Latest Articles about Economics

Chinese Citizens Challenge the Party’s Authoritarian Tilt
In what pundits have billed as a battle between David and Goliath, Chinese citizens appear to be pushing back on the all-powerful party-and-state apparatus that increasingly seems out of touch with popular aspirations. Efforts to challenge the Chinese Communist Party’s (CCP) supremacy are mounting even... MORE

Russia’s Drive to Form Global Energy Partnerships Hits a Bumpy Road
Russia’s efforts to ameliorate its energy sector by pursuing international partnerships suffered a sensitive setback as a planned mega-deal ended in an apparent failure.Plans of Russia’s largest oil firm Rosneft to implement a share swap agreement with BP failed to materialize. Until mid-May, BP and... MORE

Ukraine Drifting Away From Customs Union With Russia
Ukraine has sent Russia a clear signal that it is unconvinced it would benefit from membership in the Russian-dominated customs union more than from free trade with the European Union. The Ukrainian parliament instructed the government to prioritize the association and free trade talks with... MORE

The Dragon and the Mamba: China’s Growing Presence in Mozambique
In just the past three years, the People’s Republic of China (PRC) has established an impressive foothold in the former Portuguese colony of Mozambique in southern Africa. While China’s relations with Mozambique date back to the early 1960s when the Chinese Communist Party (CCP) supported... MORE

Ukraine Expels Czech Diplomats, Jeopardizing Talks with the European Union
Ukraine has expelled two Czech diplomats, explaining that they had gathered military secrets and hired local assistants who now face prison sentences. This is an extraordinary event as Ukraine has avoided scandals involving the expulsion of Western diplomats in the past. Moreover, this happened at... MORE

Integrating Belarus: Problems and Prospects
On May 5, the National Bank of Belarus, responding to pressure to devalue the Belarusian ruble, stipulated that by May 12, the exchange course with hard currency (the US dollar, the Euro and the Russian ruble) could increase from its current 8 percent depreciation rate... MORE

Russia Pressures Kazakhstan’s Ties With Georgia
Kazakhstan is increasingly uncomfortable within the Customs Union with Belarus and Russia due to the constant attempts by the Kremlin to politicize the structure originally intended to boost trade relations and ensure free movement of citizens, goods and capital within the union. Recently, Grigoriy Onishenko... MORE

India and Kazakhstan Bolster Their Strategic Partnership
On April 15-16, Indian Prime Minister Manmohan Singh and Kazakh President Nursultan Nazarbaev adopted a “Road Map” for 2011-2014 to strengthen the strategic partnership between India and Kazakhstan, signing seven agreements in areas as diverse as energy, cyber security, space exploration, education, and hi-tech development,... MORE

Inconsistencies Inhibit Moscow’s Attempts to Boost the North Caucasus Republics’ Economies
On May 4, Russian Prime Minister Vladimir Putin presided over a government meeting on the socio-economic development of the North Caucasus. Putin announced the decision to allocate nearly $2 billion for an investment protection fund for this risk-prone territory. In addition the government corporation for... MORE

China’s Policy Impasse: The Case of the “Green GDP” Initiative
China’s environmental problems are apparent to any visitor, and the statistics are striking: China is home to 20 of the world’s 30 most polluted cities, 90 percent of China’s rivers and lakes are polluted, and the Chinese government dealt with 580,000 environmental complaints in 2006... MORE