Why is China Moving Production Facilities to Kazakhstan?
The total number of industrial enterprises of China ranks first in the world. Currently, about 3/5 of the labor force working in heavy industry have generated half of the industrial output.[i]. More than half of the main public fund industry is concentrated in large cities with population over 500 thousand […]
Turkmenistan’s Offshore Oil and Gas Exploration in the Caspian Sea
Since Turkmenistan is an energy-rich Central Asian country with significant hydrocarbon reserves, the oil and gas industry is a key contributor to the country’s economic growth. Nowadays, natural gas, crude oil and oil products make up about 80% of the country’s exports. Therefore, the sustainable capacity development of the oil […]
The EU and Kazakhstan Upgraded Their Level of Cooperation*
Kazakhstan became the fırst Central Asian country which upgraded its relations with the European Union (EU) to a new level of cooperation after signing the Enhanced Partnership and Cooperation Agreement (EPCA) on December 21, 2015. However, the agreement has not come into force yet since it requires the ratification by […]
Benefits of New Indicators to Immigration Researches
Executive Summary: Every year millions of people migrate to another country with different purposes and due to different circumstances. Majority of the researches in the immigration literature have been analyzing this process from social, economic and cultural perspectives in order to reveal the effects of migration to the host country. On […]
Security Issues of the Caspian Sea Region
In the context of global security challanges that spread across the Middle East and North Africa dramatically reshaping the geopolitical landscape of the region more than anything else demonstrated the importance of ensuring international and regional security. The newly unstable security environment has created an array of challenges for Eurasia […]
AZERBAIJAN’S BANKING SECTOR AFTER THE SWITCH TO FLOATING EXCHANGE RATE REGIME
In 2014, the Central Bank of Azerbaijan stated that the banking sector in Azerbaijan started to develop as a result of ongoing positive dynamics of macro indicators and regulations which were characterized by the role of banks in the economy. According to Financial Sector Assessment Paper (2012) prepared by the […]
Asya Avrupa No: 6
Merhabalar, Asya Avrupa dergimizin Haziran 2016 sayısı ile karşınızdayız. Bu sayımızda bir röportaj, üç analiz ve on yedi haber yorum yazımıza yer verdik. Analizlerimizden bir tanesindepetrol piyasasında İran ve Kazakistan’ın durumu kısaca ele alınmıştır. Bu çerçevede İran üzerindeki yaptırımların kalkması ve bu çerçevede küresel piyasada İran petrolünün payının artması her […]
The Implementation of Fiscal Policies in the Economy of Kyrgyzstan
As Kyrgyzstan is an oil importer country, low oil prices in the world market have contributed to high consumption and growth in the country. As a result of a significant increase in gold exports, economic growth was also driven by net trade. Despite the recession in Russian economy, which caused a decline in the demand for Kyrgyz goods […]
Economic Development in Uzbekistan: Results of 2015 and Future Priorities
Despite the negative effects of the global financial crisis on the economy of Uzbekistan, the developments in 2015 demonstrated that Uzbekistan achieved a considerably high economic growth rate and macro economic stability due to the consistent implementation of the economic program, the priorities of which include the provision of fundamental structural reforms, protection of private property and small business […]
Alternative Energy Sources of Uzbekistan*
There is a huge potential for the development of renewable energy sources (RES) in Uzbekistan. While the World Bank statistics mention 100 percent access of the population to the electricity,[1] according to some estimates for about 1500 rural settlements of 1,5 million people are not properly connected to the central power […]