Latest Articles about Economics

Russia Considers Continued Privatization

The Russian government plans to privatize a number of its state-owned companies, focusing on the energy and commodity sectors. However, the cabinet faces a challenging task to prove that the latest privatization efforts will be more efficient than earlier controversial moves to sell-off state-owned assets.Russia’s... MORE

Putin Ignores the Gathering Economic Storm

The volatile turbulence that battered the world economy last week should have passed Russia by, but it did not. Indeed, Russia is not burdened by a massive debt, is spared political feuds about budget cuts and is not even exposed to the looming Greek default;... MORE

China or the SCO: Who will supervise Afghanistan?

The Shanghai Cooperation Organization (SCO) summit at Astana on June 15, 2011 signalled Asia’s regional security order is slowly shifting as Afghanistan appears to be angling to become a new observer member in this decade-old Central Asian body (Ria Novosti, May 16). The Sino-Afghan relationship... MORE

“Closed” Kyrgyz-Uzbek Border: A Recipe for Clashes

On August 2, 2011 Uzbekistan closed the Divayram border crossing, located in Sokh enclave inside Kyrgyzstan. An important road artery for Kyrgyzstan’s Batken region passes through this enclave. Now, Kyrgyz are forced to bypass the enclave, adding 30 minutes or 40 kilometers to their journey,... MORE

Moscow Puts the Heat On Minsk and Kyiv

Moscow is piling the heat on Minsk and Kyiv to subordinate their economies, notably their energy sectors, to Russia and with that accept Russia’s political tutelage. In both cases, Moscow is using the instruments of its gas and its customs union (EurAsEc). EurAsEc has lent... MORE

Lukashenka Fires National Bank Chairman

On July 18, Belarusian President Alyaksandr Lukashenka dismissed the chairman of the National Bank of Belarus, Pyotr Prakapovich. Last month, Lukashenka asserted that the latter had “made mistakes” (Bloomberg, June 23). No replacement was announced, so in the meantime Yury Alymov continues as acting chairman.One... MORE

Time For Kyiv to Choose Between East and West

Although Ukraine has mended fences with Russia and made progress in the political association and free trade talks with the EU since Viktor Yanukovych’s election as president in February 2010, additional movement in both directions simultaneously is hardly possible. The multivector policy, which was chosen... MORE