Economy

September, 2013

  • 23 September

    Ukraine Becomes China’s Largest Farmer in 3m Hectare Deal

    China will plough billions of yuan into farmland in Ukraine that will eventually become its biggest overseas agricultural project. The move is a significant step in China’s recent efforts to encourage domestic companies to farm overseas as China’s food demand grows in pace with urbanization. Under the 50-year plan, Ukraine will initially provide China with at least 100,000 hectares – …

  • 21 September

    Agriculture Trade Rules Must Protect World’s Poorest

    The Agreement on Agriculture negotiated in the Uruguay Round was expected to bring about a structural change in the global agricultural trade and lead to efficient agricultural producers. Yet despite several further rounds of negotiations there has been minimal progress on all issues related to the Agreement and agricultural trade continues to be distorted. Given the prevalence of these distortions and …

  • 21 September

    Mongolia Joins Shale Revolution, But at What Cost?

      This spring, Genie Energy signed an agreement with the government of Mongolia, under which its subsidiary will explore oil shale over a five year period. Statements to the press have spun the agreement as a way for the country to achieve energy independence from Russia, as Mongolia currently imports 90 percent of its petroleum needs from its neighbor. Estimates have put Mongolia’s oil …

  • 20 September

    Russia’s Pivot to Eurasia And The Battle For Ukraine

    Nearly one year after the APEC Summit in Vladivostok, Russia’s trade policy focus seems to have drifted away from the Asia Pacific. Russia has reverted to a relatively silent profile in APEC, showed ambivalence towards the economic dialogue with ASEAN, and suspended negotiations for an FTA with New Zealand after the last negotiating round was held in July 2012. There …

  • 17 September

    When The Water Runs Dry, The Ideas Flow

    STOCKHOLM: Droughts are rarely seen as a positive development. Historically equated with divine punishment, they can be fatal to local economies and human lives alike. But they can also provide a crucial test for water management systems, which – when they function effectively – may allow regions to shake off severe droughts that would have otherwise led to widespread loss …

  • 16 September

    Can Asia Go The Next Round on Economic Integration?

      Despite the slowing growth in some economies, Asia is still the most dynamic part of the world economy. Output, trade and incomes per head are still growing faster on average than in most other parts of the world economy. But there are threats to Asia’s economic growth on the horizon, not only because of the lingering malaise of industrial-country economies …

  • 14 September

    India Living Beyond Its Means

    After decades of low consumption, when simplicity, socialism and self-reliance were the watch-words, the Indian consumer's appetite, post reforms, knows no bounds. Everyone is fighting shy of angering the middle class that dominates the media and the social media intercourse. The not-so-remote control is with the India Inc.

  • 13 September

    Pakistan’s Water Woes

    While energy shortages, economic stagnation, terrorism and religious intolerance remain in the spotlight, water shortages pose one of the most significant threats to Pakistan. Regrettably, the Pakistani discourse on the subject remains in a state of delusion and is thus misdirected. In the 66 years since independence Pakistan’s per capita water availability has declined from 5000 m3 to 1000 m3 …

  • 11 September

    Dispatches from An Unfinished African Revolution

    After a struggle with white farmers over nearly two decades, Zimbabwe’s peasants are now owners of more than three-fourths of all agricultural land. The ZANU-PF’s success has been to take this autonomous movement and project this as an outcome of its policies.

  • 8 September

    Difference Between Water Scarcity and Drought

    Water scarcity and drought are two interrelated but distinct concepts. Despite widespread recognition of the important differences between the two concepts, there is no scientific agreement about the precise definitions of the terms water scarcity and drought.