By Jahangir Kakharov (11/19/2003 issue of the CACI Analyst)
BACKGROUND: The Uzbek Government in December 2001 agreed to an IMF staff-monitored program (SMP) with a number of key economic reform policies to be carried out, including reforms of the agricultural sector, enhancing market competition, and narrowing the gap between the over-the-counter (OTC) exchange rate and the parallel market rate. Some analysts argue that the implementation of the SMP was not quite successful. The main goal of SMP – achieving foreign exchange convertibility by eliminating the gap between OTC rate and black market rate was de facto attained by mid-2003.By Erica Marat (11/5/2003 issue of the CACI Analyst)
BACKGROUND: The political opposition was eliminated in Uzbekistan shortly after Islam Karimov was elected president in 1992. The political power is centralized and free media is virtually non existent. Erk was the first political party that formed in Uzbekistan in the late days of the Soviet regime, in the late 1980s.By Mark N. Katz (11/5/2003 issue of the CACI Analyst)
BACKGROUND: Saudi Arabia and OPEC have long sought to regulate world oil prices through adhering to production quotas. OPEC has frequently called upon the major non-OPEC producers (which include Russia, Mexico, and Norway) to “do their part” to support oil prices by cutting back on production when OPEC does so. Instead of complying with this request, however, the major non-OPEC producers have maintained or even expanded their production.By Roger N. McDermott (11/5/2003 issue of the CACI Analyst)
BACKGROUND: The National Guard constitutes part of the Kyrgyz armed forces and is placed under the control of the President of the Republic and it is part of the Collective Rapid Deployment Forces (CRDF). It played a key role in the counter-insurgency campaign in the Batken region of Kyrgyzstan in 1999. It is tasked with the protection of foreign dignitaries visiting Kyrgyzstan, responsible for the security of critical infrastructure, clearing up in the aftermath of a natural disaster and crucially it fulfils a vital part of the country’s antiterrorist capabilities.The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.
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