In 2015, remittance inflow to developing countries increased by 0.4% to $431.6 billion from $430 billion comparing with 2014. However, global remittances, including the ones from high-income countries fell by 1.7% to $581.6 billion in 2015 (WB, 2016).
Russia is an essentially important country for Central Asian migrant workers. Considering the fact that 60% of the remittance to the Central Asian countries is coming from Russia, there is a heavy reliance on the Russian economy by the region countries.
Due to the globalization, thriving consumer society, and rapid development of the financial intermediation, consumer lending, which includes unsecured loans lent to individuals, has become a fastgrowing area of the banking services over the past ten years in developing countrie
In recent days, it seems that Gulen Community / Fethullah Terror Organization (FETO) and other terror organizations such as PKK and PYD have been used to damage the stability in Turkey, to separate its citizens deliberately, to betray the trust on democracy and politics and to
Today corruption is widely accepted as a threat for social-economic development in all countries. There are various reasons for this belief.
After the escalation of the conflict in Syria in 2011, 4.8 million Syrians have fled to the neighboring countries such as Turkey, Lebanon, Jordan, Egypt and Iraq. In addition, 6.6 million people are internally displaced in Syria.
According to the reports of the International Monetary Fund (IMF) and other international organizations, China, which has the second largest economy in the world, grew steadily until 2008 with approximately a 10% growth rate. China has become one of the leading economies in the
On June 23-24, 2016, 15th Summit of Shanghai Cooperation Organization (SCO) was held in Tashkent under the chairmanship of the President of Uzbekistan, Islam Karimov.
The energy relations between Azerbaijan and Georgia have shown a significant development which serves as a primary factor that have been strengthening their bilateral relations since 1992.
It is well known that over 90% of revenues, which go to the National Fund (NF) of Kazakhstan, originate from exports of energy resources.