Latest Articles about Economics

Belarus: Attractive Inside, Not Always Out

No darling of the Western media, Belarus suffers from a peculiar imbalance between two kinds of reporting about it. Much more is written about Belarus’s Soviet legacy and its relationships with external centers of power, Russia and the European Union, than about the actual developments... MORE

Mongolia’s Prime Minister Ousted for Failure to Resolve Economic Woes, Corrupt Practices

Mongolian politics were shaken on November 5, when the parliament voted to dismiss Prime Minister Norov Altankhuyag for not addressing the country’s drastically slowing economic growth, plunging foreign investment, and alleged corruption and cronyism. Altankhuyag’s administration, self-labeled the “New Government for Changes,” collapsed after serving... MORE

Economic Warfare in the Russian-Ukrainian Conflict: Crimea

Russia’s “hybrid warfare” concept embraces economic warfare as one of its key elements. Yet, less attention has been paid to the details of the economic war between Russia and Ukraine in the conflict over Crimea and parts of Donbas (eastern Ukrainian region encompassing Luhansk and... MORE

China’s Railway Diplomacy in the Balkans

In November 2013, China, Serbia and Hungary signed a Memorandum of Understanding (MoU) for the construction of the Hungaro-Serbian High-Speed Railway (HSR), connecting Belgrade and Budapest by rail to facilitate transporting Chinese exports from Greek ports to European markets. First proposed by Beijing in February... MORE

Putin Steals the Asia-Europe Show—and Brings Big Disappointment

The most recent Asia-Europe Meeting (ASEM) summit attracted a sizeable crowd of world leaders to Milan last week (October 16–17), but the formal agenda was overtaken by the efforts to manage the violent conflict between Russia and Ukraine and facilitate dialogue between presidents Vladimir Putin... MORE