Latest Articles about Economics

The Stable Door and Chollima: Chinese Computers and North Korean IT
In early 2016, Chinese border authorities reportedly cracked down on exports to North Korea due to irritation over Pyongyang’s nuclear weapons and missile tests. Despite these and previous sanctions, computers and electronics appear to be freely available in Pyongyang. Such electronics play a vital role... MORE

Taiwan-Japan Ties Deepen Amid Chinese Assertiveness
If there is one issue leaders in Taipei and Tokyo can find common ground on, it is China’s destabilizing and assertive behavior. Beyond the impact of Chinese actions within the region, both Taiwan and Japan also share an economic dependency upon the mainland Chinese market.... MORE

Belarus the Object of Two Peculiar Tugs of War
Although Belarus has resolved its argument with Russia about the price of natural gas, the parameters of this resolution are still subject to different interpretations. The two sides have apparently not yet reached a consensus on the scale of the price discount (if any) or... MORE

With Eye Toward 2018 Elections, Putin Spearheads Strategic Infrastructure Mega-Projects in Crimea
Though still two years away, the presidential elections in Russia are already on the minds of the political elite in Moscow. The sitting head of state, President Vladimir Putin, is constitutionally permitted to run again in 2018. And though most expect that he will, his... MORE

Can Belarus Overcome Its Economic Doldrums?
Facing a stalemate in its negotiations with Russia, Belarus unilaterally increased by 50 percent its tariff on the transit of Russian crude oil beginning on October 11. This is clearly a partial antidote to the lingering lack of bilateral agreement on the price of Russian... MORE

Belarus Suffers Economic Woes While Projecting Inner Tranquility
Belarus’s current economic situation is a cause for concern. The decline in GDP by the end of 2016 will amount to 3 percent. Between January and August, the country led the entire Commonwealth of Independent States (CIS) on inflation: retail prices have grown by 7.6... MORE

Western Sanctions and Russia’s Surprising Financial Trap
On September 30, trading on the Moscow Exchange pushed up the Russian ruble to 62.81 per US dollar, its highest recorded value for the current year (RT, October 3), marking a 31 percent appreciation versus the greenback since end of January 2016. The move reflected,... MORE

The End of the Line for the Trans-Siberian Railroad?
October 2016 marks the centennial of the completion of the Trans-Siberian Railroad (Trans-Sib), Russia and the world’s longest railroad line. Yet, no special celebrations are planned—in part due to Russia’s current economic difficulties, but also because that fabled railroad may be reaching the end of... MORE

Will Mirziyaev Initiate Long-Awaited Reforms in Uzbekistan?
With Prime Minister Shavkat Mirziyaev settling into Uzbekistan’s top spot as interim head of state following the death of President Islam Karimov (see EDM, September 8), questions have been mounting about the new leader’s background and what Mirziyaev-era Uzbekistan will look like. According to forecasts,... MORE

Russia Returning to Concept of Mass Mobilization
A snap inspection in late August, involving three military districts and the Northern Fleet, as well as the subsequent strategic exercise Kavkaz 2016, held in southwestern Russia on September 5–10 (see EDM, September 8, 13, 14, 15, 20), together seem to indicate a turning point... MORE