Latest Articles about Economics
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
Exploiting the Vacuums: Russia and North Africa in the Wake of the Sochi Summit
The Russia-Africa Summit and Economic Forum, held on October 23–24, in the Russian resort city of Sochi, displayed Moscow’s renewed ambition to play a significant role in Africa (TASS, October 20; The Africa Report, August 19). Increasingly, the Kremlin perceives the African continent as a... MORE
Renewed Corruption in State-Owned Agrarian Fund Hurts Land Reform in Ukraine
On November 13, Ukraine’s parliament (the Verkhovna Rada), in its first reading, supported lifting the farmland sales moratorium (Rada.gov.ua, November 13). No one doubts that the bill will be signed into law by President Volodymyr Zelenskyy before the end of the year. If so, this... MORE
The Three ‘Faces’ of Russia’s AI Strategy
On October 11, Russian President Vladimir Putin approved the “National Strategy for the Development of Artificial Intelligence (AI) for the Period Until 2030.” The documents calls for “accelerated development of AI,” including an emphasis on “research, availability of information and computing resources for users” as... MORE
Why Mozambique Is Outsourcing Counter-Insurgency to Russia: Hidden Loans and Naval Bases
*To read the companion piece to this article, please click here. At the heart of Mozambique’s reinvigorated relationship with Moscow (see EDM, October 29) is a financial scandal that almost ruined the country. Specifically, corrupt elements in the southeast African state’s Frente de Libertação de... MORE
Moscow Pressing for International Recognition of Expansive Arctic Claims
Last spring (April 2019), after almost 20 years of Russian lobbying, a subgroup of the United Nations Commission on the Limits of the Continental Shelf declared that much of the Arctic seabed is an extension of Russia’s land mass and thus a potential exclusion zone.... MORE