THE CURRENT SITUATION OF THE DEPOSIT MARKET OF KAZAKHSTAN
Theoretically, deposits are the best source of funding for the banks in terms of availability and cost. Due to the significant developments in financial markets in 1990’s and 2000’s, the share of deposits in banks’ funding slightly decreased. However, after 2008 global financial crisis, this type of funding regained its […]
The Angren-Pap Railway as an Important Link of the China Central Asia-Europe International Transit Corridor
Due to its geographical location the Republic of Uzbekistan is far away from seaports and international transit routes leading to them. Therefore, since getting its independence in 1991, the country has begun construction of new railways in order to create integral railway system. Over the years of independence, Uzbekistan implemented […]
Recent Developments in the Railway Network of Kazakhstan
Kazakhstan, a country in the heart of Eurasia, has a potential to become a key country to connect transcontinental routes between Europe and Asia. Despite the financial crisis in China the total amount of its trade with the European Union (EU) increased by 11.5% from €466.8 billion in 2014 to €520.6 billion in 2015. It is expected that China’s […]
Overview of Prospects for the Central Asia–Afghanistan Energy Cooperation*
Afghanistan is one of those cases where security, energy and economic development are so closely inter-related. Without any single link of the chain ensuring political stability, economic prosperity and social security in the country would be highly problematic. At the moment, due to limited energy production capacity the country is […]
China’s the Belt and Road Risk Assessment Issue
In recent years China has begun to seeking for a greater role for itself in the international order. Beijing’s intention to strengthen its global position caused launching a number of multilateral initiatives, namely, the Belt and Road Initiative, which includes the Silk Road Economic Belt and 21st Century Maritime Silk […]
Public Perception of the “One Belt One Road” Initiative in Kazakhstan*
There is no doubt that in this century public opinion, empowered by the mass media, sometimes can constrain certain political and economic actions. It is the case both within and among the countries across the world. The New Silk Road Economic Belt and the 21st Century Maritime Silk Road — now […]
The Central Asian Countries’ Electric Power Sector and the Problem of Energy Inefficiency
Central Asian countries’ electric power sectors were initially designed during the Soviet Union to operate within a unified Central Asian Power System (CAPS). After gaining independence Central Asian governments started pursuing independent energy policies, which strained the coordinated operation of the system. Turkmenistan left the CAPS in 2003. Withdrawal of […]
Asya Avrupa No: 2
Merhabalar, Asya Avrupa dergimizin ilk sayısı beklenildiği gibi büyük takdir görmüştür. Bundan gerçekten büyük memnuniyet duyduk. Avrasya Bölgesiyle ilgili haberleri yorumlayarak veren ve periyodik analizler yapan bir dergi olarak bundan sonraki sayılarımızda da kaliteden ödün vermeden yayın faaliyetlerimize devam etmek arzusundayız. Bu sayımızda da yine çeşitli konularda 30’dan fazla haberi […]
New Prospects of Grain Exports of Kazakhstan
Nowadays grain is the third most important commodity that Kazakhstan exports after oil and gas products, and metals. Kazakhstan is one of the major players in the world grain market. Vast plains with an appropriate soil type and climate in the northern regions of Kazakhstan allow to harvest many millions […]
A Brief Look at the Fiscal Management of the Economy of Turkmenistan
Among the Central Asian countries, Turkmenistan has grown significantly due to the high amount of natural resources, mainly hydrocarbons. After the breakup of the Soviet Union, having great natural gas deposits, Turkmenistan improved its economy by implementing structural reforms. However, since 2014, like the other Central Asian countries, Turkmenistan has […]