This group conducts inter-disciplinary academic researches in economics, finance, energy, environment and technology.
After the collapse of the Soviet Union, all former Soviet Union countries adopted market economies instead of planned economy. Market economy implies the presence of the private companies, while during the Soviet Union all companies were state-owned.
On November 15, 2015, the President of Kazakhstan, Nursultan Nazarbayev, signed a law “On the Compulsory Social Health Insurance”.
As one of the main global political and economic actors, the European Union (EU) has a special place in Azerbaijan’s foreign policy, which adheres to a multivector cooperation and partnership. The relationship between the two parties dates back to 1991.
Recent political and economic shifts following the global financial crisis of the last few years triggered further rise of Eurasia, which has become a geopolitical symbol that indicates full transition towards a multipolar world.
In his research, Fischer (1996) noted that long run price stability should be the main goal of a central bank, and he stated that there could also be some other goals of a central bank, such as achieving full employment and output growth.
Russia is one of the countries in the world, which has a complex geographical location. Apart from having the largest land area, it also has the second longest land border and third longest coastline in the world and shares common borders with 14 countries.
The 2015 year was a difficult year for Russia due to the economic slowdown in the economy and sharp depreciation of ruble against the dollar.
In his yearly Address on January 31, 2017, the President of Kazakhstan, Nursultan Nazarbayev, announces that the country has to shift to a new economic growth model – to the third modernization.