Latest Articles about Economics
Ukraine May Harm Itself by Slapping Sanctions on Russia
On September 10, Ukrainian President Petro Poroshenko signed into law a bill on sanctions against Russia (president.gov.ua, September 10). The law was published in official newspapers on September 11, which gave Poroshenko legal grounds to, as soon as September 12, slap sanctions on Russia for... MORE
The Rationale Behind Putin’s Visit to Mongolia Amid the Ukrainian Crisis
While on a several-day visit to the Russian Far East (see Jamestown Blog on Russia and Eurasia, September 9), Russian President Vladimir Putin spent less than six hours in Ulaanbaatar, Mongolia, on September 3. He took this trip amidst the ongoing crisis in Ukraine and... MORE
Minsk: Facilitating Peace, but Benefiting From Conditions Shaped by War
The September 5 Minsk meeting of the Contact Group (CG) on Ukraine that resulted in a ceasefire deal continues to reverberate in the global media as does the overall conflict in Ukraine. For Belarus, two sets of issues appear noteworthy: the statements of the meeting’s... MORE
An Equal and Opposite Reaction? Xi’s Grand Tour of the Americas
This July, Chinese President Xi Jinping embarked on state visits to Argentina, Cuba and Venezuela and attended a summit of the loose group of major developing countries known as BRICS (Brazil, Russia, India, China and South Africa) in Fortaleza, Brazil. This was his second trip... MORE
Rogun Dam Studies Set the Scene for Further Disputes Among Central Asian Countries
Last month (July 2014), a World Bank assessment explicitly approved the technical, economic and social aspects of the construction of the planned Rogun hydropower plant (Rogun HPP). The conclusions vindicate Tajikistan, which has hoped to build this hydroelectric dam for years. Uzbekistan, on the other... MORE
Belarus and the ‘End of Peace’ in Europe
On July 31, the international Contact Group, which aims to resolve the crisis in Ukraine (see EDM, July 18), met in Zaslavl, Belarus. It was attended by former Ukrainian president Leonid Kuchma, Russia’s ambassador to Ukraine Mikhail Zurabov, some representative of the self-proclaimed Donetsk People’s... MORE
Putin Picks the Worst of All Bad Choices
With the arrival of August, political expectations in Russia, informed by the long experience of setbacks and disasters, are turning negative. Second thoughts about the “victorious” war with Georgia that erupted six years ago blend with reflections on the centennial anniversary of World War I... MORE
Mongolian-Japanese Economic Partnership Agreement: Counterbalancing China and Russia
On the 40th anniversary of establishing bilateral diplomatic relations, Mongolia’s President Tsakhia Elbegdorj and Japan’s Prime Minister Shinzo Abe met in Tokyo on July 22, 2014, to sign a Joint Statement on affirming the final roadmap toward instituting an Economic Partnership Agreement (EPA). Aimed at... MORE
In Escalating Standoff With West, Russia Imposes Food Ban
In reply to Western sanctions over the Ukrainian crisis, the Russian government has announced a sweeping ban on the import of meat and meat products, fish and sea food, cheese, milk and milk products, as well as fruit and vegetables from the United States, the... MORE
Is Russia Resuming a Trade War Against Georgia?
The Russian government has announced the imminent suspension of the Free Trade Regime between the Russian Federation and Georgia, which had been in place since 1994, following Georgia’s accession to the Commonwealth of Independent States (CIS) (Civil Georgia, July 31). Moscow established the same regime... MORE