Afghanistan Analysts Network – English

Posts tagged: Economy

Economy

Profiting in Afghanistan

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The Washington Post, 14 April 2012 Another interesting contractor: The US Army Intelligence and Security Command (INSCOM) on Feb. 1 approved a $330 million five-month extension on a five-year contract that now totals $2.3 billion: It provides more than 8,000 interpreters working for US forces at 200 sites in Afghanistan. The company’s name is Mission […]

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Amount of dollars flown out of Kabul doubled last year

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Financial Times, 18 March 2012 Some interesting figures: Afghanistan’s central bank found that the amount of declared dollars flown out of Kabul doubled to $4.6bn last year; this was almost equivalent to Afghanistan’s 2010-11 state budget of $4.8bn. The sum amounts to more than $150 for each Afghan citizen, in a country with average per […]

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The Many Owners of Ashab Baba: Land conflict at the Ainak copper mine

Obaid Ali Thomas Ruttig

So far, after the (re-)discovery of Afghanistan’s mineral wealth, interest has concentrated on the macro-level – how to access and to market it, who won the tenders (and why not American companies*) – or on the cultural heritage aspect, how the Buddhist relics found at the Ainak copper mine can be protected. Now, micro conflicts […]

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Afghan cash buyers target Palm Jumeirah

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Arabian Business, 14 February 2012 ‘An estimated $8bn is believed to have been stashed away in Dubai by Afghan investors in recent years, according to experts. “They come and spend cash and they know what they want. They are mainly looking for the Palm. Just right now, we have two or three big negotiations that […]

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Afghan Investors Scared by Kidnapping Wave

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IWPR, 14 February 2012 Afghan businessmen claim that police and relatives of powerful officials have been linked to a wave of kidnapping and killing of colleagues. The Afghan Chamber of Commerce and Industry, ACCI, says 85 of its members have been killed or abducted since late March 2011, 20 more than in the preceding 12 […]

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Was $73 bn of Afghan aid wasted?

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Politico, 12 January 2012 A former US auditor throws a telling light on US aid (in-)effectiveness, pointing out that USAID ‘has struggled’ to keep NGOs (probably those famous for-profit NGOs) overhead costs ‘under 70 per cent’ and that ‘NGO’s raw accounting data is unaudited and unverified’. He also estimates that up to 15 per cent […]

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US cuts put British-backed Afghan hydropower project in doubt

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Guardian, 12 December 2011 Jon Boone reports about further possible set-backs for one of the signature infrastructure projects in southern Afghanistan.

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The International Community’s Engagement in Afghanistan beyond 2014

AAN Team

This new discussion paper by the Afghanistan Analysts Network (AAN) discusses the challenges for transition and the cost of a hasty and unconditioned international withdrawal. It particularly focuses on security, economy, political framework, reconciliation, governance, human rights and regional politics. The report, which is a result of the collaboration of key AAN contributors, emphasizes that […]

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Hope Amid Chaos: Mineral Resources & Afghanistan’s Economic Future

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Muftah, 31 October 2011 Article by IWA’s Javed Noorani discusses the opportunities, risks and pitfalls surrounding the extraction of Afghanistan’s mineral resources.

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Zalmay Khalilzad’s not-so-excellent Afghan oil adventure

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Foreign Policy (Oil & Glory), 6 October 2011 Zalmay Khalilzad and his son Alexander Bernard, who head Gryphon Capital Partners and who teamed up with Tethys Petroluem to bid for the Shiberghan oil fields, now complaining that the deal went to the Chinese.

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The Great Hindukush Gold Rush (2): Afghanistan is not Chad (yet?)

Thomas Ruttig

There is plenty of evidence from all over the world that indicates that mineral wealth can easily turn into a curse – environmentally, socially, politically and even economically. It also can exacerbate conflict, instead of alleviating it. A particular example is the Central African country of Chad*, and it should warn both the Afghan government […]

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The Great Hindukush Gold Rush (1): Another Silver Bullet

Thomas Ruttig

When last year the not-so-new news hit the headlines that Afghanistan possesses enormous mineral resources, a lot of eyes started to shine with joy. Some Afghan and foreign officials believe that they finally have found the Holy Grail for post-2014 Afghanistan: a resource from which the country can pay its own security and development costs, […]

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