Latest Articles about Economics

China’s Contorted Response to Russia Sanctions

Introduction The unprecedented sanctions imposed on Russia in the wake of its invasion of Ukraine will devastate its economy, but the extent of the severity partially depends on China and how much economic aid it is prepared to extend. In the short term, surging commodity... MORE

Organized Crime on the Belt and Road

Introduction The continued rapid economic growth of the People’s Republic of China (PRC) in the past decade has brought greater commerce and investment to Asia through the Belt and Road Initiative (BRI). However, as China’s overseas economic footprint has grown, Chinese organized crime groups have... MORE

Armenia’s Attempts of Maneuvering Amidst the Russian-Ukrainian War

For a long time, given Armenia’s security predicament, attempts to avoid antagonizing Russia have been one of the key features of the country’s policy. Obligations deriving from Armenia’s membership in the Eurasian Economic Union (EEU), or the Russia-led Collective Security Treaty Organization (CSTO) have never... MORE

How Uzbekistan Views the Russian War Against Ukraine

Uzbekistan chose not to take sides in Russia’s war against Ukraine, as first announced by the Uzbekistan presidential administration when the war started and later demonstrated by Uzbekistan’s avoidance of voting on the United Nations’ resolution condemning the invasion of Ukraine. A neutral posture was... MORE

Ukrainian Public Organizations Help the Army Fight Russia

Despite warnings by American and British intelligence services that Russia was planning a full-scale attack on Ukraine, most Ukrainian people did not believe that Russian President Vladimir Putin would undertake a full-scale invasion. They were convinced an attack would mean a strategic loss for Moscow,... MORE

Iron Cannot Fight: Putin’s Military Dilemma in Ukraine

Four weeks into the largest war Russia has fought since the Soviet invasion of Afghanistan (1979), President Vladimir Putin faces an impending dilemma in military manpower and the attrition of hardware and equipment in Ukraine. According to a well-known Russian military proverb zhelezo ne voiuet... MORE

North Caucasians Feel the Pain of Russia’s Invasion of Ukraine

Following the massive Russian re-invasion of Ukraine on February 24, several governors of the North Caucasian republics delivered bellicose statements. Chechnya’s ruler, Ramzan Kadyrov, stated that his 12,000 fighters were prepared to be deployed in Ukraine and carry out President Vladimir Putin’s orders (Vk.com/ramzan, February... MORE