Uzbek banks are making hay while the sun of reform is shining

Ben Aris in Berlin November 7, 2019

Uzbekistan is opening up to the world and the banking sector has been both in the forefront of the reform drive and also one of the main vehicles the government is using to dispense cash and manage the transformation.

EBRD: Pace of emerging Europe economic growth slows as global outlook weakens

EBRD in London November 6, 2019

The pace of growth in the EBRD’s emerging economies is slowing on the back of a weaker global economic outlook, and pressure from slower growth in the Eurozone and China, US/Chinese trade tensions and a contraction in world automobile production, acc

AFC: Capital Markets Reform is now a priority of Uzbekistan’s government

Scott Osheroff in Singapore November 3, 2019

On October 7, 2019 Uzbek president Shavkat Mirziyoyev held a meeting with several ministers, including the Capital Markets Development Agency, where he directed them to “consolidate all relevant laws into a single simple capital market law

Central Asia’s electricity network – underpowered and fragmented

Ben Aris in Berlin October 21, 2019

Power planners were left with major headaches when the demise of the Soviet Union caused all Central Asian Power System (CAPS) member states to scramble to remake their grids along national lines. However, pan-region ideas are now back in fashion.

Tajikistan’s massive Rogun hydropower dam: a blessing or a curse?

Ben Aris in Berlin October 18, 2019

Poorest Central Asian nation Tajikistan is in danger of defaulting on its first ever Eurobond as the construction of the giant Rogun hydropower dam gobbles up scarce resources.