
High-Level Trips Underscore Serbia’s Importance to Russia
Despite the distractions of other crises the Russian government continues to plow ahead with its designs for the Balkans, particularly the intended South Stream pipeline. In its quest for renewed influence in the Balkans, Serbia has emerged as an important partner for Russia. And to... MORE
Japan’s Approach to China’s Control of Rare Earth Elements
Japan has been dealt a number of blows over the past few years which have put the country’s high-tech production capacity at risk. Most recently the massive earthquake and subsequent tsunami that hit Japan in March has directly affected production efforts through rolling blackouts and... MORE