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1. Economic Impacts of the Sanctions on the Russian Economy and Stabilization Measures for Economic Cooperation between Korea and Russia

Author:
Minhyeon Jeong
Publication Date:
06-2024
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
There are concerns that the economic sanctions imposed by the West on Russia will continue even after the end of the Russia-Ukraine war, which began in 2022 and has since prolonged. This is because the nature of the war encompasses a multifaceted structure that cannot be easily explained by the mere clash of interests between Russia and Ukraine, the primary parties involved. Therefore, it may be overly optimistic to expect that the Western sanctions against Russia will be fully lifted following the conclusion of the war. If there is a high likelihood that the Western economic sanctions against Russia will be prolonged, it is necessary to systematically analyze the long-term impact of these sanctions on the Russian economy. Even though Russia's economic growth rates in 2022 and 2023 were more favorable than anticipated by the West, it cannot be definitively stated that the long-term effects of the sanctions will be negligible. This is because the intrinsic nature of the sanctions against Russia is to "impose economic isolation," suggesting that the prolonged duration of these sanctions is likely to have structurally adverse long-term effects on the Russian economy. Meanwhile, the Government of the Russian Federation is devising and establishing various domestic and international strategies in order to minimize the structural adverse impacts on the economy. By thoroughly re-viewing these domestic and international strategies, it is essential to systematically understand the direction of development within the Russian economy and the demand for international economic cooperation. This understanding will allow for the rapid restoration of economic cooperation between Korea and Russia, and the enhancement of cooperative synergy amid prolonged sanctions. Given this backdrop, this manuscript aims to summarize three key conclusions from the work of Jeong et al. (2023). First, we provide a theoretical and empirical analysis of the long-term impact of Western sanctions on the Russian economy. Second, we review the foreign and domestic policies of the Russian Federation in response to the prolonged sanctions following the war. Third, based on the findings of the first and second analyses, we explore measures to stabilize economic cooperation between Korea and Russia under the anticipated prolonged sanctions.
Topic:
Sanctions, Economy, Economic Cooperation, and Stabilization
Political Geography:
Russia, Asia, and South Korea

2. China's Contribution to the Stabilization of 'Democratic' Afghanistan

Author:
Lukasz Jurenczyk
Publication Date:
08-2022
Content Type:
Journal Article
Journal:
AUSTRAL: Brazilian Journal of Strategy International Relations
Institution:
Postgraduate Program in International Strategic Studies, Universidade Federal do Rio Grande do Sul
Abstract:
The People’s Republic of China and Afghanistan established diplomatic relations in 1955. In the following decades of the Cold War, however, relations between the countries were limited, which was due to the main directions of the foreign policies of both countries. Afghanistan focused on balancing the influence of the USSR and the US on its territory. China, in turn, adopted a rotational stance towards superpowers, and in the region, it strengthened political, economic and military cooperation with Pakistan (Zaborowski 2012, 142). In the 1970s, China supported the pro-communist Shu’lai Javid (Eternal Flame) party operating in Afghanistan. Members of Parcham, the pro-Moscow wing of the People’s Democratic Party of Afghanistan (PDPA), contemptuously described its members as Maoists (Levi-Sanchez 2017, 46). During the Soviet occupation of Afghanistan, Beijing allowed Xinjiang Uyghur Muslim fighters to pass through the Wakhan Corridor into Afghanistan to support the mujahideen insurgency there. At that time, political relations between states were maintained only at the consular level.By February 1989, the Soviets withdrew their troops from Afghanistan, and in September 1992 the last communist president - Mohammad Najibullah (09.1987-09.1992) was overthrown. However, this did not end the civil war, as individual mujahideen groups fought for influence in the country. The war destabilized not only Afghanistan, but also the border areas of neighboring countries, including the Western border of the PRC. In 1992, the President of Afghanistan - Burhanuddin Rabbani (06.1992-09.1996) tried to normalize relations with Beijing, but due to increasing military operations in 1993 China withdrew its diplomatic representation from Kabul. When the Taliban took power in Afghanistan in 1996, the country fell into international isolation in which China participated. During the Taliban regime, Afghanistan hosted al-Qaeda, which trained around 1,000 Uyghur fighters in the camps there. In Beijing, this caused serious concern and encouraged the Chinese authorities to intensify security cooperation with Pakistan. According to leaders of the Chinese Communist Party (CCP), most of the security problems in the Muslim-dominated Xinjiang province were to be caused by neighboring Afghanistan. For example, the 1997 incidents in the province, known as the Yining riots, were considered to be Taliban-inspired (Cheema 2002, 308)
Topic:
Diplomacy, Hegemony, Democracy, and Stabilization
Political Geography:
Afghanistan, China, Middle East, Asia, North America, and United States of America