March 26, 2018

March 2018 Presidential Election in Russia

During recent presidential election in Russia held on March 18, 2018, incumbent President Vladimir Putin secured a vote of confidence by winning a landslide re-election victory. As a result, 65-year-old Vladimir Putin will extend his rule as a head of Russia for another six years until 2024. In fact, Putin […]
March 19, 2018

Mortgage Lending in Kazakhstan: Analysis of Recent Years

The possibility of owning a home by getting a mortgage loan is a well-established practice worldwide. Quite low interest rates and acceptable payment terms make mortgage lending attractive for the population, especially in developed countries. However, the situation in Kazakhstan’s market of mortgage lending has a number of distinctive features. […]
March 12, 2018

Current State of Iran-Russia Economic Relations

Relations between Iran and Russia, which share borders across the Caspian Sea, date back to the 16th century and have experienced both the periods of turbulence and collaboration. However, it is not an exaggeration to say that since the collapse of the Soviet Union the Iranian-Russian relations have improved significantly. […]
March 5, 2018

Kyrgyzstan-NATO Cooperation: Constructive but Limited

Kyrgyzstan began developing cooperation with the North Atlantic Treaty Organization (NATO), along with other Central Asian states, in 1992 after joining the North Atlantic Cooperation Council (NACC), which was established by the alliance in December 1991 as a forum to discuss and coordinate security issues with its emerging partners. Bishkek’s […]
February 26, 2018

Russia’s Demographic Crisis: Is There a Way Out?

Ensuring sustainable population growth has entered the list of challenges for a large number of countries. In today’s world, many developed economies, primarily in the West, are in the list of countries whose populations are shrinking at a rapid pace. According to the United Nations standard for sustainable growth, the […]
February 19, 2018

Economics of Demographics in Central Asia

As of January 2018, the population of the five Central Asian countries, Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan and Turkmenistan, reached a landmark figure of 71 million people. Uzbekistan, being the most populated country in the region, has a population of 32.12 million people, followed by Kazakhstan with 18.16 million people, while […]
February 12, 2018

Main Outcomes of Kazakhstan’s UNSC Presidency

January 31, 2018, marked the end of Kazakhstan’s month-long presidency at the United Nations Security Council (UNSC). Kazakhstan’s presidency in the world’s most important political body for the month of January was a culmination of its non-permanent UNSC membership and a significant milestone in its strategy of building a positive […]
February 5, 2018

Developments in China’s Railway Diplomacy

In recent years, China’s overseas high-speed rail (HSR) projects have been of great importance for shaping the country’s new diplomatic strategy, namely, railway diplomacy, which has become a new form of Beijing’s foreign policy along with ping-pong diplomacy, panda diplomacy, and energy diplomacy. The high-speed rail projects, which are carried […]
January 29, 2018

Current Developments in Kazakhstan’s Oil and Gas Sector

Nowadays, Kazakhstan is among the world’s fastest-growing primary energy source producers and exporters. The energy industry of Kazakhstan includes oil, gas and coal production, and electricity generation. Being at the heart of Kazakhstan’s energy industry, the  oil and gas sector traditionally generates a large percentage of the country’s GDP. For instance, […]
January 22, 2018

The Structure of Kazakhstan’s Budget System and Recent Changes in Budget Revenues

The state budget is a key element of the national economy and entire financial system of any state. Since independence, Kazakhstan has been making intensive efforts to in-crease efficiency of the budget expenditures and budget process by implementing a number of the budget legislation reforms. The enactment of the Concept […]