Latest Articles about Economics

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

Ukraine’s China Policy: A (Not so) Delicate Balance
Reporting on the saga of Chinese efforts to purchase Ukraine’s strategic Motor Sich aerospace production company frequently casts Kyiv as a weak “pawn” on the geopolitical chessboard, caught in the middle of the larger rivalry between Beijing and Washington. Yet Ukraine is pursuing its own... MORE

Russians One Step Closer to Taking Over Handling of Belarusian Oil Product Exports?
On January 25, the government of the Russian Federation adopted a draft version of a bilateral agreement with Belarus on the diversion of some Belarusian refined oil product exports from the Baltic States’ transshipment terminals to Russian seaports (TASS, January 27). At first glance, the... MORE

New Year, New Battles: China Does Not Plan to Give up Motor Sich?
For the Ukrainian company JSC Motor Sich, one of the world’s largest manufacturers of engines for missiles, helicopters and jets, the year started with new battles over ownership. Chinese investors have reinitiated their earlier efforts to take over Ukraine’s top defense producer, and Kyiv is... MORE

Year 2020 in Review: Uzbekistan Grapples With Pandemic, Disasters, Russian Pressure
The fourth year of President Shavkat Mirziyoyev rule proved his most difficult yet, not only because of the COVID-19 pandemic but also due to a series of natural and man-made disasters throughout 2020 that tested the Uzbekistani government’s strength to its limits. Poor-quality engineering and... MORE

Moscow Adopting East India Company Strategy to Develop Russian Far East
When analysts consider Vladimir Putin’s strategy for running the regions of the Russian Federation, they generally focus on his supra-regional “innovations.” Those have included the federal districts he created at the start of his presidency (Ura.ru, April 24, 2014), the amalgamation of federal subjects he... MORE

Strategic Thinking and a Fight for Belarusian Democracy
“Remember, I said a year ago […] that perhaps a time will come when [Russian President Vladimir] Putin and I will have to stand next to each other and shoot back. And you took it for a joke. But you now see how life has... MORE

Year 2020 in Review: Kazakhstan Struggling With Structural Reform Amid COVID-19 Crisis
As in much of the rest of the world, the year 2020 in Kazakhstan was dominated by the fight against the COVID-19 pandemic, which to date has claimed the lives of more than 2,300 Kazakhstanis, according to a government-run information portal. Since August 2020, the... MORE

New Undersea Cables Could Become a Flashpoint in the Arctic
Russian efforts to control the Northern Sea Route and to secure exclusive access to the local seabed, from which it hopes to pump oil and natural gas as well as mine coal and other minerals for export, have been attracting increasing attention for years (see... MORE