Latest Articles about Economics
Huawei’s Smart Cities and CCP Influence, At Home and Abroad
What do international espionage concerns, a Chinese truckers’ strike, and the smart cities of the future all have in common? All are part of the story of how the commercial ambitions of Huawei—one of the PRC’s leading developers of high-tech electronics and telecommunications equipment—could be... MORE
China’s Intensifying Pressure Campaign against Taiwan
China has significantly ramped up pressure on Taiwan since Tsai Ing-wen was democratically-elected as the country’s president in January 2016. As Beijing’s external pressure on Taiwan grows, pressure for action is building on the Tsai administration, both from the opposition as well as from within... MORE
Ukraine’s Everest Estate LLC v. Russia: About More Than Money
Last month (May 2018), the Russian Federation lost an important lawsuit lodged against it by “Everest Estate LLC and Others,” 18 Ukrainian companies that had held assets in Crimea prior to Moscow’s illegal annexation of this peninsula in early 2014. The Permanent Court of Arbitration... MORE
Ukrainian President, Parliament Greenlight Court to Fight Top-Level Corruption
On June 7, Ukraine’s parliament passed a long-awaited bill to establish an anti-corruption court, and President Petro Poroshenko promptly signed it into law four days later. The anti-corruption court is supposed to be the last link in the chain of bodies designed to fight top-level... MORE
Russia’s ‘Boa Constrictor’ Strategy in the Sea of Azov: A Prelude to Amphibious Landings?
Russian activity in the Sea of Azov has been ramping up considerably in recent weeks. After the official opening of the Kerch Strait Bridge, on May 16 (see EDM, June 1), Russia’s Federal Security Service (FSB) started carrying out systematic boarding and inspections of vessels... MORE
Moscow Throws Oligarchs Lifeline in Form of ‘Offshore’ Zones in Kaliningrad and Vladivostok
On April 9, Prime Minister Dmitry Medvedev asked his Cabinet for specific measures to alleviate the consequences of the economic sanctions the United States passed (on April 6—see EDM, April 9) against Russian companies and individuals, with metallurgy, the energy sector and the defense industry... MORE
The Kerch Strait Bridge: A Double-Edged Sword for Northwest Caucasus
Despite wide international condemnation, on May 16 the Russian Federation completed the first phase of construction of a ten-mile bridge across the Kerch Strait, which links Russia proper with the occupied Crimean peninsula (TASS, May 16). The Kerch Bridge will have serious economic, social, demographic... MORE
Putin Tries to Exploit Anti-Trumpism to Advance His Economic Agenda
The annual St. Petersburg International Economic Forum (May 24–26) managed to attract more high-level foreign guests than could be expected considering Russia’s stagnant economy and relative lack of interest from international investors. Arguably, the organizers should have expressed gratitude for this success to United States... MORE
Factors Contributing to Azerbaijan’s Growing Domestic Military Industry
Azerbaijan’s Defense Industry (DI) Minister Yaver Jamalov said, on April 27, that 89 percent of domestic DI output during the first quarter of 2018 was made up of special-purpose defense products, some of which are exported to more than ten countries. He added that this... MORE
Kudrin’s Oblique ‘Return’: A Sign of the Kremlin’s Retreat From Liberal Reforms
Following Vladimir Putin’s reelection to a fourth term as president, Russian authorities officially announced the final composition of the “new” government last Friday, May 18. And several days earlier, former finance minister (2000–2011) Alexei Kudrin was promoted chief of the parliamentary budgetary watchdog Accounts Chamber... MORE