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For many years, Chinese leaders have argued that the international financial institutions have failed to recognize China’s elevated stature in the global economy. [1] While recent reforms have boosted China’s contributions and voting shares, China remains under-represented with respect to its weight in the global economy. [2] Since beginning market-oriented […]

Following the establishment of diplomatic relations in January 1992, South Korea and Uzbekistan adopted a package of documents that laid the foundation for the development of closer cooperation between the two countries. Since then, South Korea has long been a reliable and proven strategic partner of Uzbekistan.  

According to the report published by the National Bank of Kazakhstan (NBK) on January 31, 2018, the investments in Euro done by individuals were the most profitable in national currency equivalent amongst other financial instruments in 2017. It was noted that individuals’ de-posits in Euro made about 15.3% income growth […]

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 […]

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 […]

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. […]

Değerli Asya Avrupa okuyucuları, Hoca Ahmet Yesevi Üniversitesi’ne bağlı Avrasya Araştırma Enstitüsü olarak her ay yayınladığımız ve dört dilde (Türkçe, Kazakça, İngilizce, Rusça) içerik barındıran haber analiz dergimiz Asya Avrupa 27. Sayısına erişmiş bulunuyor. Her zamanki gibi bu sayımızda da, Enstitü uzmanlarımız, Avrasya gündemini yakından ilgilendiren pek çok konuyu dikkatinize […]

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 […]

Merhaba kıymetli okuyucularımız, 2018 Yılının ilk AsyaAvrupa sayısı ile karşınızdayız. Yeni yılın tüm insanlığa huzur ve esenlik getirmesini diliyoruz. Hiç şüphesiz, Avrasya bölgesindeki istikrarın korunması ve geliştirilmesi bu minvalde en önemli dileğimizdir. Bu bölgedeki barış, istikrar ve kalkınma ortamının muhafazası, yalnızca bölge ülkeleri için değil, söz konusu coğrafyanın küresel düzlemdeki […]

In 1996, the foreign ministers of Azerbaijan, Iran, Kazakhstan, Russia, and Turkmenistan held the first meeting dedicated to resolving the issues of the Caspian Sea legal regime with special attention paid to harmonizing positions and developing common approaches towards drafting the Convention on the Caspian Legal Status. Over the past […]