Latest Articles about Economics
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Sunflowers in Springtime: Taiwan’s Crisis and the End of an Era in Cross-Strait Cooperation
With two years left in the second and last term of Ma Ying-jeou’s presidency, Taiwan has been embroiled in a political crisis since March 18 that will have serious, and possibly long-lasting, repercussions on the dynamics within Ma’s Kuomintang (KMT) and the island’s relationship with... MORE
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Kazakhstan’s New Prime Minister to Fix Economic Problems
On April 2, Kazakhstani President Nursultan Nazarbayev accepted the resignation of Prime Minister Serik Akhmetov who had headed the country’s government since September 2012. On the same day, the president met with leaders of parliamentary groups to discuss the candidacy of a new prime minister.... MORE
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International Isolation Begins to Affect Russia
As the charged pause in the Russian-Ukrainian conflict drags on, policymakers in Moscow discover that their bold breakthrough into the territory beyond the boundaries of international law has brought rather unexciting consequences. Last Monday (March 31), President Vladimir Putin called German Chancellor Angela Merkel, seeking... MORE
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Will Western Sanctions Damage Russia’s Global Nuclear Energy Business?
As the West prepares economic sanctions against Russia for its actions in Ukraine, the head of the government-owned State Atomic Energy Corporation (Rosatom) nuclear complex, Sergei Kirienko, said that Russia’s nuclear industry contracts with other countries could be affected, observing, “Considering an array of comments... MORE
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Chechnya’s Ramzan Kadyrov Promises to Invest in Crimea Despite his Financial Dependence on Moscow
Shortly after the swift proclamation of Crimea’s short-lived independence, Ramzan Kadyrov announced that Chechnya would invest in Crimea and build close ties with it. However, Kadyrov’s notorious reputation is more likely to repel the residents of Crimea than win them over. On March 16, as... MORE
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Russian Authorities Step up Efforts to Disrupt North Caucasus Insurgency’s Financing
On March 19, Russian Security Council Secretary Nikolai Patrushev held a government meeting in Grozny, Chechnya. Two primary issues were discussed—disrupting the financial channels that feed the insurgents in the North Caucasus and developing additional measures to prevent extremist outbursts in the Russian Federation and,... MORE
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How Developments in Ukraine Affect Belarus
The hottest issues for Belarus these days are prospects for further economic growth under new conditions—in part informed by Russia’s annexation of Crimea and Belarus’s official position with regard to this groundbreaking event. Even before the crisis in Ukraine, Belarus faced dwindling economic growth, an... MORE
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Russian Opposition Leader Says Russia’s Actions in Crimea Could Boomerang
On March 13, Alexei Navalny, arguably the most popular Russian opposition figure, weighed in on the crisis surrounding the Ukrainian peninsula of Crimea. Pointing to the fact that the Russian government does not allow the Russian people to hold referendums inside the country, Navalny asked... MORE
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Foreign Policy Implications of Mongolian Crony Democracy
Though considered a healthy—albeit developing—democracy (https://www.osce.org/odihr/elections/105158; https://www.santmaral.mn/en/publications), Mongolia has in recent years become dominated by the competing interests of its political and business factions, whose collective actions undermine the country’s democratization trends as well as complicate Ulaanbaatar’s foreign policy. For now, Mongolia resides in a... MORE
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Russian Companies Say Moscow Stopped Urging Them to Invest in the North Caucasus
On March 6, the government-funded company Northern Caucasus Resorts reported that the Russian Ministry for Regional Development approved including the Veduchi multi-purpose resort project in Chechnya’s special economic zone. The decision opens the way for investing in this enterprise under preferential conditions. According to the... MORE