Tag "Kazakhstan"
Political risk alive and well in the global oil industry
Despite innovation in the US oil patch, the big stories in oil still lie outside the US—where hydraulic fracturing and innovation in drilling technology are unlikely to play a major
Kazakhstan to increase privatization of state-owned companies
Privatization could stimulate foreign investment and aid in the growth of the Kazakh economy, but not without major challenges. Kazakhstan has announced a wave of privatization to bolster foreign investment
Chinese energy investments drive Moscow’s interests in Central Asia
With Russia’s economy in crisis and Central Asia coming in focus of Chinese energy strategy, the region is experiencing a long-term geopolitical shift. Central Asian (CA) states, Kazakhstan, Turkmenistan, Uzbekistan,
Book Review: Great Games, Local Rules
In his recently published book Great Games, Local Rules: The New Great Power Contest in Central Asia, Alexander Cooley offers a penetrating analysis of the geopolitical maneuvering and strategies pursued
Kazakhstan seeks larger China-Europe transit trade share
Kazakhstan is in the middle of an ambitious railway modernization project that the Kazakh state hopes will upgrade its status as a transport hub in the middle of the Eurasian
Armenia to Join Eurasian Customs Union
Last week, Armenia publicly announced it would join the Russian-led customs union in a move that stunned EU officials, who already had completed negotiations on comprehensive free trade and political
Kazakhstan Pegs Tenge to Foreign Currency Basket
Starting September 2nd, Kazakhstan will peg the tenge to a basket of foreign currencies, effectively ending the managed float that was put in place in March 2011. The basket will
Ukraine Moves Closer to Europe
In spite of Russian president Vladimir Putin’s warnings to Ukraine that he will take “protective measures” if the country signs a trade pact with the EU, Ukraine seems to be
Tajikistan vulnerable due to remittance dependence
Tajikistan is possibly the most remittance-reliant country in the world, thanks in large part to the more than one million Tajiks who have migrated from the poorest nation in the
Central Asian pipelines inhibit prosperity
Pipelines density in Central Asia create concentrated economies thus allowing autocratic government greater control and longevity. Following the collapse of the Soviet Union, Central Asia experienced limited progress and relative