Carnegie Endowment for International Peace
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Abkhazia, Transdniestria, and northern Cyprus, three unrecognized statelets in Europe that arose during conflicts in the twentieth century, have endured for decades. Despite many problems, they are self-governing and stable, and they show no signs of collapsing.
With global trade talks stalled and lower demand from major economies that were hit hard by the global economic crisis, three regions—Eastern Europe, Latin America, and East Asia—are managing to increase trade within their borders and building a broader free trade system.
President Obama has placed a greater emphasis on the need for a regional approach to Afghanistan. Leading experts analyze what a regional strategy would mean in practice through the eyes of key states, including Russia, Iran, Pakistan, and India, and what it could mean for U.S. policy.
There is no single solution to the financial crisis for middle-income countries, but fundamental labor markets reforms that create high-paying jobs are key to restarting economic growth.
This report focuses on three areas, economic development strategy, the elaboration of a new tax code and further improvement in governance. The single most important issue for the next year is that Kyrgyzstan achieves a large reduction of its public foreign debt in the Paris Club in the spring of 2005.
Ever since the Soviet Union collapsed, the independent states that emerged from the wreckage have tried to sort out their trade relations. But the flow of goods between countries continues to contract even more than it should. What is needed is free trade.
The foucs of economic policy in the Kyrgyz Republic should be economic growth. The main tasks should be to expand exports, primarily by opening up the Kazakh market, and stimulating supply through further reforms in governance and taxation.