Tag "Uzbekistan"

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Economics South and Central Asia

Why is Central Asia dumping Russia for China?

Central Asia has long been stuck between a rock and hard place in terms of its geopolitical environment. A faltering Russia is leaving China the only game in town, and Central Asia is hitching its wagon to Beijing.

Power Brokers South and Central Asia

Nursultan Nazarbayev: bettering business in a rough economy

A GRI Power Brokers feature on President Nursultan Nazarbayev of Kazakhstan. Kazakhstan shows great promise in its positive economic impact, in large part due to the leadership and strategy of

Politics South and Central Asia

Modi’s subtle message to China

While Modi has reached out to China publicly in an attempt to foster a bilateral rapprochement, the Prime Minister’s recent visits suggest the undertaking of an aggressive political-economic stance on

Economics South and Central Asia

Uzbekistan’s electoral stability creates investment opportunities

The re-election of President Karimov for a 4th term spells continuation of rampant corruption, while Karimov is forced to reduce dependency on a Russia in crisis. However, the entailed political stability

Politics South and Central Asia

Kazakhstan becomes centrepiece in Eurasian diplomacy

In a phase of declining oil prices and economic storm in neighbouring Russia, Kazakhstan has engaged in intense diplomatic activity with the West and other Central Asian countries. Kazakhstan is

Finance International

Islamic finance expands into post-Soviet states

Experts have calculated that Islamic Banking will be a $2.1 trillion industry by the end of 2014. Governments across the former Soviet Union are increasingly turning toward Islamic Finance as

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

Economics International

Part I of IV: Why energy subsidies still exist despite inefficiencies

GRI Series on energy subsidies: Despite resolve to remove them, governments around the world continue to subsidize energy production and consumption. This series explores why. At the G20 Leader’s summit

Natural resources and energy South and Central Asia

Russia is eyeing China to expand energy ties with Asia

As Europe aims to diversify its energy sources, Russia is looking to the East to develop links with the more energy-prospective Asian markets. In June 2013, Russia’s oil giant Rosneft

Politics South and Central Asia

Uzbekistan’s business community torn by elite turf war

Uzbek businesses find themselves caught in the crossfire of an ongoing feud among the Central Asian republic’s ruling elite. Intrigue has rapidly developed as the health of Islam Karimov, the