Courtesy of Frontier Strategy Group, an updated look at Angola: Since the end of its three-decade long civil conflict in 2002, Angola has registered strong growth fueled by crude oil exports, allowing high public spending and driving the emergence of the country’s consumer class. Since the oil price decline—and quick rebound—of 2009, the government has consistently […]
Read more »Courtesy of the Financial Times, a report on an ambitious pipeline plan between Pakistan and Iran: The removal of economic sanctions on Iran will clear the way for Pakistan to pursue an ambitious gas pipeline for eventually importing up to $2.5bn worth of Iranian gas annually, says Pakistan’s petroleum minister. Pakistan’s energy-starved economy currently has a deficit […]
Read more »Via NK News, a report on North Korea’s economy which notes that service and construction sectors showed remarkable improvement, while primary industry remained stagnant due to last year’s drought: The Bank of (South) Korea on Friday unveiled the North Korean economic growth rate, noting that its gross domestic product increased 1 percent in 2014 from the previous […]
Read more »Via BBC, an article on the Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline: For many, the Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline is nothing but a pipe dream. Its starting point is in Turkmenistan, one of the most isolated and closed-for-business states in the world, before it goes through war-torn Afghanistan and then reaches two countries that are hard to describe […]
Read more »Via Eurasia Review, a look at the energy objectives of Prime Minister Narendra Modi’s current tour of the five Central Asian republics: Prime Minister Narendra Modi’s current tour of the five Central Asian republics will signal whether India has the capacity to become a major power in Eurasia. Occurring half on his way to the July 9-10 […]
Read more »Via Foreign Affairs, an interesting review of a new book examining Africa’s economic past and future: Discussions about the fate of Africa have long had a cyclical quality. That is especially the case when it comes to the question of how to explain the region’s persistent underdevelopment. At times, the dominant view has stressed the […]
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