Latest Articles about Economics
The Ukrainian Economy in 2020: A Difficult Road Ahead
The start of 2020 in Kyiv was initially thought to be a triumphant one. The last weeks of 2019 brought some de-escalation in the war in Donbas (EADaily, December 30, 2019), new hopes for peace and, importantly, formidable economic successes. Notably, the United States adopted... MORE
Amid Economic Pressure, Moldova’s Pro-Russian Government Looks for Alternatives
The Moldovan government, controlled by pro-Russian President Igor Dodon, is starting the new year with major economic concerns. A key agenda for officials is to ensure Dodon’s victory in the presidential elections, to be conducted at the end of 2020. To achieve this goal, the... MORE
A Year in Review: Elite Change Brings Glimmer of Hope to Ukraine in 2019
For Ukraine, the year 2019 was full of sweeping changes. The elite that came to power in the wake of the anti-establishment Maidan uprising in 2014 was swept away in elections won by political amateurs. Volodymyr Zelenskyy, a former comedian, and his team of young... MORE
China’s 2020 Economic Agenda: Maintaining Stability Amid Flux
Introduction China’s top annual economic policy gathering, the Central Economic Work Conference (中央经济工作会议, Zhongyang jingji gongzuo huiyi), or CEWC, was held between December 10 and 12 in Beijing. This year’s CEWC focused on the theme of “achieving developmental progress on the basis of first ensuring... MORE
The Yandex Affair: Insider Trading and Institutionalized State Control
One of the most commented developments in Russian business news this past November was the reported attempt to “nationalize” one of the country’s largest high-technology companies, Yandex. Russia’s leading search engine, Yandex holds 51 percent of the domestic market share in its category and is... MORE
Belarus-China Cooperation Ideological as Well as Economic
In order to maintain its independence and freedom of action, Belarus has long sought to develop relations with a variety of countries beyond the Russian Federation. In recent years, its efforts to establish and widen economic and even political ties with the European Union and... MORE
INSTC vs. BRI: The India-China Competition Over the Port of Chabahar and Infrastructure in Asia
Introduction The China-Pakistan Economic Corridor (CPEC), the central component of China’s Belt and Road Initiative (BRI) in South Asia, has been a source of significant attention and controversy (China Brief, January 12, 2018; China Brief, February 15). Parts of South Asia, the Middle East, Central... MORE
Russia Shifting Cargo Traffic Away From Baltic Ports to Its Own
Since 2014, when Russia invaded Ukraine, Moscow has worked hard to reduce cargo traffic via seaports in the three Baltic States—Lithuania, Latvia and Estonia—to punish them for what the Kremlin sees as their unfriendly policies. Moscow has been doing this by building up its own... MORE
China’s Trade With Europe Bypasses Russia in Both the North and the South
Russia has long counted on its geographic location between the Asia-Pacific region and Europe to cement its relationship with China. However, Beijing increasingly views Russia as merely a supplier of raw materials (Svobodnaya Pressa, April 27)—a view reinforced anew on Monday (December 2), by the... MORE
New Revelations of China’s Growing Interests in Ukraine
Chinese billionaire and co-founder/former executive chairman of the Alibaba Group, Jack Ma, visited Ukraine on November 7. During his trip, which, started in Kharkiv, he attended the Kyiv International Economic Forum, where he delivered a keynote speech (Kh.suspilne.media, November 7). While in Kharkiv, Ma met... MORE