Latest Articles about Economics

Pandemic Politics in Central Asia

Central Asia is suffering a significant economic downturn precipitated by the COVID-19 pandemic that will deepen during the coming months (The Astana Times, May 5; Imf.org, July 2020). The health crisis could also have a profound geopolitical effect in the region. As the United States... MORE

The Influence of the Pandemic on Russia’s Defense Industry

The COVID-19 pandemic has plunged the world into a recession and damaged global supply chains. Russia’s defense industry has not been immune to these disruptive processes, and it came under government-mandated lockdowns between March and June 2020. The shutdowns have already created delays in weapons... MORE

Coal Strategy 2035: Is Russia Preparing for the Last War?

On June 13, Russian Prime Minister Mikhail Mishustin approved a program for the development of the domestic coal industry until 2035 (Government.ru, June 14). The realization of the newly adopted program will follow three stages (Consultant.ru, accessed July 17): The first (backdated) stage (2019–2025) envisages... MORE

For First Time in History, Georgia May Come Under US Sanctions

The United States Congress may suspend around 15 percent of US financial assistance to Georgia, according to the draft Fiscal Year 2021 State and Foreign Operations Funding bill recently approved by the US House Appropriations Subcommittee on State, Foreign Operations, and Related Programs. The funding... MORE