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Elusive Development

A blog about development challenges in the developing world

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Author: Dmitry Pozhidaev

“Getting More Than They Earned”? Reflections on Safronov’s Great Soviet Economy
  • Dmitry Pozhidaev
  • July 10, 2025July 11, 2025

“Getting More Than They Earned”? Reflections on Safronov’s Great Soviet Economy

In my most recent project on Serbia’s Productivity and Wage Dynamics, I analyzed the long-term relationship between real wages and labor productivity, demonstrating that despite periods of wage g

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When the Economy Turns Against the Regime: Crisis and the Authoritarian Order
  • Dmitry Pozhidaev
  • June 22, 2025

When the Economy Turns Against the Regime: Crisis and the Authoritarian Order

In a previous article, I analyzed the economic consequences of the protests. As I noted (and the figures for the first quarter of this year, published by the Statistical Office of the Republic, cle

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From Billions to Trillions to Traps: Rethinking Development Finance from the Periphery
  • Dmitry Pozhidaev
  • June 5, 2025

From Billions to Trillions to Traps: Rethinking Development Finance from the Periphery

The failure of the “billions to trillions” agenda is not just a technical shortfall — it reflects deeper structural imbalances in global finance. While MDBs continue to mobilize capital throu

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UN Reform at a Crossroads: Merge, Shrink, or Rebuild?
  • Dmitry Pozhidaev
  • May 3, 2025May 18, 2025

UN Reform at a Crossroads: Merge, Shrink, or Rebuild?

A crisis response or a structural reboot? The recent Reuters report titled “Exclusive: UN eyes big overhaul amid funding crisis, internal memo shows” reveals that the United Nations is contempl

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Introduction to Yugoslavia (Uvod u Jugoslaviju), by Dejan Jović
  • Dmitry Pozhidaev
  • April 19, 2025

Introduction to Yugoslavia (Uvod u Jugoslaviju), by Dejan Jović

Introduction History knows several Yugoslavias: the monarchy before World War II, the socialist federation (1945-1991), and the “rump Yugoslavia” (1992-2006). It is the second Yugoslavi

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No Enemies of Capital Here: Why Trump Isn’t Leading a Socialist Revolution
  • Dmitry Pozhidaev
  • April 13, 2025

No Enemies of Capital Here: Why Trump Isn’t Leading a Socialist Revolution

Wealth destruction, a universal feature of social revolutions Branko Milanovic, a prominent inequality scholar and former lead economist at the World Bank, recently posted on X: “Every socialist

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Who’s Afraid of Tolstoy? On Propaganda, Memory, and Minority Rights
  • Dmitry Pozhidaev
  • March 28, 2025March 29, 2025

Who’s Afraid of Tolstoy? On Propaganda, Memory, and Minority Rights

Ashkelon: A city of diversity in a geopolitical crossroad Each time I visit Ashkelon in Israel, I am struck by its remarkable diversity. Few places can match its rich cultural and ethnic mix: East

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From Hemlines to Heels: Can Fashion Trends Predict Economic Cycles?
  • Dmitry Pozhidaev
  • March 9, 2025

From Hemlines to Heels: Can Fashion Trends Predict Economic Cycles?

There are many indicators of economic activity and the overall state of the economy. The best known is Gross Domestic Product (GDP)—even if this indicator is far from uncontroversial, as I have a

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From Confrontation to Engagement: The strategic logic of US rapprochement with Russia
  • Dmitry Pozhidaev
  • March 1, 2025March 3, 2025

From Confrontation to Engagement: The strategic logic of US rapprochement with Russia

Introduction: A tectonic shift or strategic realignment? The US re-engagement with Russia under the Trump administration came as a shock to many, particularly to its European allies. For decades (w

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Is Serbia’s student protest movement at an impasse?
  • Dmitry Pozhidaev
  • February 27, 2025February 27, 2025

Is Serbia’s student protest movement at an impasse?

Originally published at LINKS Two weeks have passed since I published my analysis of Serbia’s student protests. While the situation remains fluid and fast-developing, it has not changed

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