Latest Articles about Economics
The Kremlin Strategy in Baikonur: Putting Kazakhstan’s Space Program in a Box?
Russia has pledged to transfer 44.8 square miles of Baikonur Cosmodrome territory and two Zenit-M rocket launch platforms to Kazakhstan by the end of May 2018 (Izvestia, March 1). This became possible thanks to the recent amendments to the lease agreement between the two countries,... MORE
China Expanding in Russia’s Transbaikal—and Russian Taxpayers Are Paying for It
A new scandal is adding fuel to the fire of Russian fears about Chinese penetration of Siberia and the Russian Far East. The Russian media in those regions is reporting that in order to sell Russian agricultural products to China—something that benefits both local oligarchs... MORE
What Turkmenistani President’s Visit to Gulf Means for TAPI Pipeline Project
Turkmenistan’s President Gurbanguly Berdimuhamedow visited the United Arab Emirates and Kuwait in mid-March as part of a campaign to revive a long-stalled natural gas pipeline from his country to Pakistan and India (Neftegaz.ru, March 16). The visit occurred three weeks after a February 23 groundbreaking... MORE
Putin’s Arctic Dream Evolving Into Nightmare?
Russia conceived of the Arctic as a military bastion long before Vladimir Putin rose to power. Yet, since coming to the Kremlin, Putin has explicitly tried to turn the Russian High North into a showcase of his dreams of developing the next Russian “El Dorado.”... MORE
Lost in the Shuffle: China’s New, Overlooked Financial Regulatory Commission
Momentous developments have taken place over the past several weeks in China. The entire government has been reorganized, key personnel appointments have been made, the Party’s imprint on the State has been institutionalized, and Xi Jinping has opened the door to an indefinite term as... MORE
The Belt and Road Initiative: Is China Putting Its Money Where its Mouth Is?
Five years after it entered discussions surrounding China’s foreign policy, the Belt and Road Initiative remains a subject of political priority and public attention. Beijing has recently made a habit of attempting to persuade visiting heads of state to offer formal endorsement of the initiative,... MORE
Russia Reemerging as Weapons Supplier to Iraq
One of the most notable political developments of the past several years has been the gradual reemergence of Russia as a rising regional military and diplomatic power in the Middle East, renewing connections that were adversely affected by the 1991 collapse the Soviet Union. Beyond... MORE
Between Traditional and Modern: The Fortunes of the Belarusian Economy
In late February, Tom Post, editorial advisor at the Finnish and Baltic edition of Forbes, and Arkady Shteimans, referred to as the publisher of Forbes in Latvia, Estonia and Finland, paid a visit to Minsk. In this regard, Dev.by, an online publication about the Belarusian... MORE
Economic Diversification Key to Kazakhstan’s Future Stability
In January, Kazakhstan’s Ministry of National Economy reported that oil production in the country had risen from 78 million to 86.2 million metric tons year-on-year, whereas only six months earlier, in July 2017, the annual forecast had stood at just 81 million. The giant Kashagan... MORE
Mongolia Strengthens Cooperation With Russia in Fields From Nuclear Research to Transit Rail
When Khaltmaa Battulga assumed the presidency of Mongolia in July 2017, most foreign and domestic observers believed he would pursue a much more pro-Russian policy than his globalist-minded predecessor, Tsakhia Elbegdorj. Battulga’s anti-Chinese rhetoric buttressed this prediction during the political campaign, followed by his first... MORE