Latest Articles about Economics

Wagner PMC Recruits Russian Criminals and Convicts for War in Ukraine
On August 14, the Ukrainian town of Popasna (Luhansk Oblast) was hit by US-produced and Ukraine-operated M142 HIMARS complexes, reportedly causing severe damage to the locally headquartered private military company (PMC), the Wagner Group (Mil.in.ua, August 14). As a result of the attack, more than... 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

Ukrainian Strikes Cause Moscow to Re-Think Munitions Supply and Logistics (Part One)
Since 2014–2015, Russia has built dozens of ammunition depots hidden in civilian buildings near railway stations in the occupied parts of Ukraine. Russian logistics warehouses are almost always located near railways, since the Russian military has been experiencing a serious shortage of logistics units, especially... MORE

New Russian Naval Doctrine Assigns Expanded Role to Caspian Flotilla
When President Vladimir Putin signed Russia’s new naval doctrine on July 31, most commentators, both in Moscow and abroad, focused on his ambitious plans for Russia’s blue water navy and especially its expansion into the Arctic. One aspect of the new doctrine, however—its elevation of... MORE

Putin’s Next Miscalculation: Russia’s Readiness for a Long War
As Russian aggression against Ukraine approaches the half-year mark and combat operations appear to be at a standstill, a new calculus has been developed in the Kremlin: A long war suits Moscow’s interests and can eventually be won. This self-serving proposition follows the failure of... MORE

The 20th Party Congress: Xi Set to Score Big in Composition of Next Leadership Corps
Introduction Despite the resentment among many top cadres against the personality cult that has been relentlessly built up around President and commander-in-chief Xi Jinping, the Machiavellian infighter is expected to remain on top when seats for the Politburo and other top-level leadership bodies are unveiled... MORE

With an Eye on Tibet, China Reacts Warily to Warming U.S.-Nepal Ties
Introduction U.S. Under Secretary of State for Civilian Security, Democracy, and Human Rights Uzra Zeya’s three-day visit to Nepal in May evoked a strong reaction from China. During the visit, Zeya, who is also President Joseph Biden’s Special Coordinator for Tibetan Issues, met with an... MORE

Russia’s Ferrous Metallurgy Industry Faces First Impacts of Economic Sanctions
On July 20, speaking at the annual assembly of manufacturers and entrepreneurs in Lipetsk Oblast, Vladimir Lisin, chairman of Novolipetsk Steel (NLMK)—first among Russia`s four steel-producing giants and one of the largest steel-producing companies in the world—remarked that the Russian ferrous metallurgy industry in general... MORE