Via The Conversation, a report on where the Taliban get their money: The Taliban militants of Afghanistan have grown richer and more powerful since their fundamentalist Islamic regime was toppled by U.S. forces in 2001. In the fiscal year that ended in March 2020, the Taliban reportedly brought in US$1.6 billion, according to Mullah Yaqoob, son of […]
Read more »Via Asia Power Watch, an article on China’s economic influence in Afghanistan in a Belt & Road context: As the historic intra-Afghan negotiations continue and the withdrawal of US troops is now in sight, there are plausible concerns about the future of Afghanistan, especially about China’s willingness to expand and consolidate its engagement in the country. […]
Read more »Via South Asia Investor Review, a look at Pakistan’s infrastructure investment: Pakistan led South Asia region and ranked 4th in the world in infrastructure investment commitments in the first half of 2020, according to World Bank’s “Private Participation in Infrastructure” report for the first half on the year 2020. Mexico led the pack with $4,016 […]
Read more »Courtesy of The Financial Times, an insightful look at a secret scheme to skim millions off central Asia’s pipeline megaproject: A Gazprom director profited from a secret scheme linked to the construction of a multibillion-dollar gas pipeline between central Asia and China, according to documents seen by the Financial Times. The documents indicate that staff and consultants […]
Read more »Via North Korea Economic Watch, commentary on some recent events suggesting a North Korean government crackdown against the market economy: Is the North Korean government cracking down on the market economy as such? I would argue that we are not quite there yet, but an ever-increasing number of news seem to be suggesting that economic policy […]
Read more »Via Eurasianet.com, a look at how Beijing has adopted a new economic model for Central Asia, investing less in major infrastructure and spreading its risk: Roads, pipelines, coal-fired power plants: not so much anymore. Beijing has changed course. It now rarely funds major infrastructure projects in Central Asia. Instead the People’s Republic has shifted to manufacturing: […]
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