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New Eastern Outlook

Economy

China held two forums on the implementation of the "Xinomics" concept

Two weeks after the meeting of the Chinese parliament, commonly referred to as the “Two Sessions”, held in the first half of March this year, two equally noteworthy forum events were held in Beijing and immediately afterwards in the resort town of Boao (on Hainan Island), attended by Chinese and foreign experts. The main theme of the latter was the implementation of a fundamentally innovative trend in the country’s economic policy, the main provisions of which had been outlined by the Chinese…

Vladimir Terehov

Bypassing Almaty: a railroad of continental importance?

According to the Statistical Service of Kazakhstan, the total volume of goods transported by rail between Kazakhstan and China reached 23 million tons as early as 2022 and grew by a record 22 percent last year. In view of this high volume of freight traffic and the clear upward trend, the Kazakh authorities are having to invest heavily in the development of new railroads in order to serve the growing freight volumes and enable the rapid and efficient delivery of goods through the country…

Boris Kushhov

Why is the Turkish economy stuck in a profound crisis...?

The Scottish aristocrat and British Prime Minister (1963-1964) Sir Alec Douglas-Hume once said: “There are two problems in my life. The political problems are insoluble and the economic problems are incomprehensible.” His words also reflect very closely the economic realities of modern Turkey. Recep Erdoğan and his Justice and Development Party (AKP) came to power in 2002 amid an economic crisis and widespread criticism of the economic policies of the previous government, led by Bülent Ejavit, which had seen the country’s GDP fall by 10 percent…

Alexandr Svaranc

Japan-Turkmenistan: a long-standing bilateral partnership and a bridge to Central Asian geopolitics?

Boris Kushhov

The West’s Technofeudalism Versus the BRICS Growth Forecast

Phil Butler

Mongolia’s 2024 budget: a continuation of recent trends

Boris Kushhov

Mongolian Prime Minister in Davos: Meetings and their outcomes

Boris Kushhov

Mongolia: A Key Block in the Eurasia Economic Engine

Phil Butler

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