Latest Articles about Economics

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

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

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