June 11, 2018

Undecided Fate of Illegal Migrants in European Union

As of 2016, there were 65.6 million people across the world who had been forced to leave their homes due to various reasons. Among them, 22.5 million were reported to seek refuge abroad, while 10 million people were registered as stateless persons, and the rest were relocated to a different […]
June 4, 2018

Banking Reforms in Uzbekistan and their Impact on the Country’s Economy

The current banking system of Uzbekistan has begun to take shape since independence and went through the several stages. The reform of the banking sector was intended to promote the development of the national economy, improving the social and economic well-being of people. The law on banks and banking activities […]
May 21, 2018

Social Aspects of Population Aging in Eurasia

The aging of the population becomes one of the most significant and inevitable social challenges of this century, the consequences of which will affect labor markets, the production of goods and services, as well as the subtle scope of human interconnections. According to the report “World Population Prospects: The 2017 […]
May 14, 2018

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% […]
May 7, 2018

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 […]
April 30, 2018

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 23, 2018

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 […]
April 16, 2018

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 […]
April 9, 2018

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 […]
April 3, 2018

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 […]