Latest Articles about Economics

Tensions Deescalate Between Iran and Republic of Azerbaijan

Relations between Iran and the Republic of Azerbaijan underwent acute conflict and tension in September–October 2021. However, since mid-October, the two countries have endeavored to manage the frictions and reduce the disagreements in their relationship. Recently, on January 26, 2022, Azerbaijani Defense Minister Zakir Hasanov... MORE

Kazakhstan’s President Tokayev Struggles to Break With Nazarbayev Era

Since consolidating power on January 5, when he assumed the chairmanship of the Security Council instead of Nursultan Nazarbayev, Kazakhstani President Kassym-Zhomart Tokayev has generated unprecedented popular expectations for change. Tokayev is closely associated with the Nazarbayev regime (Nazarbayev was president of Kazakhstan from 1990... MORE

Social Unrest in Kazakhstan Turns Violent, Ends Nazarbayev Era

The inaugural week of the new year ushered in a period of unprecedented instability for Kazakhstan, Central Asia’s largest economy. The country has long been considered an island of stability in a chronically unstable region where, for instance, neighboring Kyrgyzstan went through three revolutions since... MORE

Kazakhstan, Fertilizer and Belarus’s Political Crisis

Since the start of 2022, two unexpected “black swan” events have indirectly altered last year’s calculus regarding the expected evolution of the Belarusian political crisis. First, Belarus joined the Russia-led Collective Security Treaty Organization’s (CSTO) intervention in Kazakhstan on January 5, 2022. Second, Belarusian potassium... MORE

Azerbaijani Perspectives on the Recent Unrest in Kazakhstan

In early January, the sudden outbreak of massive anti-government protests in Kazakhstan and subsequent intervention by the Russia-led Collective Security Treaty Organization (CSTO) reverberated across the entire post-Soviet space, including Azerbaijan. These events on the other side of the Caspian Sea are of great importance... MORE