Latest Articles about Economics

Russia’s Demographic Collapse Is Accelerating

Most countries are slowly recovering from the disastrous demographic consequences of the COVID-19 pandemic, but Russia is not. Instead, as new data shows, the Russian Federation has resumed its long-term demographic decline (see EDM, September 13, 2016), a trend likely to intensify and profoundly affect... MORE

A Dilemma for US Peace Initiatives Between Armenia and Azerbaijan

In the period between the announcement of Washington’s “reset” policy toward Russia following the Kremlin’s invasion of Georgia in 2008 and its re-invasion of Ukraine in February 2022, the United States’ engagement with the South Caucasus was limited. During this time, US policies on the... MORE

Uzbekistan Grapples With the Specter of Anti-Western Tropes in SCO

On July 28–29, Tashkent hosted the Shanghai Cooperation Organization’s (SCO) Council of Foreign Ministers. This was the final rehearsal before the SCO summit scheduled to take place later this year in Uzbekistan’s historic city of Samarkand on September 15–16. The foreign ministers of all member... MORE

Belarus’s Economic Downturn

In mid-July 2022, Moody’s and Fitch—two of the three international credit rating agencies—declared that Belarus is in technical default on its debt. Government economists consider this qualification politically prejudiced (Sputnik, July 13). However, a technical default is only a deficiency in a loan agreement that... MORE