Latest Articles about Economics

Russian Navy Readies for Future Conflicts in Arctic

Expanding its military presence in the Arctic is currently one of the main priorities of Russian defense policy. Cold War–era military bases, mothballed after 1991, have, in recent years, been reactivated, renovated and expanded, while additional ones are being built. In Soviet times, attack and... MORE

The Politics of Reform: Saakashvili’s Odesa Mission (Part Two)

*To read Part One, please click here.   While Mikheil Saakashvili served as governor of Ukraine’s Odesa Province (May 2015–November 2016), the region presented the former Georgian president with hurdles not only to system reforms but even to rational management as such. Those obstacles included:... MORE

The Politics of Reform: Saakashvili’s Odesa Mission (Part One)

Georgia’s former president, Mikheil Saakashvili, has accepted Ukrainian President Volodymyr Zelenskyy’s offer to chair the Executive Committee of Ukraine’s National Council for Reforms (Ukrinform, May 7). Taking up the new challenge, Saakashvili promised to draw on the experience of his universally recognized achievements in Georgia... MORE

Belarusians Worry About the Economy

Belarus has been preoccupied in recent days with President Alyaksandr Lukashenka’s decision not to cancel this year’s annual May 9 Victory Day military parade, which marks arguably the country’s most important public holiday. “I must say that we cannot cancel the parade,” declared Lukashenka on... MORE

Russian Loan Offer Exposes Moldova’s Internal Faultlines

In mid-April, Russia offered Moldova, at the latter’s insistence, an inter-governmental loan of €200 million ($217 million) on soft terms. Moldova’s Socialist-led government had planned this loan mainly for road construction, before the COVID-19 coronavirus pandemic broke out. At present and in the near-to-medium term,... MORE