Economy

May 16, 2022

Economic Cooperation between Uzbekistan and China

Uzbekistan remains one of the key countries in Central Asia. Since the implementation of the new economic policy, the country’s economic cooperation with external powers, including Russia, China, and the countries of the European Union has deepened considerably. In this sense, China’s presence in Uzbekistan increased significantly. Therefore, this commentary […]
May 7, 2022

Flood Threat in Kazakhstan: Is the Source of the Problem Natural Causes or the Human Factor?

Due to the accelerating global-scale air pollution, the emission of various gasses into the atmosphere without much treatment increases the level of global warming. According to the United Nations data, the average global temperature has increased by 1.1°C since the industrialization period. Global warming, along with rising average temperatures, causes […]
April 18, 2022

The Effect of Sanctions on Iranian Economy

An agreement on the Joint Comprehensive Plan of Action (JCPOA) was signed be-tween Iran and P5 + 1 countries (the five permanent members of the UN Security Council: China, France, Russia, USA, UK and Germany) in 2015, in which Tehran’s nuclear activities were regulated and controlled in exchange for the […]
March 4, 2022

The Caspian Sea with the Status of “Lake with Marine Elements”: Suitable for which Country?

The Caspian Sea is the world’s largest inland body of water with an area of approximately 398 thousand square kilometers. Along with its large hydrocarbon reserves, the Caspian Sea is home to 90% of the world’s sturgeon stocks. More than 20 animals and about 20 plant species grow in the […]
February 28, 2022

Old Europe, New Europe and the Associated Trio

In some literature and discussion, one can see Europe divided into “Old Europe” and “New Europe”. It is believed that the distinction between the two Europes was first made in a public speech by then U.S. Secretary of Defense Donald Rumsfeld in January 2003 [Defense.gov, 2003] to make a distinction […]
February 28, 2022

Economic Cooperation between Central Asia and China

Central Asia is one of the most important regions for China in terms of economics, politics, and security. China’s role in the region is permanently increasing. It remains a key trade partner for all Central Asian countries. Moreover, China provides the region with substantial investments, primarily in the energy sector. […]
February 2, 2022

Recent Developments in the Global Supply Chains

Development of the global supply chains gained importance following the pandemic-related disruptions, which caused negative consequences such as inflation. Economists and policy experts are debating about the future of the global supply chains as policy responses from advanced and developing economies were different. Therefore, this commentary aims to review recent […]
February 1, 2022

Foreign Direct Investments in the Era of Pandemic: Perspectives for the Eurasian Region

Despite the fact that the severe acute respiratory syndrome (SARS) outbreak during 2002-2004 caused by the first known zoonotic coronavirus affected a relatively small number of people and countries, its negative impact on the financial flows, particularly Foreign Direct Investment (FDI), was well noticed by financial analysts, although the final […]
November 22, 2021

Eurasia Battle for Electric Batteries: View from Ukraine

The world shift towards decarbonization and achieving complete electricity generations from renewable energy sources (RES) creates a new power configuration in energy geopolitics. Apart from global state competition for investment in green projects (e.g., power stations, hydrogen infrastructure, carbon capture utilization & sequestration facilities), there is an ongoing trend in […]
November 22, 2021

The Crypto Ban, Great Migration and Bitcoin Mining in Kazakhstan

In July 2021, the Cambridge Centre for Alternative Finance (CCAF), one of the leading research institutes in the world focusing on non-traditional financial instruments, which came into prominence, among other things, for the Cambridge Bitcoin Electricity Consumption Index (CBECI) [Cbeci.org, 2021], a real-time index that tracks the total electricity consumption […]