Latest Articles about Economics

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

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

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

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

The Humbling of the NDRC: China’s National Development and Reform Commission Searches for a New Role Amid Restructuring
It’s been a tough year for the National Development and Reform Commission (NDRC). The Chinese government’s central economic planning ministry dominated economic policy-making in the Hu-Wen era, and came to epitomize the model of state capitalism associated with their decade in office. The organization’s approach... MORE

India Unsettled by Proposed China-Pakistan Economic Corridor Through Kashmir
On February 26, Pakistani officials announced a step forward in China’s plans to construct a transportation corridor through Kashmir to the Pakistani port of Gwadar. Gwadar Port Authority chairman Dostain Khan Jamaldini briefed the Senate’s Ports and Shipping committee after attending the second meeting of... MORE

China and the Silk Road: Marching Westward
On November 29, 2013, an international cargo train Chang’an (“Lasting Peace”) departed from Xi’an, the capital city of Shaanxi province in central China, and traveled westward toward Central Asia. On December 9, after a journey of more than 5,000 kilometers, the 49-car train arrived in... MORE

Dutch Foreign Minister Visits Kazakhstan
On February 3, Dutch Foreign Minister Frans Timmermans made his first official visit to Kazakhstan. In Astana, he met with President Nursultan Nazarbayev, Speaker of the Senate of Parliament Kassym-Jomart Tokayev, Deputy Prime Minister Bakhytzhan Sagintayev, Foreign Minister Erlan Idrisov and other senior Kazakhstani officials... MORE

Moldova’s European Choice Vulnerable to Russian Economic Leverage
Russia’s economic leverage on Moldova has tended to diminish in recent years, but it remains strong on several key dimensions, and can be used with short-term devastating consequences, if the Kremlin decides to use this leverage punitively. The European Union and the Moldovan government worry... MORE

Falling Coal Prices Help China’s ‘New Silk Road’ Win Over Mongolia
Mongolia’s Minister of Foreign Affairs L. Bold made an official visit January 16–21, 2014 to the PRC at invitation of his counterpart Wang Yi. The most interesting result from the trip may have been the fact that it was widely covered by Chinese media, while... MORE