By Alima Bissenova (6/3/2009 issue of the CACI Analyst)
In the years following financial liberalization, Kazakhstan has seen a spectacular construction boom and an inflation of real estate assets, driven by internal and external investment. The country has boasted the highest per capita foreign investment and the most developed banking system in the CIS. From 1999 to 2007, the economy displayed steady GDP growth of about 10 percent per year.
By Stephen Blank (5/20/2009 issue of the CACI Analyst)
China has exploited the current global economic crisis to intensify and accelerate its previous strategy for obtaining energy security and political influence abroad. Exploiting other countries’ and firms’ distress, using its enormous cash reserves, and benefitting from the fact that its economy appears to be less adversely affected than others have been, China, through its oil companies CNOOC, CNPC, Petro China, SINOPEC, or through governmental agencies, is either lending afflicted firms and countries money to obtain long-term contracts, access to energy, and other comodities at below market prices if possible, and at the current low market prices where necessary.
BACKGROUND: China’s tactics are not new.
By Dmitry Shlapentokh (5/20/2009 issue of the CACI Analyst)
Russian officials have recently sent contradictory messages in regard to American policies in Afghanistan. On the one hand, Moscow signaled that it is quite concerned with the possibility of a U.S.
By Sebastien Peyrouse (5/20/2009 issue of the CACI Analyst)
The vast majority of the population of Central Asia adheres to the Hanafi school of Sunni Islam. But in addition to the Tajik Ismailis—who live in an autonomous region in the Pamirs and are followers of Aga Khan—the region also has a Twelver Shiite minority of Azeris and Ironis. They are only able to practice their faith under relatively difficult, sometimes illegal, conditions.
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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