Latest Articles about Economics

Lithuania’s Role in the Northern Distribution Network

Located at the geographic center of Europe, Lithuania is ideally situated to become a regional transportation hub. Two strategic transportation lines cross Lithuania: the North-South highway and railway line connecting Scandinavia with Central Europe, and the East-West Transport Corridor between enormous eastern markets and the... MORE

China and Venezuela: Equity Oil and Political Risk

  Referring to the evolving political crisis in Venezuela, a Shanghai Academy of Social Science scholar, Zhang Jiazhe, recently remarked, if Hugo Chavez dies, “the diplomatic effect on China won’t be large because China-U.S. competition is in Asia not Latin America. Economically, China-Venezuela relations are... MORE

Russia May Gain in South Caucasus, as Georgian Government Wavers on Regional Railway Projects

On December 21, 2012, Georgian Prime-Minister Bidzina Ivanishvili dropped a bombshell, stating that ongoing construction of the Baku-Tbilisi-Kars (BTK) railway, connecting Azerbaijan to northeastern Turkey via Georgia, raised many questions about its economic efficiency and profitability for Georgia, regardless of the project’s geopolitical importance (www.geopalitratv.ge,... MORE

Why Russia’s Governors Are Speaking Out About Ethnic Problems

Last Thursday, facing a deteriorating ethnic situation in his own krai, Stavropol Governor Valery Zerenkov said that it was time to end “the policy of minimizing” such developments or ignoring them altogether. The authorities must start to report “objectively” about them, and “on the basis... MORE

China’s Growing Political Role in the Caucasus

China’s economic role in the south Caucasus is expanding rapidly, with Beijing’s investments in Azerbaijan alone now approaching a total of one billion US dollars and its bilateral trade with that country exceeding that figure on an annual basis. But as impressive as those figures... MORE