Azerbaijan and Kazakhstan Face Tough Economic Decisions amid Decreasing Oil Price
By Nurzhan Zhambekov (04/01/2015 issue of the CACI Analyst)
Azerbaijan and Kazakhstan face a tough year as oil prices plummet. A dramatic shift has occurred in the international oil market in recent months as oil supply has gone up, particularly with the U.S. oil production increase, and demand has weakened with the economic slowdown in China and the EU. Saudi Arabia, the world’s second largest oil producer, did not reduce its oil production despite the oil price decline, indicating that it would like to maintain its international oil market share. The precipitous decline in oil prices has resulted in a sharp fall in export revenues for Azerbaijan and Kazakhstan, the third and second largest oil producers respectively in the former-Soviet Union after Russia. This dramatic price drop has put the two countries’ currencies under severe pressure.
Conflict-related Violence Decreases in the North Caucasus as Fighters go to Syria
By Huseyn Aliyev (04/01/2015 issue of the CACI Analyst)
The end of 2014 and early 2015 have witnessed a notable reduction in conflict-related violence across the North Caucasus. With the continuous departure of Islamist volunteers from that Russian region to the Middle East, in 2014 the number of casualties, among both militants and security forces, have decreased by more than half, compared to the previous year. While observers associate the current de-escalation of violence with the outflow of large numbers of North Caucasian youth to join Islamic State (IS) and with internal conflicts within the North Caucasus Islamist underground (Caucasus Emirate), reasons behind the recent decline of insurgency-related activities are likely to be more complex.
Turkmenistan Poised for TAPI Breakthrough
By Micha’el Tanchum (03/18/2015 issue of the CACI Analyst)
With the drastic reduction and imminent cessation of Russian imports of natural gas from Turkmenistan, China has become Turkmenistan’s sole export market. While welcoming economic cooperation with China, Ashgabat has been working assiduously to avoid undue economic dependence on Beijing. The Turkmen government’s new determination to diversify the markets for its natural gas seems to have provided Ashgabat with the motivation to make key concessions for the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline. By creating the first significant overland link with India, the TAPI pipeline project will not only diversify Turkmenistan’s gas exports but will permanently alter the pattern of Central Asian connectivity.
Nemtsov’s Assassination and the Chechen Trace
By Emil Souleimanov (03/18/2015 issue of the CACI Analyst)
After the murder on February 27 of Russian opposition leader Boris Nemtsov, a group of Chechens allegedly led by a former kadyrovets, have become the main suspects of the ongoing investigation. Whatever the outcome of the trial, the “Chechen factor” in general and Ramzan Kadyrov’s increasing role in Russia's internal and external affairs in particular, seem to establish a pattern that could leave an imprint on Russian politics for years to come.
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Staff Publications
Silk Road Paper S. Frederick Starr, Greater Central Asia as A Component of U.S. Global Strategy, October 2024.
Analysis Laura Linderman, "Rising Stakes in Tbilisi as Elections Approach," Civil Georgia, September 7, 2024.
Analysis Mamuka Tsereteli, "U.S. Black Sea Strategy: The Georgian Connection", CEPA, February 9, 2024.
Silk Road Paper Svante E. Cornell, ed., Türkiye's Return to Central Asia and the Caucasus, July 2024.
Book Svante E. Cornell, ed., "The Changing Geopolitics of Central Asia and the Caucasus" AFPC Press/Armin LEar, 2023.
Silk Road Paper Svante E. Cornell and S. Frederick Starr, Stepping up to the “Agency Challenge”: Central Asian Diplomacy in a Time of Troubles, July 2023.
Silk Road Paper S. Frederick Starr, U.S. Policy in Central Asia through Central Asian Eyes, May 2023.