Latest Articles about Economics

The Cost to Ukraine of Crimea’s Annexation

The Ukrainian government has apparently understated its possible economic losses caused by Russia’s annexation of the Crimean peninsula. According to a recent valuation by the Ukrainian Ministry of Environment and Natural Resources, Russia seized an estimated 127 billion hryvna ($10 billion) of assets in Crimea,... MORE

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

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

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