Publication Categories

Political Turbulence in Armenia: the Triumph of “Street Democracy”

In 2018, Armenia entered the final phase of the political transition initiated in 2015 after Armenian voters approved the shift from the presidential to the parliamentary system of government with the changes to take effect during the 2017- 2018 electoral cycle. By winning the April 2017 parliamentary election with 49.17% […]


Tajikistan and NATO: Assistance-Based Partnership

Unlike other Central Asian states, Tajikistan was quite late in starting practical cooperation with the North Atlantic Treaty Organization (NATO), mostly due to the civil war that raged in the country in the first half of 1990s. It became a member of the North Atlantic Cooperation Council, which was later […]


Regional Repercussions of the Economic Recession in Russia

Since 2014, the Russian economy has been in recession caused primarily by the drop in oil prices and sanctions imposed by the western countries. In 2017, after two years of the negative growth, Russia’s GDP and industry production in-creased by 1.5% and 1.0%, respectively, while the inflation rate decreased to […]


April 2018 Presidential Election in Azerbaijan

On April 18, 2018, Azerbaijani leader Ilham Aliyev was sworn in for the fourth term as the president of Azerbaijan after a landslide victory in a snap election that had been rescheduled from October 17, 2018, to an earlier date and took place on April 11, 2018. The inauguration marks […]


Latest Developments in European Union’s Security and Defense Policy

On December 11, 2017, the Council of the European Union (EU) established a mechanism called the Permanent Structured Cooperation on security and defense (PESCO) with twenty-five EU members participating, except for Denmark, Malta and the United Kingdom (UK). PESСO is a treaty-based framework aimed at strengthening defense cooperation among the […]


Evaluation of Potential U.S.-China Trade War

The possibility that the escalation of trade tensions between the world’s two biggest economies, the United States and China, will turn into a trade war remains high on the global agenda. The trade conflict between the countries began on March 22, 2018, with U.S. President Donald Trump signing a memorandum […]


Recent Developments in the Ukrainian Banking Sector

Political upheavals in Ukraine that started in 2014 have caused a severe deterioration of the country’s economic situation, combined with the decline in the socio-economic well-being of Ukrainian citizens. The Euro-maidan protests resulted in the ouster of President Yanukovych, which led to Russia’s annexation of Crimea and the armed conflict […]


March 2018 Presidential Election in Russia

During recent presidential election in Russia held on March 18, 2018, incumbent President Vladimir Putin secured a vote of confidence by winning a landslide re-election victory. As a result, 65-year-old Vladimir Putin will extend his rule as a head of Russia for another six years until 2024. In fact, Putin […]


Mortgage Lending in Kazakhstan: Analysis of Recent Years

The possibility of owning a home by getting a mortgage loan is a well-established practice worldwide. Quite low interest rates and acceptable payment terms make mortgage lending attractive for the population, especially in developed countries. However, the situation in Kazakhstan’s market of mortgage lending has a number of distinctive features. […]


Current State of Iran-Russia Economic Relations

Relations between Iran and Russia, which share borders across the Caspian Sea, date back to the 16th century and have experienced both the periods of turbulence and collaboration. However, it is not an exaggeration to say that since the collapse of the Soviet Union the Iranian-Russian relations have improved significantly. […]