The New Silk Road Initiative: Are Its Economic Underpinnings Sound?
In 2011, then U.S. Secretary of State Hillary Clinton rolled out a plan for Central and South Asia: “Let’s work together to create a new Silk Road. Not a single…
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Economics
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New Policy Memo: Can Azerbaijan Revive the Silk Road?
Azerbaijan is located at the crossroads of major Eurasian land and air transportation corridors. Since gaining independence, the Azerbaijani government has actively tried to make the country a bridge between…
Can Azerbaijan Revive the Silk Road?
Azerbaijan is located at the crossroads of major Eurasian land and air transportation corridors. Since gaining independence, the Azerbaijani government has actively tried to make the country a bridge between…
Sonin: Incompetent response to economic crisis reminiscent of the 1990s
(Moscow Times) The current crisis is unlike those of 1998 and 2008 that most of us remember. It is both longer and very different than the others, and it does not help that both the Russian people and Kremlin…
New Policy Memo: Is the Russian Economy Finally Tilting East?
In 2012, Russia exported 550,000 barrels of oil per day (bpd) to tiny Netherlands, but less than 500,000 bpd to China (Figure 1). According to the “gravity model” of trade,…
Is the Russian Economy Finally Tilting East?
In 2012, Russia exported 550,000 barrels of oil per day (bpd) to tiny Netherlands, but less than 500,000 bpd to China (Figure 1). According to the “gravity model” of trade,…
Charap: Jury is out on Ukraine financial reforms
(Buzzfeed) Ukrainian officials wanted to make one thing very clear during a visit to the United States this week: we are open for business and we are nothing like Greece.“There…
Cooley: AIIB signifies the start of a new chapter in the evolution of international development
(Devex) The China-led Asian Infrastructure Investment Bank seems on track to begin full operations early next year. This week, 50 of the bank’s founding members signed the articles of agreement formally establishing the world’s…
Petrov: Despite sanctions, a surge of interest from investors
(Business Recorder) President Vladimir Putin will showcase plans for a Russian recovery to investors at a key economic forum this week, signing a major gas deal with Greece as it teeters…
New Book: Building Business in Post-Communist Russia, Eastern Europe, and Eurasia
(PECOP) Prior to 1989, the communist countries of Eastern Europe and the USSR lacked genuine employer and industry associations. After the collapse of communism, industry associations mushroomed throughout the region. Duvanova…