Kazakhstan Responds To Recent “Territorial Claims”
In the early days of December, as the entire nation of Kazakhstan was preparing to celebrate the 29th anniversary of independence amidst the fears of the second wave of the Covid-19 pandemic and restrictive measures it might bring in, the blatant statement by a Russian Member of Parliament had severely […]
A Promising Green Energy Resource in Kazakhstan: Solar Power
Kazakhstan is rich in different mineral resources, oil, gas and coal being the most important ones for the economy of the country. Therefore, since independence, the government of Kazakhstan mainly focused on developing the fossil fuel industry rather than alternative energy resources. However, due to its geographic location, the country […]
Horizons of Oil Era in Light of the COVID-19 Crisis
One of the largest economic shocks that have marked 2020 was the tremendous decline of oil prices that broke the minimums of 2016 and reached the levels of 2003 [Markets.businessinsider.com, 2020]. In 2020, the estimated oil demand dropped by unprecedented 9.7% compared to 2019 [OPEC, 2020]. Strict quarantine measures, as […]
The Phenomenon of Deflation in Germany
In Germany, the negative inflation, also called deflation, was recorded for the fourth time in a year. The deflation means the decrease in price levels for goods and services. In October 2020, in Germany, the aggregate index of wholesale prices for goods and services decreased by 0.2% in comparison with […]
What the World Values Survey Results Say
There is an enormous number of studies in the world aimed at analyzing the populations of different countries, regions, and areas through various prisms, such as social, political, economic, religious, and cultural ones. This type of data grants the ability to explain the actions and nature of people and societies, […]
An Overview of Agricultural Development of Russia
Agriculture remains one of the most important sectors in Russia’s economy and the country’s authorities perceive it as one of potential economic growth drivers. The sector experienced significant decline during the 1990s, but started to recover in the 2000s. During the last decade, the country’s agriculture demonstrated steady growth. After […]
The Risks of Corruption: The Case of Central Asia
Corruption remains one of the main threats for global development as it persists in the majority of countries. It is a major challenge not only for developing states, but also for the advanced ones. Data shows that annual costs of corruption, bribery, theft and tax evasion, and other illicit financial […]
Potential of the Regional Comprehensive Economic Partnership for Asia Pacific
On 15 November 2020, 15 countries of the Asia Pacific region entered into the largest free trade agreement in history, known as the Regional Comprehensive Economic Partnership (RCEP). Envisioned to be the framework for facilitating trade and services, the RCEP aspires to transform the future global trading system by introducing […]
Recent Developments on the Iranian Nuclear Agreement
Iranian nuclear program began in the 1950s in the framework of the United States of America’s (USA) “Atom for Peace” program. With the 1979 Iranian revolution, USA’s support was halted and Islamic Republic of Iran (IRI) continued to develop its nuclear program itself. However, since the Iranian nuclear program was […]
Presidential Election in Moldova: A New Turn to the West
The leader of the Action and Solidarity Party of Moldova Maia Sandu has in the second round of presidential election defeating the incumbent president Igor Dodon, who ran as an independent candidate. Eight candidates representing practically all political parties of Moldova took part in the first round of the election. […]
