Economics

Buyer Beware: Evaluating Russian Exports Under Sanctions and Stagnation

(PONARS Eurasia Policy Memo) The use of sanctions to push Russia to change its foreign policy behavior has come under heated debate. Proponents argue that the sanctions policy pursued by the…

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Russia’s Economic Stagnation Is Here to Stay

(Project-Syndicate) The Russian economy is stagnating across almost all sectors, meaning that boosting growth will be impossible without deep structural reforms. But with President Vladimir Putin approaching a fourth term after…

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Sonin: Long-term stagnation is the most important and thus worrying signal of the Russian economy

(NEE) It is no secret that innovation is responsible for as much as 80 per cent of economic growth. Not surprisingly, given the current situation in the global economy, especially…

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Free Trade’s Diminishing Returns

(Project Syndicate) (Co-authored with Jomo Kwame Sundara) In its May 2010 “Global Survey,” McKinsey & Company reported that, “the core drivers of globalization are alive and well.” In an April 2014 report, the…

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New Policy Memo: 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 thoroughfare…

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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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?

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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…

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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,…

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Buyer Beware: Evaluating Russian Exports Under Sanctions and Stagnation

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Sonin: Long-term stagnation is the most important and thus worrying signal of the Russian economy

Free Trade’s Diminishing Returns

New Policy Memo: The New Silk Road Initiative: Are Its Economic Underpinnings Sound?

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New Policy Memo: Can Azerbaijan Revive the Silk Road?

Can Azerbaijan Revive the Silk Road?

Sonin: Incompetent response to economic crisis reminiscent of the 1990s

New Policy Memo: Is the Russian Economy Finally Tilting East?