Latest Articles about Economics

Gray Clouds and Silver Linings—A Net Assessment of the Situation in Belarus Since the Start of 2014
Throughout 2014, four major phenomena have affected Belarus—the war in Ukraine, the formation of the Eurasian Union, a new thaw with the West, and a slowing of economic growth. These phenomena are inter-related. For example, slower growth is, to some extent, caused by Russia’s and... MORE

Few Successes and Many Disappointments—A Net Assessment of Developments in Georgia Since the Start of 2014
To date in 2014, Georgia has not experienced anything as cataclysmically destructive as the 2008 Russian-Georgian war. However, this year has not been particularly successful either. And prospects are low that this negative trend will improve much in the coming two months, before the year... MORE

De-Modernization and Degradation—A Net Assessment of Russia’s Domestic Situation Since the Start of 2014
Considering Russia’s shocking transformation in the course of just half a year, it is easy to forget that last February the country was united in the joy of hosting the Sochi Winter Olympic games. The issues that dominated the political agenda at the start of... MORE

Caspian Summit Increases Russia’s Regional Power
On September 29, the presidents of the Caspian littoral states—Russia, Kazakhstan, Iran, Azerbaijan and Turkmenistan—attended the fourth Caspian Summit, held in Astrakhan (TASS, kremlin.ru, September 29). This year’s meeting of the heads of state once again produced no definitive five-way agreement to effectively delineate Caspian... MORE

Testing the Limits: China’s Expanding Role in the South Sudanese Civil War
South Sudan relapsed into war on December 15, 2013, primarily due to the power struggle between South Sudan President Salva Kiir and former Vice President Riek Machar. China once again found one of its sizable foreign investments—particularly in the oil sector—embroiled in local political turbulence.... MORE

China’s Silk Road Strategy: A Foothold in the Suez, But Looking To Israel
China plans to develop a Silk Road economic belt that spans the Eurasian continent and a maritime Silk Road that links the Pacific with the Indian Ocean. We can see on a map that the two Silk Roads will cross in the Middle East region,... MORE

Russian Banks Face Dim Prospects as Ukraine Crisis Lingers
With the diplomatic standoff between Russia and the West over Ukraine still far from reaching a resolution, and as Moscow continues to support the separatist movements in eastern Ukraine’s Donetsk and Luhansk provinces, the Russian economy keeps sliding into a recession. The International Monetary Fund... MORE

Lukashenka’s Moldova Visit Raises Hopes for Temporary Solution to Russia’s Agricultural Ban
After the Russian Federation banned, in July 2014, the import of a large list of Moldovan agricultural products, Moldovan businesses have continually looked for solutions. In particular, Belarus has become one of the identified commercial vents for these barred Moldovan exports. Moldova’s Prime Minister Iurie... MORE

Uzbekistan Seeks to Reinvigorate Its Diplomatic Clout in the Region (Part One)
Tashkent’s recent diplomatic efforts to serve and actively pursue its vital national interests may best be described by the mantra “a strategy is always square, but tactics are always round.” The attendance of the president of Uzbekistan, Islam Karimov, at the most recent summit of... MORE

Russo-Japanese Ties Remain a Casualty of War With Ukraine
Russian ties with Japan have clearly suffered serious damage due to Moscow’s aggression against Ukraine. Apparently, there will not be a visit by Russian President Putin to Japan anytime soon, despite previous wishes for such a trip by both sides (Asahi Shimbun AJW, September 24).... MORE