E-Bulletin – Page 33

February 9, 2016

A Brief Look at the Fiscal Management of the Economy of Turkmenistan

Among the Central Asian countries, Turkmenistan has grown significantly due to the high amount of natural resources, mainly hydrocarbons. After the breakup of the Soviet Union, having great natural gas deposits, Turkmenistan improved its economy by implementing structural reforms. However, since 2014, like the other Central Asian countries, Turkmenistan has […]

February 2, 2016

MILITARY CONFLICTS IN AFGHANISTAN AND ONGOING IMPORTANCE OF TERMEZ AS A SPRINGBOARD

The necessity for a comprehensive review of armed conflicts that lasted in Afghanistan for centuries is caused by the need to identify both the current situation and the possible prospects of development in the region. Being a strategic springboard on the Amu Darya’s shore the Termez city, located on the […]

January 27, 2016

Military Cooperation between the United States and Kyrgyzstan: The Case of the Manas Airbase

Since gaining independence in 1991 Kyrgyzstan has officially been globalized. The relations of the United States (U.S.) with Central Asia commenced in the early 1990s, entailing diplomatic recognition and opening of embassies. According to the agreement between the governments of the U.S. and Kyrgyzstan regarding cooperation to facilitate the provision […]

January 19, 2016

NEW EUROPEAN NEIGHBORHOOD POLICY: KEY POINTS FOR AZERBAIJAN

Successful eastern enlargement brings the borders of the European Union (EU) close to the Post-Soviet countries, namely, Azerbaijan, Belarus, Georgia, Ukraine, Armenia and Moldova. In order to ensure close political association and high degree of economic integration with their eastern neighboring countries the EU members launched the European Neighborhood Policy […]

January 13, 2016

Rogun Dam Project: Challenges and Prospects

Since the collapse of the Soviet Union there have been an ongoing competition between the energy generation and irrigation sectors of the upstream and downstream countries in Central Asia. Hence, the downriver countries, Kazakhstan, Turkmenistan and Uzbekistan, mainly consume water for agricultural purposes, while the upstream countries, Kyrgyzstan and Tajikistan, use water as a source of hydro energy. In the past, […]

January 5, 2016

Energy Relations between China and the Caspian Littoral States

Over the past few years China has been ranked at the top of the world’s top energy consumers. China’s total energy consumption increased from 1,470 million tons of coal equivalent (Mtce) in 2000 to 4,260 Mtce in 2014. Coal that accounted for about 66% of total energy consumption by the […]

December 24, 2015

Current Energy Relations between Turkmenistan and Russia: Trends and Prospects

Turkmenistan is one of the most important energy-rich countries not only in Central Asia but also in the whole world regarding its oil and natural gas reserves. According to the BP World Energy Statistics Report 2014, while the amount of proven natural gas reserves in the world is 187 trillion cubic meters, Turkmenistan is the fourth country in the […]

December 22, 2015

PROSPECTS FOR NUCLEAR POWER DEVELOPMENT IN KAZAKHSTAN

For a number of years Kazakhstan has seriously been considering a construction of a nuclear power plan (NPP) on its territory. It was not an unexpected development for a country that hosted the BN-350 fast reactor in Aktau (formerly Shevchenko) in western Kazakhstan during the Soviet times. The reactor that […]

December 9, 2015

The Current Situation of the Foreign Direct Investments in the Economy of Uzbekistan

The foreign direct investments (FDI) have become a key source of growth in many transitional economies. Therefore, attracting the FDI into the national economy has become one of the objectives of the investment policy of Uzbekistan. Legal framework and regulation of attracting foreign investments in the Republic of Uzbekistan is […]

December 8, 2015

Shifting to Inflation Targeting Strategy in Kazakhstan’s Economy

Theoretically, inflation targeting (IT) is a monetary policy strategy which is characterized by public announcement of official quantitative targets for the inflation rate over one or more time horizons and by explicit acknowledgement that low and stable inflation is the primary long-run goal of monetary policy. All IT strategies implemented […]