Latest Articles about Economics
Belarusian Foreign Policy: In Search of Economic Growth Opportunities
After the liquidation of the Independent Institute for Socio-Economic and Political Studies (IISEPS—see EDM, September 7, 2016), no polling agency, state-run or independent, has conducted and published regular national surveys. From time to time, however, the void is filled by reliable sources. Thus, in April,... MORE
Collapse of Russian Shipping in the Caspian Puts Moscow’s Regional Strategy at Risk
Since the start of 2017, the amount of cargo passing through Russian ports on the Caspian Sea has fallen, compared to last year, by 48.4 percent to only 1.1 million tons, according to the Russian Ports Association. This figure is striking given that Russian ports... MORE
Aging Apartment Block Demolitions Awaken Moscow Regionalist Sentiments
Last February, Russian President Vladimir Putin recommended to the mayor of Moscow, Sergei Sobyanin, that the municipal administration demolish the city’s khrushchevki—five-story apartment buildings built in the 1950s–1960s and colloquially named after Nikita Khrushchev, the Soviet General Secretary at the time. The current residents of... MORE
Ukraine Survives Without Coal From Russia-Controlled Donbas
In spite of a blockade on shipments of anthracite coal from occupied Donbas to Ukrainian thermal power plants (TPPs) since this past winter, the country has thus far avoided blackouts. Moreover, Ukraine has managed to increase power generation by 2.1 percent year over year in... MORE
Russia’s Reservations About China’s Silk Road
The One Belt, One Road summit, held in Beijing on May 14–15, was supposed to be a celebration of China’s major Eurasian developmental initiative (Xinhua, May 16). But at least to outsiders, it may not have turned out this way. European reservations hindered the acceptance... MORE
Thinking the Unthinkable: Are American Organizations in China Ready for a Serious Crisis?
Since the 2016 General Election, American relations with the People’s Republic of China (PRC) have followed a rollercoaster-like trajectory. Days before his inauguration, President Trump briefly reversed decades of predictable American conduct in a telephone conversation with Taiwan President Tsai Ing-wen and hinted a departure... MORE
China’s Global Power Projection Hit With “Strategic Overdraft”
Despite the tough challenges facing the Chinese economy, President and “core leader” Xi Jinping is going ahead with ambitious plans to project Chinese power worldwide including the landmark One Belt One Road (OBOR) initiative. Xi is expected to announce a new series of projects linking... MORE
Are the Littoral States Close to Signing an Agreement on the Legal Status of the Caspian Sea?
Moscow’s chief negotiator on the legal status of the Caspian Sea, Igor Bratchikov, stated, on April 14, at the international “Caspian Dialogue” forum in Moscow, that “the Convention on the Legal Status of the Caspian Sea is almost ready, and the absolute majority of provisions have... MORE
Popular Myths About the Belarusian Economy
Stereotypes reduce the complexity of the world into a few simple guidelines, which can enter everyday thoughts and decisions. For years, Belarus has been repeatedly labeled “Europe’s last dictatorship,” thus inhibiting deeper and more serious analysis of the country. Moreover, fighting this stereotype can prove... MORE
In Belarus, Rhetoric Not All That Matters
Since April 18, the news in Minsk has been preoccupied with how an employee of the Ministry of Internal Affairs’ Directorate for Combating Organized Crime stole $269,150 in cash from a safe at work. This money had earlier been seized by the Directorate from some... MORE