Latest Articles about Economics

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

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