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LONDON (TCA) — For people in the heart of Central Asia, and especially those bearing state responsibilities, determining one’s fears means looking south and determining one’s hopes means looking north and east. Governments now pin their hope on regional economic integration, but that remains easier to profess than to make it happen. Continue reading
BISHKEK (TCA) — Call it stabilisation, call it stagnation. Another year has passed in which Central Asia’s national economies remained aloof from overall collapse. For a badly needed breakthrough, drastic measures needed have been confined to conference rooms and far away from reality. Continue reading
BISHKEK (TCA) — Kyrgyzstan is going to discuss with Russia the reimbursement of funds spent for the construction of the Upper Naryn hydropower plants cascade, Aibek Kaliyev, head of Kyrgyzstan’s National Energy Holding said. Continue reading
TASHKENT (TCA) — As international attention is being focused on new foreign policy and economic priorities of the new Uzbek president, we are republishing this article by Umida Hashimova, originally published by The Jamestown Foundation’s Eurasia Daily Monitor: Continue reading
LONDON (TCA) — “Classical” cases such as the massive amounts of money embezzled by former BTA bank chief Mukhtar Ablyazov and ex-mayor of Almaty Viktor Khrapunov have been haunting Kazakh law enforcers for well over a decade. But white collar crime, meaning not bribes and extortions but straightforward swindle and theft, have become endemic in Kazakhstan during the last couple of years. Continue reading
BISHKEK (TCA) — In Kazakhstan, a crooked private entrepreneurial sector emerged in the early years of independence and “poisoned” the state-run part of the economy. In Kyrgyzstan and Tajikistan, the opposite happened as corrupt regimes entangled the private sector, forcing entrepreneurs to comply with white collar crime in state echelons and thus become involved in it themselves. The case of Uzbekistan is more complicated, since it appears to involve international fraud chains along with local culprits. Continue reading
