Latest Articles about Economics

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

Will the North–South Transport Corridor Overshadow the Baku–Tbilisi–Kars Railway?
Azerbaijani President Ilham Aliyev’s official visit to Iran in early March 2017—his third in three years—was scheduled to include the testing of a section of a new railway along the Iran-Azerbaijan border. The Astara (Iran)–Astara (Azerbaijan) railroad is part of the North–South Transport Corridor (NSTC),... MORE

New Uzbek President Courts Moscow During State Visit
Uzbekistan’s new head of state, President Shavkat Mirziyaev made his first official visit to Moscow, on April 4–5. Though the visit was in fact the Uzbekistani leader’s third foreign trip as president, after traveling to neighboring Turkmenistan and Kazakhstan, Russian commentators nevertheless called it Mirziyaev’s... MORE

Philippines Choose Chinese Investment Over Territorial Defense
In early April, Philippine President Rodrigo Duterte made waves by promising to improve Philippine defenses on islands in the South China Sea. “We have to fortify. I must build bunkers there or houses and make provisions for habitation.” Renovation and expansion of facilities on Paga-Asa... MORE