Moscow - Economic Policy

A “Soft Alliance”? Russia-China Relations After the Ukraine Crisis

Alexander Gabuev — Tue, 10 Feb 2015 19:26:53 +0000

The danger for the EU in the rapprochement between Russia and China lies in the fortification of the Russian economy against sanctions and in an increased assertiveness for China.

Ukraine Fatigue: To Be or Not to Be (Bailed Out)

Balázs Jarábik — Tue, 20 Jan 2015 09:01:52 +0000

Ukraine is teetering on the brink of default and its government is devoting more energy to public relations than actual reforms. Recent developments in Ukraine are likely to fuel the creation of a new black hole in Europe.

Prospects for the Eurasian Economic Union

Andrei Kolesnikov, Alexander Gabuev — Tue, 13 Jan 2015 09:16:09 +0000

Eurasia Outlook asked several experts what is the future of the Eurasian Economic Union (EEU), which officially came into being on January 1.

Despite Crisis, Reform Elusive for Russia

Dmitri Trenin — Wed, 31 Dec 2014 22:15:38 +0000

For the Russian economic and political system, as well as for the country’s foreign relations, the current economic crisis is an existential one. Russia will exit from it in a very different form from what it is today.

What Should We Do About the Weakening Ruble, Lower Oil Prices and Sanctions?

Sergei Aleksashenko, Mikhail Krutikhin, Yuval Weber — Tue, 23 Dec 2014 11:02:51 +0000

Eurasia Outlook asked several experts what, if anything, can be done by Russian policymakers in order to weather the perfect storm descending on the country's economy.

From Inside Putin’s Parallel Universe, the Crisis Looks Bright

Eugene Rumer — Mon, 22 Dec 2014 22:03:50 +0000

The crisis presents Putin with an opportunity to tighten his grip on business, to see who is loyal and who is not, to pick winners and losers, to decide who will receive state support and whose assets should be “redistributed”.

Vladimir Putin’s Annual Address and Its Message

Lina Khatib, Shi Han, Ulrich Speck, Wang Tao — Wed, 10 Dec 2014 09:15:50 +0000

Several Carnegie experts from different offices discuss the significance of Putin’s address to the future of Russia and its role in the international community.

Unexpected Blow: How Falling Oil Prices and the Depreciating Ruble Influence Russia’s Pivot to Asia

Alexander Gabuev — Thu, 04 Dec 2014 09:32:05 +0000

The falling oil price and rapid devaluation of Russian currency not only affect the economy, the budget, and the joking habits of the elite, but also have an effect on Moscow’s foreign policy.

Winners and Losers in the Black Sea Gas Game

Thomas de Waal — Wed, 03 Dec 2014 10:50:28 +0000

Calling time on the South Stream pipeline project in Ankara, Vladimir Putin tried to spin it as a win nonetheless, by announcing a new Black Sea pipeline to Turkey instead. If it ever comes to fruition, the new Russian-Turkish gas project could be a competitor to Azerbaijan gas ambitions.

OPEC Cuts Into Russian Coffers, But Will Expensive Grand Strategy Live On?

Yuval Weber — Tue, 02 Dec 2014 10:54:43 +0000

In reduced economic circumstances the big test for Russia is whether it will be forced to retrench, or whether Vladimir Putin will take his chances on expansionist foreign policy at a moment when there’s less money to go around to combat legitimate threats.

Anxious in Ankara

Mikhail Krutikhin — Mon, 01 Dec 2014 11:46:11 +0000

Vladimir Putin’s trip to Turkey could help him recover from the Brisbane cold-shouldering. However, nothing will make Ankara abandon its great strategic goal to become an indispensable supplier of natural gas to Europe and a major competitor for Gazprom.

What Do You Expect From Vladimir Putin’s Visit to Turkey?

Memduh Karakullukçu, Dmitri Trenin, Ümit Pamir, Adnan Vatansever, Pavel Shlykov — Mon, 01 Dec 2014 11:42:33 +0000

In view of Russian President Vladimir Putin’s visit to Turkey, Eurasia Outlook asked a few of the authors of the recent report on Russian-Turkish cooperation what to expect from this visit.

The Limits of Cooperation Among BRICS Countries

Zhao Kejin — Mon, 01 Dec 2014 06:53:56 +0000

The BRICS countries are establishing the New Development Bank to expand economic assistance to developing countries beyond that offered by the Bretton Woods institutions.

Weak Ruble Exchange Rate Represents Political Bargaining Challenge

Yuval Weber — Wed, 19 Nov 2014 09:48:08 +0000

The financial troubles of the ruble represent the most striking and dangerous strategic challenge facing the Russian state since the conflict in Ukraine began.

Pax Sinica: China and the New Russia

Akio Kawato — Fri, 14 Nov 2014 10:05:54 +0000

Pax Sinica has come. Countries in China’s orbit will be given security guarantees and trade preferences as long as they remain allegiant. Thus, the pivot to Asia will only drive Russia to unnecessary dependence on China.