Latest Articles about Economics

Russians Keep Nearly $1 Billion in Georgian Banks
Since the end of December 2022, all clients of Georgian banks, both Georgians themselves and foreigners, have received messages with a formidable warning that, if their deposits and accounts are used to violate Western financial sanctions against Russia, these accounts will be blocked without any... MORE

Russian Arms Production for Q1 2023
The published Pentagon’s leaks in April 2023 coupled with additional evidence of the growing deficit in arms for the Russian Armed Forces, from the pathetic Victory Day’s parade on Red Square to the confirmation of arms supplies being delivered from Iran and South Africa in... MORE

International Competition Over Turkmenistan’s Transport Routes Intensifies
As Turkmenistan has been closed off from the rest of the world for most of the period since 1991 and as Ashgabat’s commitment to neutrality has meant that it is not a participant in many multilateral forums, Turkmenistan frequently has been ignored in discussions about... MORE

Editor’s Note: Special Issue on Taiwan Under Siege
The last year has been a difficult one for Taiwan. The Russian invasion of Ukraine and the People’s Republic of China’s (PRC) intensification of diplomatic, economic, military and political pressure on Taiwan, along with disinformation, espionage and influence operations conducted through United Front work and... MORE

Belarus and Russia Advance Economic Integration (Part Two)
For two decades after the establishment of their Union State in 1999, Belarus and Russia benefited from the most integrated relationship across the post-Soviet space. Yet, many elements of further integration as laid out by the Union State treaty remained largely dormant until 2021 (see... MORE

Debating Sanctions Against Belarus: How to Fix the Broken Record?
At a recent event organized by the Belarusian service of Radio Free Europe/Radio Liberty (BSRL), the topic—“Can the West Exert Influence on Lukashenka?”—was debated between two analysts. Ryhor Astapenia, one of the debaters, earlier, had issued his critical account of Western policies vis-à-vis Belarus, in... MORE

Italy Builds Closer Ties to Uzbekistan
On April 26, 2023, Italian Minister of Defense Guido Crosetto visited Uzbekistan. He first met with the Minister of Defense, General Bakhodir Kurbanov, and the President’s Special Representative for Foreign Policy Affairs, Abdulaziz Kamilov, before concluding his series of meetings with President Shavkat Mirziyoyev (Difesa.it,... MORE

Russian Restrictions Foster FDI Boom in Kazakhstan
Since Russian President Vladimir Putin began his ill-fated “special military operation” (SVO) against Ukraine, subsequent international sanctions imposed in response produced the slowly mounting hemorrhaging of foreign firms based in the Russian Federation to other post-Soviet states, with many choosing to relocate to Kazakhstan. On April... MORE

Japan Quietly Playing a Growing Role in Central Asia
When the role of outside powers in Central Asia is considered, Japan is often not among them—despite the fact that it has a unique advantage which has opened the way to considerable success in the areas where Tokyo has employed it. It is an Asian... MORE

India: One of the Biggest Beneficiaries of the War in Ukraine
On April 10, during her first official visit to India after Russia launched its all-out war against Ukraine in February 2022, Ukrainian Deputy Foreign Minister Emine Dzhaparova urged the Indian government to diversify its energy and military resources. “We think that it is crucial to... MORE