Latest Articles about Economics
Lithuanian-Russian Radio Frequency Dispute Highlights Problems of Civilian Versus Military Applications
The ongoing expansion of wireless internet connectivity around the world has concurrently raised a host of unresolved issues about cyberspace, including access, conductivity, taxation and cyberwar, as states attempt to secure their digital frontier while boosting their influence against competitors. And cutting-edge technology innovation is,... MORE
Including Iran in Moscow-Led Economic Group Will Upend Former Soviet Space
Reports claiming that Russia will, within a few weeks, welcome Iran as a new member of the Eurasian Economic Union (EEU) may be premature, but they are still likely to be realized in the not-too-distant future, some Russian analysts argue (RitmEurasia, February 26). These reports... MORE
Russia’s New ‘Arctic Offensive’: Do the Benefits Outweigh the Costs? (Part Two)
*To read Part One, please click here. On February 1, Russian Prime Minister Mikhail Mishustin signed a decree approving the launch of six large investment projects in the Arctic that are to be completed by 2027 (Government.ru, February 1; see Part One in EDM, February... MORE
China Moves Ahead on Digital Yuan Before 2022 Winter Olympics
Introduction With the People’s Republic of China (PRC) a frontrunner in the global race towards digital currency, the central bank People’s Bank of China (PBOC) has taken several steps this year to explore the international use of a digital yuan (e-CNY). Although there is no... MORE
Development Lending is Down, But the BRI Lives to Fight Another Day
Introduction In the wake of the COVID-19 pandemic’s effects on the global economy, pessimistic analyses of the Belt and Road Initiative culminated with the December 7 publication by Boston University of a dataset covering overseas lending by two of China’s main policy banks, which showed... MORE
Ukraine, EU Locked in Clash of Cultures and Values
The Ukrainian government concluded a series of agreements and held important discussions with European Union officials during Prime Minister Denys Shmyhal’s February 9–11 visit to Brussels, where he co-chaired the seventh meeting of the Ukraine-EU Association Council (UNIAN, February 13). Less progress was reached this... MORE
Ukraine’s Sanctions Against Pro-Russian Oligarch Medvedchuk—All About Oil and Coal
On February 19, the National Security and Defense Council of Ukraine (NSDC) imposed sanctions on Ukrainian tycoon and politician Viktor Medvedchuk and his wife, Oksana Marchenko (Pravda.com.ua, February 19). Medvedchuk is a leader and people’s deputy of the pro-Russian party Opposition Platform–For Life, the largest... MORE
China-CEEC Summit Returns After Pandemic—The View From Warsaw
The latest People’s Republic of China–Central and Eastern European Countries (China-CEEC) summit took place online, on February 9, after a one-year break caused by the COVID-19 pandemic. For the first time, the high-level meeting was hosted by Chinese President Xi Jinping, aimed at providing the... MORE
Growing Azerbaijani–Central Asian Ties Likely to Trigger Conflicts With Russia and Iran
Azerbaijan’s victory in the Second Karabakh War (September 29–November 9) has had a transformative effect on the country. It not only changed the attitudes of its population, whose members now feel themselves to be heroes rather than victims (see EDM, January 21), but also bolstered... MORE
Russia’s New ‘Arctic Offensive’: Do the Benefits Outweigh the Costs? (Part One)
On February 1, Russian Prime Minister Mikhail Mishustin signed a decree approving the launch of six major state-supported investment projects in the Arctic region. According to the document, Russia expects to attract more than 200 billion rubles (approximately $2.7 billion) in outside investments to complete... MORE