... few days ago the European Union has confirmed that the economic sanctions against the Russian Federation were extended for another year, or specifically up to 19th January 2016. Despite attempts to minimize the perceived impact of this policy on the economy of the EU in the eyes of the public opinion, the price being paid to pursue this power politics agenda is none else but a hefty one. In this article I will focus on the actual catastrophic consequences of the sanctions on Italy, the reason of ...
... 1990-s managed to avoid the mistake a lot of western states made. Berlin sustained its productivity and continues with its industrial dynamic. It was rational to take advantage of the European Economic Union and to boost its exports. Greece’s economy is depended on tourism and agriculture. The economic rationality drives us to the following idea: Germany, France and the other eurozone states insist on the concept that Greece should pay back the massive loans that it took. After that, Greece ...
... on average $700 million per year. It is estimated that
at least 3 bcm of gas produced by Naftogaz
and its subsidiaries do not reach intended customers in the residential/heating sector.
REUTERS/Valentyn Ogirenko/Pixstream
Anna Tsybulina:
Ukraine's Economy: Where from and Where to?
Mismanagement in the state-owned company is combined with the over-taxation of the private (‘independent’) gas producers. Ukraine’s 'independents' are an important domestic source of natural gas supplies....
Working Paper 20/2015
This Working Paper was prepared as part of a research project concerning the development of strategic partnership and constructive cooperation between Russia and China carried out by the Russian International Affairs Council (RIAC).
The authors present the results of a comprehensive review of Russian–Chinese trade, economic, financial and cross-border relations, analyse the impact of strengthening bilateral cooperation between the Russian Federation and the People’s Republic...
... 2013
[6]
.
The share of goods exported to Russia in 2013 accounted for 8.3% of Ukraine’s GDP, whereas that to the EU – only 0.8% of GDP.
The Luhansk and Donetsk regions, also known as Donbass, are much more important for Ukraine’s economy. In 2012 the Donetsk region had the highest per capita GDP, €20,700, while the corresponding figure for Luhansk varied from €6,500 to €9,500
[7]
. Donbass’ share in Ukraine's GDP was 16% in 2013; the Donetsk region, with ...
... between 1991 and 2008. Before the financial crisis caused by, largely by American banking system Russia has made tremendous strides in economic modernization, not everything that was hoped for but certainly impressive gains. In part this was a hydrocarbon economy but not only.
EPA / SERGEI CHIRIKOV
Igor Istomin:
Unraveling the Enigma: Western Expert
Community Seeks to Explain Russian Policy
There were other reasons, including first-stage liberalizing economic reforms that happened during the first term ...
... insinuations and spin doctoring. We met with
Arnaud Dubien
, Director of the think tank Observo located at the Franco-Russian Chamber of Commerce and Industry, to hear about the problems related to Russia business, foreign investments in the Russian economy, the pre-election mood in France and his favorite books.
The Russian media insists that foreign investments are returning to Russia. Do you think that this is true?
The answer is not that easy. The crisis is still present, although it seems to ...
... has 132 thousand. Most of these users are opponents of Dilma Rousseff’s government and are campaigning for changes in the current model of development, the adoption of a policy of economic liberalization, limits on government interference in the economy and the creation of more favorable conditions for entrepreneurs. A small minority – in particular, the “Down with All” movement (Fora Todos) – unites left-wing radicals,
advocating the establishment of workers’ power
...
... China’s foreign exchange policy. Both factors are essentially “technical”, rather than fundamental. As such, they answer the main question regarding this reshuffle of leading borrowers: Is Japan regaining lost ground in the global economy?
At the same time, a full and complete answer to this question is impossible without projecting the situation onto the macroeconomic situation in both countries. The policy of quantitative easing in Japan is one of three areas of “Abenomics”,...
... index for evaluating interstate differences is GDI (gross national income) per capita (Fig. 1). Since 1991, India has been in the top ten countries of the world in terms of economic growth. Despite the decline in this figure to 4.4% in 2014, the Indian economy has shown accelerated development in its service industry, as well as a recovery in its agriculture sector
[1]
. Moreover, economic growth in 2015 is expected to reach 6.2% due to an increase in industrial production and new investment projects....
