Yuriy Gorodnichenko

Writing for PS since 2015
1 commentaries
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Yuriy Gorodnichenko is Professor of Economics at the University of California, Berkeley.

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Putin’s European Fifth Column
premier.gov.ru

Putin’s European Fifth Column

Feb 13, 2015 Yuriy Gorodnichenko, et al. argue that Putin’s outreach to Euroskeptics is part of a looming battle of values.

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Stopping Russia Starts in Syria
Apr 27, 2014

Related post
http://www.voxeu.org/article/what-stake-crimea
The Road to Slovyansk
Apr 27, 2014

Ms. Koike makes a good point. The international law is based on a system of promises and threats. Most of the time, nobody deviates from law. However, when there is a violation of the law, there should be a tangible reaction with material implications for those who violated the law. Otherwise, the whole system of relations is worthless.
Just think about the case when criminals are not punished: the lack of punishment invites greater crimes.
Kennan’s Revenge
Apr 27, 2014

related post
http://voxukraine.blogspot.com/2014/04/russia-west-relationship-long-telegram.html
Ukraine and Beyond
Apr 22, 2014

It seems we're going to see a war of attrition before political leaders are going to start looking for a real solution to the crisis. In this sense, it is similar to the Cold War when one party was waiting to another party to cave in. This time however it is not clear how Russia is going to win in the end. It seems that all fundamentals (economic, military, political) are not in Russia's favor.
- Carl Buzawa Apr 24, 2014
  
  Long term you might be right but Putin, if smart could settle for the Balkanization of the Ukraine into semi autonomous regions that are really led by fear of the little green men you see with sub machine guns at each occupied town, supplemented with the assassination of pro Ukrainian politicians in this area. The USA's current President nor Angela Merkel would not likely deploy enough meaningful threats to change the mind of a cruel, bloody but crafty former KGB operative.
  
  My hope though is that this reenergizes NATO to bring the European forces up to where they should be, and to diversify their energy sources as quickly as possible (by fracking, importing nat gas from Algeria, Qatar and the USA as well as reminding all of the other neighbors of Russia, like Kazakhstan, Azerbaijan and Georgia to rearm and be extremely wary of similar "spontaneous" outbreaks of discontented Russian nationals
  A new reply to this comment has been posted.
Putin’s Perilous Course
Apr 22, 2014

Economic sanctions are not going to work over night. Isolation is going to wear down the Russian economy, like it did with the Soviet economy. Some sanctions however can have effects even in the short run. For example, a collapse of oil prices can finish Putin's regime in Russia.

The Economic Consequences of Automation

Robert Skidelsky

Economic theory does not provide a clear answer regarding the overall impact of technological progress on jobs. And even if automation has traditionally been beneficial in the long run, policymakers should never ignore its disruptive short-term effects on workers.

Jerome Powell’s Dilemma

Carmen M. Reinhart & Vincent Reinhart

There is a reason that the US Federal Reserve chair often has a haunted look. Probably to his deep and never-to-be-expressed frustration, the Fed is setting monetary policy in a way that increases the likelihood that President Donald Trump will be reelected next year.

Brexit House of Cards

Mark Malloch-Brown

Following British Prime Minister Boris Johnson's suspension of Parliament, and an appeals court ruling declaring that act unlawful, the United Kingdom finds itself in a state of political frenzy. With rational decision-making having become all but impossible, any new political agreement that emerges is likely to be both temporary and deeply flawed.