Latest Articles about Economics

Is the RCEP China’s Gain and India’s Loss?

Introduction On November 15, fifteen nations in the Indo-Pacific region — including China, Japan, South Korea, Australia, New Zealand, and the ten ASEAN members Brunei, Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Indonesia and the Philippines — signed the world’s largest trade agreement. Known as... MORE

Iran Rapidly Expanding Rail Links With Central Asia and Caucasus

The United States and other Western countries have worked long and hard to marginalize Iran as punishment for its transgressions on the international stage. Nevertheless, Iran’s neighbors as well as states further out, including Russia, China and the Central Asian republics, understand that their plans... MORE

Is Crimea Now Costing Russia More Than It Is Worth?

In the euphoria that surrounded Vladimir Putin’s annexation of Ukraine’s Crimea six years ago, most Russians were more than willing to spend money to integrate that region into the Russian Federation. But at that time, they had little idea just how much that process would... MORE

Abkhazia Bolsters Linkages With Russia

On November 24, the Georgian Ministry of Foreign Affairs strictly condemned Sukhumi and Moscow’s joint approval of a program to create a common socio-economic space uniting breakaway Abkhazia and Russia. Tbilisi slammed it as “another illegal step toward the de facto annexation” of its occupied... MORE

COVID-19 and Russia’s Looming Debt Cliff

COVID-19’s “second wave” is pushing back economic recovery all over the globe, giving rise to predictions of massive recorded drops in GDP this year followed by a robust recovery in 2021 and decent growth rates after that. Official economic forecasts in Russia notably mirror those... MORE