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Europe Politics

Eurasian Economic Union gains momentum

As the Eurasian Economic Union continues to gain momentum, interested parties are lining up and critics are speaking out. Despite the continuing unrest in Eastern Ukraine, economic integration processes are continuing

Economics Europe

Self-imposed food embargo hurts Russian consumers

The ban on European and American food imports to Russia may not be as beneficial for Russian companies as President Putin hopes. Many of them are dependent on imports of raw materials, and

Economics South and Central Asia

Kazakh currency devaluation triggers fuel shortage

The devaluation in February of Kazakhstan’s currency, the tenge, could have far-reaching effects on the availability of fuel in Kyrgyzstan and Tajikistan. On February 11, 2014, the National Bank of

Economics International

Sino-Russian gas deal: Alliance or partnership?

Does the recent gas deal between Russia and China signal a broader geopolitical alliance between the two countries, or is it simply an economic partnership? The recent announcement of a

Europe South and Central Asia

Putin wins with Eurasian Economic Union

Russia, Kazakhstan and Belarus recently agreed to establish the Eurasian Economic Union. Like the Custom Union before it, Russia looks to benefit the most. On May 29, Russian President Vladimir Putin,

Economics South and Central Asia

Kazakhstan to increase privatization of state-owned companies

Privatization could stimulate foreign investment and aid in the growth of the Kazakh economy, but not without major challenges. Kazakhstan has announced a wave of privatization to bolster foreign investment

Economics South and Central Asia

Kazakhstan seeks larger China-Europe transit trade share

Kazakhstan is in the middle of an ambitious railway modernization project that the Kazakh state hopes will upgrade its status as a transport hub in the middle of the Eurasian

Economics Europe

Belarus blames Russia for economic woes in trade war

A trade dispute between Russia and Belarus over potash threatens the stability of the Eurasian Customs Union and demonstrates once again how dependent Belarus is on its larger neighbour. Vladislav

Economics International

10 countries most improved in “Ease of Doing Business”

The top ten list of most improved countries in the new Ease of Doing Business report from the World Bank includes some surprising members. The World Bank has just put

Economics South and Central Asia

Kazakhstan Pegs Tenge to Foreign Currency Basket

Starting September 2nd, Kazakhstan will peg the tenge to a basket of foreign currencies, effectively ending the managed float that was put in place in March 2011. The basket will