Latest Articles about Economics
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What is “Xiconomics”?
In 2017, Xi Jinping consolidated his control over much of the Party and State apparatus, culminating in October when “Xi Jinping Thought on Socialism with Chinese Characteristics in the New Era” was inserted into the Chinese Communist Party (CCP) constitution. In late December, Xi’s leadership... MORE
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A Year in Review: Kazakhstan Pursues Domestic Reforms, Foreign Direct Investment in 2017
The year 2017 proved to be an eventful one for Kazakhstan, even as its long-time president, Nursultan Nazarbayev, who turned 77 last July, has yet to designate a potential successor to step into his shoes following the end of Nazarbayev’s more-than-25-year reign. The first part... MORE
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A Year in Review: Ukraine Faced Mixed Fortunes, Missed Opportunities in 2017
Ukraine missed some chances to improve the domestic situation last year, with the fight against corruption not as efficient as Western creditors expected and the economy growing at only a sluggish pace. Among the country’s achievements in 2017 were the long-awaited ratification of the association... MORE
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Between a Rock and a Hard Place: Kaliningrad to Become ‘Special’ Again
Having lost its Special Economic Zone (SEZ) status on April 1, 2016, Russia’s westernmost region, Kaliningrad Oblast, has once again demonstrated an inability to cope with mounting economic challenges. Meanwhile, floods and adverse weather conditions near the close of 2017 compelled local authorities to beg... MORE
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China Faces Wintertime Energy Crisis of its Own Making
Northern China is facing an energy crisis this winter due to shortfalls in heating gas. Since mid-December, reports from Hebei, the province that surrounds Beijing and Tianjin, indicate that schools and residential areas are going without natural gas for heating. In Quyang county (曲阳县), southwest... MORE
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Technological Entanglement? — Artificial Intelligence in the U.S.-China Relationship
Artificial intelligence (AI) has become a new arena for engagement and competition between the United States and China. In July, China’s State Council published the New Generation AI Development Plan (新一代人工智能发展规划) which declared, “AI has become a new focal point of international competition. AI is... MORE
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The Dynamics Driving Uzbekistan’s Warming Relationship With Afghanistan
Uzbekistan’s leadership has been increasingly focused on its southern neighbor Afghanistan since Shavkat Mirziyoyev came to power in late 2016 (see EDM, June 27). As President Mirziyoyev attested on December 5, he and his Afghan counterpart met five times already in the past year (Kun.uz,... MORE
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Central Government Cracks Down on “Low-End” Citizens While Praising “Poverty Alleviation” Efforts
In the wake of a fire on November 18 in a poor Beijing suburb that killed 19 people, police equipped with bulldozers and heavy-duty demolition equipment evicted several tens of thousands of migrant workers who had settled in Beijing over the past ten years (Ming... MORE
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Hungary: China’s Gateway to the EU Market
On November 24, Li Keqiang, China’s premier and top economic official, arrived in Budapest to great fanfare (China Economic Daily, November 29). Although Hungary is not typically on lists of major economic partners for China—even maps of the trans-Eurasian Belt and Road Initiative (BRI) skip... MORE
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Russian Military Mass Mobilization: Fact or Bluff?
Based on the words of the Russian leadership and the actions of local officials, the country has entered a new stage of confrontation with the West and now has to prepare for looming war. Speaking, on November 22, at a meeting of defense ministry leaders... MORE