Latest Articles about Economics
Iran Completes Controversial Hydropower Project on Aras River
In early May 2020, media reports highlighted the construction of a large hydropower system composed of the Khudafarin and Qiz Qalasi (Maiden Tower) hydropower plants as well as hydro junctions and related facilities and bridges on the Aras River, which follows part of the border... MORE
Prospects for Future US-Russia Space Cooperation
After nine years of the United States relying entirely on Russian Soyuz rockets to deliver astronauts into orbit, this dependency finally ended on May 30, 2020, with the successful launch of the private US company SpaceX’s Crew Dragon spacecraft, bound for the International Space Station... MORE
Is Russia Preparing to Challenge the Status Quo in Antarctica? (Part One)
In his statement last January commemorating the 200th anniversary of the first Russian Antarctic expedition, President Vladimir Putin expressed admiration for “generations of Russians who have dedicated their lives to studying Antarctica.” He acknowledged the “huge contribution” of Russian science in exploring the world’s southernmost... MORE
Moscow Ready to Play Karakalpak Card Again to Gain Access to New Oil Fields
Borders remain in dispute throughout Central Asia, with Moscow paying such close attention that governments in the region now feel the need to warn the Russian authorities not to become involved (Ritmeurasia.org, June 5). Often Moscow offers its services as a peacemaker in an effort... MORE
Delays, Disasters and Cost Overruns Plague Putin’s Projects in Arctic
For more than a decade, Vladimir Putin has made the development of the Northern Sea Route as well as the broader Arctic littoral and seabed a focus of his national policies. And over this period, coverage of this effort has almost invariably followed the same... MORE
Seventy-Four Percent of Uzbeks Support Joining Moscow-Led Eurasian Union
A respected economic policy think tank in Uzbekistan released the results of a recent poll on the attitudes of both public- and private-sector professionals inside the country about Uzbekistan’s membership in the Eurasian Economic Union (EEU) and the World Trade Organization (WTO) (Review.uz, May 20).... MORE
Ukraine Qualifies for New IMF Loan, but at the Expense of the Oligarchs
It has again taken Ukraine many months to break down the domestic opposition of vested interests in order to qualify for much-needed international assistance. President Volodymyr Zelenskyy recently signed into law two key bills: one aimed at turning farmland into a sellable commodity, and the... MORE
Under a COVID-19 Cloud, China’s Gig Economy Comes of Age
Introduction In late April, as residents of the People’s Republic of China (PRC) began to adjust to a new normal in the wake of the COVID-19 epidemic, Ele.me—one of the country’s biggest food delivery platforms—unveiled its latest innovation. In a viral post, a delivery man... MORE
The Belt and Road Initiative: A Domestically-Motivated Program Fueling Global Competition
Introduction The Belt and Road Initiative (BRI), China’s ambitious overseas economic and infrastructure program, is having a significant impact on the world economy. The People’s Republic of China (PRC) has pledged $1 trillion in investment; the extensive geographic scope of the initiative involves more than... MORE
The Increasing Role of Azerbaijan as a Regional Digital Hub
On April 10, the Azerbaijani parliament ratified and President Ilham Aliyev approved a law for laying a trans-Caspian fiber-optic cable across the bottom of the Caspian Sea between Azerbaijan and Turkmenistan (President.az, April 10). The initial interstate agreement—“On the Organization of Activities by Communications Operators... MORE