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Observations on the Kazakh Economy After February 2014 Devaluation -1
Both developed and developing countries have accepted free market economy and according to free market rules, they have implemented open economic policies during globalisation process. As one of the developing countries, Kazakhstan also adjusted to this process. Kazakhstan is the most successful country that has adjusted her economy to free […]
Tags: Economy, Kazakhstan
December 22, 2014
Economy Comes First
The official visit of Russian President Vladimir Putin to Turkey, which was held on December 1, 2014, has once again demonstrated Russia’s intention to strengthen alliances with countries that do not share EU sanctions policy. It becomes even more important because European leaders are actually thinking about the extension of […]
Tags: Economy, International Relations
December 5, 2014
Iranian Nuclear Issue: Absence of Triumph Does Not Mean Failure
Once again, we became a witness as Iran and six powers finished scheduled nuclear talks on November 24. According to the interim agreement negotiations in Vienna should have resolved all disagreements over Iran’s nuclear program (INP) putting the final point to the 12-year standoff. However, as it has happened many […]
Tags: International Relations, Iran, Security, USA
December 3, 2014
Long Run Evaluation of Crude Oil Prices: Structural Breaks, Long Memory or Nonlinearity?
Crude oil is such important energy type that forecasting its prices both in particular and in other types of energy prices in general over time has been widely discussed in the literature. Under the Hotelling modelling tradition, much of the controversy is linked to this choice of a stochastic process […]
Tags: Energy, International Relations, Kazakhstan
February 12, 2014
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