Latest Articles about Economics
Seeking to Crack Western Unity, Putin Sinks Russian Economy
On the Donbas battlefields, Russian troops still strive to advance, but in the global arena of confrontation with the collective West, Russia keeps losing ground. A sequence of heavy blows breached Russian defensive geopolitical positions last week, and Moscow’s attempts at counterstrikes only aggravated the... MORE
No Choice but to Lie Flat: Youth Unemployment Surges in China
Pity the class of 2022. The job market in China has long been a gauntlet for college graduates as the country’s largely industrial economy does not generate sufficient opportunities in the knowledge industries to satisfy the career aspirations of its growing number of college graduates.... MORE
Divergent Economic and Ideological Visions Contend Ahead of 20th Party Congress
Introduction As the Chinese Communist Party (CCP) approaches its 20th National Congress, the economic downturn in China has opened a Pandora’s Box of theoretical debates on how to manage this crisis. Premier Li Keqiang recently suggested that the nation’s economic performance has been weak and... MORE
Polish-Ukrainian Relations Intensify as a Result of Russian Aggression (Part Two)
*To read Part One, please click here. Poland is one of the most engaged Euro-Atlantic actors in the West’s proxy war with Russia over Ukraine. The military, societal and humanitarian support Poland continues to provide Ukraine has pushed the two neighboring states to deepen their... MORE
Russian Experiment With De-Modernization Yields Negative Results
The post-Soviet transformation took Russia from a fledgling democracy to a corrupt autocracy, but, since the start of the war against Ukraine, the Kremlin has taken a new turn, which amounts to a resolute top-down effort at reversing what progress has been achieved in modernizing... MORE
The Purchase of F-16s: A Feasible but Thorny Turkish Mission in the US
Buying S-400 surface-to-air missile systems from Russia has become one of the main sources of dispute between Washington and Ankara. As a result of that purchase, Turkey was removed from the F-35 stealth jet fighter program in 2019; and the following year, it fell under... MORE
Azerbaijan’s Latest Steps Toward Becoming a Regional Digital Hub
After implementing a number of trans-Eurasian energy and logistics mega-projects, such as the Baku–Tbilisi–Ceyhan oil pipeline, Southern Gas Corridor and Trans-Caspian International Transportation Route, Azerbaijan has also strategically committed itself to policies designed to turn the South Caucasus country into a regional digital hub (see... MORE
Moldova’s EU Candidate Status Exacerbates Transnistria Tensions
Today or tomorrow (June 23, 24), Moldova is expected to formally be awarded the status of candidate for membership in the European Union. This outcome will not only emphasize the East European country’s increasing turn away from the Russian Federation and toward the West but... MORE
Belarus’s Geopolitical Uncertainties and Its ‘Civilizational Choice’
Uncertainty hangs over Belarus’s geopolitical situation. Will the Belarusian army eventually join Russia’s war effort? Will those issuing Western sanctions distinguish between Russia and Belarus? Are there any prospects whatsoever in mending fences with the West? Thus far, no definitive responses to these questions can... MORE
How Russia Can Be Defeated but Not Humiliated
The West’s fears of humiliating Russia too much by ensuring its defeat in the war against Ukraine run much more deeply than the unfortunate turn of phrase uttered in recent weeks by French President Emmanuel Macron (see EDM, June 13). Last Thursday (June 16), Macron... MORE