Latest Articles about Economics

Putin’s Choices in Ukraine: Retreat, Attrition or Escalation

The long-promised Ukrainian counteroffensive in the south has not yet delivered any breakthrough, but it still signifies a critical turning point for the war: Russia cannot hope to win by sticking to the pattern of trench warfare and artillery duels. Some “patriotic” commentators have suggested... MORE

NATO and EU Strive for Peace Amid Simmering Balkan Tensions

The presidents of Serbia and Kosovo, Aleksandar Vučić and Albin Kurti, respectively, failed to reach an agreement on August 18 during bilateral talks hosted by the European Union in Brussels. The negotiations specifically concerned vehicle license plates and travel documents. After the meeting, EU High... MORE

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