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Food is a key product in international trade. Global trade in agricultural products improves food security, affects prices, and directly influences many agricultural input-dependent industries. Higher supplies of agricultural and food products keep prices low and stable, which is important for low-income economies. Therefore, the political stability of the global […]

Like most of the other nations in the world, Kazakhstan is believed to be an urbanizing country. Relocation of people from rural areas to cities has long become a major global trend in most parts of the world and Kazakhstan is not an exception. According to United Nations estimates, nearly […]

The visibility of crypto assets in our daily lives is increasing day by day, so the familiarity with cryptocurrencies and decentralized financial platforms is also rising. The aforementioned visibility is also increasing thanks to the news circulating in media about the significant gains or large losses occurred due to crypto […]

Uzbekistan’s foreign economic policy plays an important role in the implementation of its economic reforms. The country actively supports Central Asian integration, became an observer state in the Eurasian Economic Union, and deepens its cooperation with the European Union and China. At the same time, Uzbekistan’s cooperation with the countries […]

China’s economic and political rise was driven mainly by its economic reforms, which stimulated a significant inflow of foreign direct investments. These investments allowed China to develop its key sectors, increasing the country’s competitiveness and contributing to the growth of trade. The rise of China’s economy and the accumulation of […]

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 […]

International trade plays an important role in Turkey’s economy. Export remains a significant source of revenue for the country. Turkey is an important supplier of agricultural, manufacturing and technological products to the global market. Therefore, this commentary aims to analyze the dynamics of Turkey’s foreign trade, show its key trade […]

On December 30, 2020, the European Union (EU) and China marked a new level of engagement with the completion of negotiations on the Comprehensive Agreement on Investment (CAI). As agreed during the joint virtual conference between the heads of member states, once signed and ratified, the CAI is expected to […]

Agriculture plays an important role in the global economy. Its functions are broad and include provision of food security, triggering of economic and industrial growth, poverty reduction, narrowing of income disparities, delivery of environmental services and structural transformations [Byerlee et al., 2009]. In the period of economic and political shocks, […]

One of the largest economic shocks that have marked 2020 was the tremendous decline of oil prices that broke the minimums of 2016 and reached the levels of 2003 [Markets.businessinsider.com, 2020]. In 2020, the estimated oil demand dropped by unprecedented 9.7% compared to 2019 [OPEC, 2020]. Strict quarantine measures, as […]