Latest Articles about Economics
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Medvedev Attempts to Rally Support in Davos for Russia’s “Modernization”
The privilege of addressing the opening session of the World Economic Forum (WEF) in Davos is valued highly by the Russian President, Dmitry Medvedev, who interprets this as international recognition of the business correctness of his “modernization” course. Following today’s bombing of Domodedovo airport in... MORE
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The Law on Russia’s Federal Budget for 2011
On December 24, 2010, the Russian government’s official newspaper, Rossiyskaya Gazeta, finished the publication of Russia’s Federal Law of December 13, 2010 No 357-FZ “On the Federal Budget for 2011 and the Planned Period of the Years 2012 and 2013,” which it had begun publishing... MORE
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Corruption Rules in Russia Despite Medvedev’s Exorcism
Russian President Dmitry Medvedev started the year that will decide his political fate by reviving his campaign against corruption, and on January 13 he chaired a meeting of the Anti-Corruption Council. Medvedev opened the proceedings with the half-hearted admission that “our successes in this sphere... MORE
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Uzbekistan’s Growing Role in Beijing’s Central Asian Strategy
The People's Republic of China (PRC) is pursuing a variety of objectives in Central Asia. These objectives include securing regional states' support in suppressing anti-Beijing Uighur nationalists and potential terrorist threats, giving Chinese firms access to energy resources as well as trade and investment opportunities,... MORE
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Chinese SOEs a Target of Hu-Wen’s “Inclusive Growth”?
Promoting social equality and justice has been the single most oft-stated commitment that the Chinese leadership has made to its people the past year. In an interview with China National Radio late last month, Premier Wen Jiabao vowed to "render society more fair and just."... MORE
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Turkey Seeks Cheap Energy and Peaceful Nuclear Technology to Sustain Economic Growth
Energy policy continues to dominate Turkey’s political agenda, as the Turkish Energy Minister, Taner Yildiz, has outlined various projects to address the country’s energy needs. Yildiz found the performance of the Turkish energy sector in 2010 satisfactory, in many respects; the increasing energy generating capacity;... MORE
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Azerbaijan Opens New Water Pipeline
After almost four years of construction, the Oguz-Gabala-Baku water pipeline was inaugurated on December 28, 2010. Costing almost $1 billion, the pipeline is already termed by many in Azerbaijan as the “second BTC,” referring to the strategically important Baku-Tbilisi-Ceyhan pipeline built a decade ago to... MORE
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Davutoglu Outlines the Contours of the New Turkish Foreign Policy
The Turkish foreign ministry is currently holding its third ambassadors’ conference, entitled “Visionary Diplomacy: Global and Regional Order from Turkey’s Perspective,” which brings together diplomats serving in Turkish missions worldwide. These conferences, held since July 2008, have been a major component of Ahmet Davutoglu’s agenda... MORE
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Putin Markets Russia Globally as his Success Story: International Events Highlight Internal Development
The decision by FIFA to grant Russia the right to host the 2018 Football World Cup was met with enthusiasm within the country and with sobering comments around the world (EDM, December 6). Prime Minister, Vladimir Putin, a driving force behind Russia’s effort to host... MORE
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OSCE Summit Highlights Gaps and Prospects for Regional Security
When the Helsinki Final Act was adopted in 1975 to reduce tensions between East and West during the Cold War, few believed in its potential to transform the international security architecture by way of advancing border stability and human rights. Yet, the Helsinki Final Act... MORE