Latest Articles about Economics

Uzbekistan Accords Turkmenistan Status of Closest Neighbor and Partner
Three months since his election last December, Uzbekistan’s President Shavkat Mirziyaev made his first official trip abroad, visiting neighboring Turkmenistan on March 6–7. The visit put an end to rampant speculation about where his maiden foreign trip would take him. Some, for instance, had expected... MORE

Belarus Policies and Their Existential Jetlag
Belarusians continue to protest the presidential decree on social parasites (DSP). Already, President Alyaksandr Lukashenka has backed off, if only in part. Short of abandoning the infamous decree altogether, he postponed its implementation by one year. At the same time, three opposition leaders who tried... MORE

Renewable Energy and the PLA’s Next Generation of Self-Sufficiency (Part 2)
Part One of this series examined the state of renewable energy in China and the connections between civilian and military industry partners. Part Two looks in detail at the PLA’s developing energy strategy both on the mainland and, increasingly on offshore islands at the center... MORE

Southern Gas Corridor Seeks Financial Backing Amidst Volatile Oil Prices
During the third ministerial meeting of the Southern Gas Corridor (SGC) Advisory Council, held in Baku, on February 23, the European Commission’s vice president for the Energy Union, Maroš Šefčovič, encouraged international financial institutions to bankroll the SGC project (Trend, February 23). Amidst volatile oil... MORE

Kremlin’s Hopes for a ‘Post-West’ World Order Recede
Just a couple of months ago, things looked to be going thoroughly President Vladimir Putin’s way. The 2016 elections in the United States gave the presidency to Donald Trump—a flamboyant real estate mogul and reality TV star, a nationalist and an isolationist. Throughout his campaign,... MORE

Ukraine Showcases Advanced New Air-to-Ground Rocket Munition
Ukrainian President Petro Poroshenko announced, on February 11, that Ukroboronprom (a state-owned association of multi-product enterprises in the defense industry) has successfully tested a new type of domestically produced air-to-ground rocket with impressive technical characteristics (Pravda.com.ua, February 11). This 80 millimeter caliber munition can be... MORE

Food Security and Chinese “Comprehensive National Security”
On February 6, China published “Central Document No. 1”, its annual statement of agricultural policy. Two weeks later, on February 20, China's Ministry of Agriculture (MOA) announced that it will begin its annual moratorium on fishing starting on May 1 (MOA, February 20). Though on... MORE

China and Saudi Arabia Solidify Strategic Partnership Amid Looming Risks
While the wider Middle East remains convulsed by conflict and instability, China’s influence and interests in the region continue to expand in a familiar pattern. As the world’s largest consumer of energy overall and the world’s second biggest importer of crude oil, China’s Middle East... MORE

Renewable Energy and the PLA’s Next Generation of Self-Sufficiency (Part 1)
This is the first in a two-part series on Chinese energy security and renewable energy. In December 2016, China unveiled one of its most ambitious renewable energy (可再生能源) initiatives thus far with plans to invest over $360 billion as part of the Chinese National Energy... MORE

Russia’s Sarmat ICBM Faces Development Problems
The Russian budget for 2017–2019, which the State Duma (lower chamber of parliament) adopted last December, predicts that federal budget revenues will continue to decline in the next three years and will drop to 15 percent of GDP by 2019. This would be the lowest... MORE