Economic Crisis

19.03.2015

Imitating Chavez: A Year of Nationalization in Crimea

Although it began with state-owned assets, the nationalization project in Crimea quickly consumed Ukrainian and Russian private property. One year on, every significant Crimean enterprise is in the hands of local authorities, and there is little hope for privatization.
27.02.2015

Economic Turmoil in the Caucasus

Devaluing its currency, Azerbaijan follows its neighbors into a time of economic struggle.
11.02.2015

What Would It Take to Restore a Peace Order in Europe?

Western leaders’ recent attempts to assure a diplomatic resolution of the Ukraine crisis may come to no avail. Is it possible to restore the peaceful, European status quo amidst such rapidly growing East-West animosity? Eurasia Outlook asked Carnegie’s experts to share their thoughts.
27.01.2015

What Is the Future for Donbas?

This past weekend’s intensified fighting and shelling in southeastern Ukraine, from Donetsk to Mariupol, escalated the Ukraine crisis to a new level. As more people die, political negotiations and eventual diplomatic compromise look less and less likely. What, under these circumstances, does the future hold for Donbas?
20.01.2015

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

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.
30.12.2014

Looking Back on 2014

Eurasia Outlook asked its experts to reflect on the dramatic events of 2014 and to share their predictions for Russia's future and for its role on the global stage going forward.
23.12.2014

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

  • Sergei Aleksashenko
  • Mikhail Krutikhin
  • Yuval Weber
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.
4.12.2014

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

  • Alexander Gabuev
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.
2.12.2014

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

  • Yuval Weber
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.
19.11.2014

Weak Ruble Exchange Rate Represents Political Bargaining Challenge

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