Latest Articles about Economics

Georgia Positions Itself as Mediator Between Armenia and Azerbaijan

On October 26 and 27, Tbilisi hosted the fourth annual Silk Road Forum. The forum brought together about 2,000 guests from 60 countries to discuss global economic challenges and prospects for cooperation (Report.az,  October 26). International interest in the event skyrocketed after Russia’s full-scale invasion... MORE

Russia Tries and Fails to Gain a Foothold in Asia-Pacific

Few prospects worry Moscow more than a potential reduction of tensions between the United States and China. Such a development, even if half-hearted and temporary, would threaten a curtailment of Beijing’s support for Russia in the international arena—at least from Moscow’s perspective. The Asia-Pacific Economic... MORE

Mongolia’s Expanding Cooperation With China Has Limits

Mongolia is currently updating the country’s national security concept, and managing relations with Russia and China remains foundational (Ikon, September 27). At the end of October, Mongolian President Khurelsukh Ukhnaa, Russian President Vladimir Putin, and Chinese Communist Party General Secretary Xi Jinping met on the... MORE

Belarus Finds Economic Optimism Amid Political Freeze

On November 3, Belarusian President Alyaksandr Lukashenka paid a visit to Astravets, the site of Belarus’s nuclear power plant located 15 kilometers (about 9 miles) from the Lithuanian border (President.gov.by, November 3). The visit was arranged in concert with Russian energy corporation Rosatom completing the... MORE

China Expands Its Political Influence in Russia East of the Urals

Beijing is increasing its political influence in Siberia and the Russian Far East to better support its expanding economic activities. These efforts are directed at the political and business elites who are the major stakeholders in deciding which firms can operate in their respective regions... MORE

The Rise of Prison Labor in the Russian Economy

Moscow’s war against Ukraine has resulted in serious military and economic losses for the Russian Federation. The Kremlin has tried to mitigate the effect of stringent Western sanctions through a combination of non-compliance with the oil price ceiling, evading sanctions via third parties, and high... MORE

Hong Kong: The Keystone in China’s Economic Statecraft

The recent decision by Hong Kong to join China in banning Japanese seafood took many observers by surprise (Reuters, August 23). At first glance, the ban seemed an overblown reaction to Japan's handling of nuclear wastewater, which many international bodies have deemed safe and compliant... MORE