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Current Developments of China’s One belt, One Road Initiative


Over the last three decades, China has reached a high economic growth rate. Now, functioning in an open economy, Chinese business firms need to enter global markets and participate more actively in global competition. The co-construction of the One Belt, One Road (OBOR) project launched by the Chinese leader Xi […]

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June 26, 2016


Why is China Moving Production Facilities to Kazakhstan?


The total number of industrial enterprises of China ranks first in the world. Currently, about 3/5 of the labor force working in heavy industry have generated half of the industrial output.[i]. More than half of the main public fund industry is concentrated in large cities with population over 500 thousand […]

June 25, 2016


Turkmenistan’s Offshore Oil and Gas Exploration in the Caspian Sea


Since Turkmenistan is an energy-rich Central Asian country with significant hydrocarbon reserves, the oil and gas industry is a key contributor to the country’s economic growth. Nowadays, natural gas, crude oil and oil products make up about 80% of the country’s exports. Therefore, the sustainable capacity development of the oil […]

June 22, 2016


The EU and Kazakhstan Upgraded Their Level of Cooperation*


Kazakhstan became the fırst Central Asian country which upgraded its relations with the European Union (EU) to a new level of cooperation after signing the Enhanced Partnership and Cooperation Agreement (EPCA) on December 21, 2015. However, the agreement has not come into force yet since it requires the ratification by […]

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June 17, 2016


Benefits of New Indicators to Immigration Researches


Executive Summary: Every year millions of people migrate to another country with different purposes and due to different circumstances. Majority of the researches in the immigration literature have been analyzing this process from social, economic and cultural perspectives in order to reveal the effects of migration to the host country. On […]


Security Issues of the Caspian Sea Region


In the context of global security challanges that spread across the Middle East and North Africa dramatically reshaping the geopolitical landscape of the region more than anything else demonstrated the importance of ensuring  international and regional security. The newly unstable security environment has created an array of challenges for Eurasia […]

June 16, 2016


AZERBAIJAN’S BANKING SECTOR AFTER THE SWITCH TO FLOATING EXCHANGE RATE REGIME


In 2014, the Central Bank of Azerbaijan stated that the banking sector in Azerbaijan started to develop as a result of ongoing positive dynamics of macro indicators and regulations which were characterized by the role of banks in the economy. According to Financial Sector Assessment Paper (2012) prepared by the […]

June 14, 2016


Asya Avrupa No: 6


Merhabalar, Asya Avrupa dergimizin Haziran 2016 sayısı ile karşınızdayız. Bu sayımızda bir röportaj, üç analiz ve on yedi haber yorum yazımıza yer verdik. Analizlerimizden bir tanesindepetrol piyasasında İran ve Kazakistan’ın durumu kısaca ele alınmıştır. Bu çerçevede İran üzerindeki yaptırımların kalkması ve bu çerçevede küresel piyasada İran petrolünün payının artması her […]

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June 13, 2016


The Implementation of Fiscal Policies in the Economy of Kyrgyzstan


As Kyrgyzstan is an oil importer country, low oil prices in the world market have contributed to high consumption and growth in the country. As a result of a significant increase in gold exports, economic growth was also driven by net trade. Despite the recession in Russian economy, which caused a decline in the demand for Kyrgyz goods […]

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June 8, 2016


Economic Development in Uzbekistan: Results of 2015 and Future Priorities


Despite the negative effects of the global financial crisis on the economy of Uzbekistan, the developments in 2015 demonstrated that Uzbekistan achieved a considerably high economic growth rate and macro economic stability due to the consistent implementation of the economic program, the priorities of which include the provision of fundamental structural reforms, protection of private property and small business […]

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June 1, 2016


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