Search

This article analyses Kazakhstan's vision of long-term development and its ambitious goals. After revising the history of the infrastructure projects in the country during the tsarist period and the Soviet era, it sets out the plans of the Kazakh president, Nursultan Nazarbayev, to turn the country into a logistical hub between East and West by 2050. Later, the paper puts Nazarbayev's vision in the context of the political and economic reality of Kazakhstan, focussing, specifically, on how the government's multivector foreign policy fluctuates between Russia's regional integration projects and the Chinese push westwards to develop Xinjiang province along the new Silk Road. As a conclusion, it identifies the multiple goals that may put the future of this plan in doubt. [ABSTRACT FROM AUTHOR]

China's rapid economic growth and increased openness has been one of the most significant developments in the global economy over the past 25 years. This paper analyses Chinas impacts on the Latin American economies, and in particular the challenges that China poses for the region. It discusses both the direct impacts arising from bilateral trade and investment flows between China and Latin America, the indirect impacts associated with Chinese competition in export markets and for foreign direct investment, and the positive terms of trade effects resulting from Chinas increased demand for raw materials. Challenges identified include the recent rapid increase of competition from Chinese imports in the Latin American market, the concentration of exports to China in a narrow range of primary products and the uneven distribution of profits from trade with China within Latin America. [ABSTRACT FROM AUTHOR]