Latest Articles about Economics

Russia’s Military Draft—Serious Problems That Go Beyond Ukraine

Today (March 31), President Vladimir Putin announced that the Russian Armed Forces will draft 134,500 men over the next three months and release a similar number of soldiers who have completed their service (Pravo.gov.ru, March 31). Russia has always faced problems with its twice-a-year draft:... MORE

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