Latest Articles about Economics

Georgia Becomes a Priority Recipient of Western Financial Assistance

On April 15, Georgian Prime Minister Giorgi Gakharia briefed journalists that the government had agreed with international donors to allocate $3 billion to stabilize the economy, assist individuals affected by the developing economic crisis, and stimulate business in the post-crisis period (Interpressnews.ge, April 15). Georgia’s... MORE

Russian Inroads Into Central Africa (Part One)

The Russia-Africa Summit and Economic Forum, held in Sochi on October 23–24, 2019 (see EDM, October 28, 2019), reaffirmed Russia’s growing interest in Central Africa. Among the countries comprising this region, two—the Democratic Republic of the Congo (DRC) and the Republic of the Congo—received the... MORE

EU Emerges as Leading Donor for Partnership Countries in Fighting COVID-19 Pandemic and its Economic Consequences

On March 30, the European Union announced it would provide substantial support to the six Eastern Partnership (EaP) countries—Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine—to mitigate the health and socio-economic consequences of the COVID-19 pandemic (Ec.europa.eu, March 30). About a week later, additional details of... MORE

Azerbaijan Hopes to Minimize Ramifications of Coronavirus Crisis

Thanks to having quickly adopted strict countermeasures, Azerbaijan, so far, appears to have succeeded in flattening the curve of new COVID-19 infections and slowing the domestic spread of the novel coronavirus responsible for this disease. As of April 14, 1,197 persons tested positive, 351 persons... MORE

Revival of Ukrainian Space Sector: A Viable New Prospect?

On March 12, the Dnipropetrovsk Regional State Administration hosted a retreat session of the Ukrainian parliament’s Committee on Economic Development. The main subject on the lawmakers’ agenda was the prospects of reviving the Ukrainian rocket industry as well as launching a national space program. Dnipro—nicknamed... MORE

The China-Myanmar Economic Corridor: Delays Ahead

Introduction Although no new deals were struck during People’s Republic of China (PRC) President Xi Jinping’s trip to Myanmar on January 17 and 18, the visit was significant for several reasons. The visit was the first by a PRC president to Myanmar in 19 years,... MORE