Out of steppe: Kirgyzstan faces opposition to new currency
Article Abstract:
Kirgyzstan on May 10, 1993 began issuing its own currency, called the som, and stopped dealing in rubles and US dollars. Pres Askar Akaev's unexpected action aroused internal opposition because of fears that the som would not be convertible in the other former Soviet Central Asian republics and that inflation would ensue. Several of Kirgyzstan's neighbors objected to Akaev's unilateral decision, particularly Uzbekistan which responded by closing the border stopping oil, gas and food shipments to Kirgyzstan. Economic cooperation among the Central Asian republics now appears unlikely.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Any excuse: host city Lahore throws itself a party
Article Abstract:
The Pakistani city Lahore found many colorful ways to celebrate hosting the Mar 17, 1996 final of cricket's World Cup, incidentally stirring outrage among conservative Muslim clerics. The country's political leaders joined movie stars, writers, tycoons, models, and others at a charity dinner and fashion show, the city's first black-tie ball, a polo match, and parties, while the colorfully festooned city hosted concerts, festivals, and more. India's absence from the finals may have improved public behavior.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Toil and trouble
Article Abstract:
The political and economic stability of the Central Asian republics hinges on the issue of land distribution. Food shortages, political strife and increasing poverty in the republics can be attributed to their governments' failure to implement policies meant to break up the collective farm system and to privatize agricultural land. The importance of land distribution can be gleaned from the large number of agricultural workers in Central Asia.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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