Latest Articles about Economics
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Charles Michel Tries to Keep Georgia From Leaving the European Orbit
On July 29, Charles Michel, the president of the European Council (the main policy-setting body of the European Union), released a statement in response to the unexpected decision of the ruling Georgian Dream (GD) party to annul the accord of April 19, 2021 (Interpressnews, July... MORE
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Putin’s Response to Bridge Collapse Highlights Infrastructure and Political Problems
The collapse of a single short river crossing on the Trans-Siberian Railroad 300 kilometers from Chita, in late July, and President Vladimir Putin’s immediate decision to convene a meeting of the Russian Security Council to decide how to correct the situation highlight both the serious... MORE
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Putin’s Paranoia, More Than Nuclear Weapons and Oil, Make Russia Dangerous
The remarks by United States President Joseph Biden at the Office of the Director of National Intelligence last week (July 27) made a strong but ambivalent impression in Moscow. His warning regarding Russian misinformation and interference in the 2022 mid-term elections in the US was... MORE
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What the 2020 Chinese Census Tells Us About Progress in Hukou Reform
Introduction The People’s Republic of China (PRC) recently published its seventh national ten-year 2020 Census results, which led to much discussion and commentary about the development implications of low population growth and a rapidly aging population (e.g., China Brief, May 21). Fewer have noted insights... MORE
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China Assuming New Dominance in Turkmenistan
Turkmenistan’s longstanding neutrality has kept it out of Russian regional security arrangements like the Shanghai Cooperation Organization (SCO) and the Collective Security Treaty Organization (CSTO), which has constrained the level of influence Moscow could have in this notoriously insular Central Asian republic. But now, China... MORE
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Russian Government Builds Novel Framework for Controlling Regions
On July 19, Russia’s Prime Minister Mikhail Mishustin stated that the deputy ministers in his cabinet will each oversee one of the country’s eight Federal Districts. These subnational macro units are comprised, on average, of a dozen neighboring federal subjects (republics, oblasts, krais, etc.) in... MORE
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Anti-China Sentiments Grows in Kazakhstan as Economic Cooperation Stalls
On July 6, Kazakhstan celebrated Capital City Day in commemoration of former president Nursultan Nazarbayev’s 1994 decision to move the capital from Almaty in the south to Akmola in the north. The capital was subsequently renamed Astana but, following Nazarbayev’s sudden resignation, it has been... MORE
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Kharkiv State Aviation Production Enterprise Enters Freefall
The sudden collapse of the Union of Soviet Socialist Republics (USSR), in December 1991, and fracturing into 15 independent states effectively destroyed its unified, centrally planned, autarkic economy. The massive former Soviet defense sector was particularly hard-hit; during the 1990s, it scrambled to cope with... MORE
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Checkmate: Russia’s So-Called Fifth-Generation Stealth Fighter
Despite another wave of deadly COVID-19 coronavirus infections ravaging Moscow and spreading out into the provinces, the Russian authorities went ahead with staging the MAKS-2021 air-and-space show on the outskirts of Moscow, in Zhukovsky. On opening day, July 20, President Vladimir Putin visited the exposition,... MORE
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Iran Drives Development of Persian Gulf–Black Sea International Transport and Transit Corridor
Back in 2016, Iran put forward a regional initiative to expand the Persian Gulf–Black Sea International Transport and Transit Corridor, which, in addition to the Islamic Republic itself, involves Armenia, the Republic of Azerbaijan, Georgia, Bulgaria and Greece. This multimodal corridor begins from the Gulf... MORE