A new report discredits the concept of trickle-down economics, a theory that holds that if ultra-wealthy individuals receive tax breaks and other incentives, they will drive economic growth and promote prosperity for all. Instead of spreading the wealth, the global rich tend to sock their money away in off-shore tax havens, the study suggests.
When 21-year-old Myrza and his new bride received visas to travel to the United States in 2008, his relatives beamed. Myrza had just finished his junior year at the Kyrgyz National Law Academy, and he and his wife, Aiperi, had secured spots in a coveted State Department-sponsored program.
It’s clear that Russia and other authoritarian-minded, formerly Soviet states would like to turn out the lights on the Internet. Given their mood, an annual UN gathering, scheduled to be hosted by Azerbaijan in November, could emerge as a pivotal moment for web's future in Eurasia.
Economic growth in Central Asia and the Caucasus will remain relatively sluggish for at least the next 18 months, according to a new report issued by the Asian Development Bank.
Worldwide, 222 million women want to delay or avoid pregnancy but have no access to modern contraceptives. If they did, this would help prevent 21 million unwanted pregnancies; 79,000 maternal deaths and 1.1 million infant deaths.
A leading Russian newspaper is reporting that the Pentagon is in talks with three Central Asian states – Kyrgyzstan, Tajikistan and Uzbekistan – concerning the transfer of military equipment currently being used by American forces in Afghanistan.
The United States is facing some interesting diplomatic choices in South Asia. Washington is no doubt cheered by Turkmenistan’s recent commitment to ship natural gas via Afghanistan to India and Pakistan.
NATO leaders missed an opportunity during their recent summit in Chicago. In addition to trying to garner international support for an Afghanistan drawdown and stabilization strategy, they also should have considered the overlooked toll that the Afghan campaign has taken on the adjacent Central Asian states.
Vladimir Putin’s first full day back on the job as Russian president was a time for paying tribute to the Soviet past. Russia and other formerly Soviet states mark Victory Day on May 9.
In the post-Soviet age, Russia has relied on military muscle and energy dominance to help it achieve its foreign policy goals. Soft power, meanwhile, is something that has always been missing from Moscow’s diplomatic arsenal. But Vladimir Putin, the Kremlin’s resident macho man, now seems intent on putting a kinder, gentler face on Russia.