Courtesy of STRATFOR (subscription required), an interesting analysis of Iran’s efforts to revive its energy sector through foreign investment: Iran is preparing to formally open up its economy to Western investment, a prospect that has drawn the attention of the world’s biggest oil companies. But Tehran may have more difficulty reviving its oil and natural […]
Read more »Via Terra Daily, an interesting report on Iran’s retail “revolution” as malls sprout around the country: The traditional bazaar has long been the place to shop in Iran but despite years of sanctions a new generation has discovered a vastly different consumer experience: blatant, unapologetic Western-style consumerism. Instead of meandering markets echoing with the sound of […]
Read more »Via NK News, a report on North Korea’s “quiet” market reforms: Not everybody would agree, but it seems increasingly likely that Kim Jong Un and his administration (whatever that means) are executing a careful set of market-oriented reforms. These reforms bear some similarities to what the Chinese leadership did in the 1970s, though they are […]
Read more »Via Business Insider, a look at Egypt’s economic challenges ahead: In a few short years, if everything goes according to plan, Egypt will have new megaprojects, special investment zones and power plants fueled by the largest offshore gas field in the Mediterranean. But in the more immediate future, experts say the government needs to boost […]
Read more »Via Eurasia Review, an interesting analysis of Turkmenistan’s gas industry: At a time where global energy insecurity is high, an energy rich country such as Turkmenistan would be expected to be in near turmoil. The reality is the opposite for the Central Asian nation, however, as its gas sector continues to be the source of […]
Read more »Via North Korea News, an interesting history of market activity in North Korea: In the last five to seven years, a consensus has emerged among students of North Korea. Pretty much all now agree that since the mid-1990s, North Korea has undergone a dramatic economic and social transformation. The North Korean government remains remarkably reluctant to […]
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