Latest Articles about Economics
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The Kremlin’s Economic Mobilization
Following the “partial mobilization” of the Russian populace, huge losses in arms, as well as economic and budgetary imbalances, Moscow is facing the inevitable prospect of a complete economic mobilization. Since October 19, martial law has been implemented in the occupied and formally annexed Ukrainian... MORE
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No Surprises but Putin Reveals Frustrations at Valdai
The Valdai Club’s annual conference used to be a gala gathering of Western and international experts who appreciated direct access to Russian elites and expected to hear about new trends and ambitions in Moscow’s foreign policy from the traditional speech given by President Vladimir Putin.... MORE
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Uzbekistan: An Aspiring Transport Hub for Central Asia
Throughout the Russo-Ukrainian war and a period of tense relations between Russia and Kazakhstan, Uzbekistan has followed a proactive track of transport diplomacy to strengthen its geopolitical and geo-economic position through Eurasian rail trade. The main aim of Tashkent’s diplomacy is to transform itself from... MORE
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As War Rages in Ukraine, the German-Polish Schism Deepens
While German politics remained relatively stable under former Chancellor Angela Merkel and we may observe a certain level of continuity under her successor, Olaf Scholz, Polish politics have undergone a profound change since 2015, when the United Right (Law and Justice) took charge. This shift... MORE
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Recent Kremlin Policies Bog Down Russian War Effort (Part Two)
When it comes to industrial mobilization in Russia, it is necessary to underline a critical component: the degree of integration between military and civilian production. During World War I, 80 percent of military products were produced by civilian enterprises in Russia; by 1941, the share... MORE
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As Putin’s War Disrupts Eurasian Railways, China Investigates Alternatives
Russian President Vladimir Putin’s “special military operation” against Ukraine has severely impacted Eurasian transport logistics, particularly cargo traveling along the People’s Republic of China’s (PRC) Belt and Road Initiative (BRI) bound for Europe via Russian Railways (RZD). In 2021, China Railway Express (CRE), a subsidiary... MORE
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Diversity and Conflicts in Central Asia Limiting Chinese Expansion
Like most outside powers who have come to Central Asia, China has sought to treat the region as a single whole, a place from which it can extract natural resources and sell its own goods at a profit. The region represents a blank slate on... MORE
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Belarus at SCO: Searching for Wiggle Room
The latest summit of the Shanghai Cooperation Organization (SCO) in Samarkand, Uzbekistan, held on September 15 and 16, made numerous headlines in the international media (see EDM, September 19). Analysts watched two main summit developments most closely: how far its participants would go in asserting... MORE
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The 20th Party Congress: Xi Jinping Exerts Overwhelming Control Over Personnel, but Offers No Clues on Reviving the Economy
General Secretary Xi Jinping has scored an overwhelming victory at the recently concluded 20th Party Congress and the First Plenum of the new Central Committee. Xi’s picks for the Politburo and its Standing Committee consist of unalloyed supporters, but these officials are also largely apparatchiks... MORE
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Russian Air Power: Vanished or Overstated to Begin With?
Since the beginning of Russia’s aggression against Ukraine on February 24, the Russian Aerospace Forces (VKS) have not been able to demonstrate success, despite the huge modernization and rearmament efforts of the previous 12 years. The main causes here are not the mistakes of a... MORE