Thursday, 21 February 2008

KAZAKHSTAN’S BANKING PROBLEMS

Published in Analytical Articles

By Richard Pomfret (2/21/2008 issue of the CACI Analyst)

Kazakhstan’s banks have been considered one of the country’s major successes, but are currently facing serious difficulties. Foreign loans have to be repaid, but bank assets are tied up in loans with longer maturities.  The government has begun to help the banks, but at the cost of fuelling inflation.

Published in Analytical Articles

By Richard Weitz (2/21/2008 issue of the CACI Analyst)

The military conflict in Afghanistan dominated the informal NATO Defense Ministers meeting in Vilnius on February 7-8. Although the ministers sought to downplay their differences and highlight their achievements, it quickly became apparent that their governments disagree sharply over how best to promote peace and prosperity in the country. The chaos in neighboring Pakistan has reinforced the urgency of shoring up NATO’s commitment to Afghanistan at a time when the Kabul government is losing support among Afghan citizens frustrated by decades or war and poverty.

Published in Analytical Articles

By Erica Marat (2/21/2008 issue of the CACI Analyst)

The new government appointed by Kyrgyz President Kurmanbek Bakiyev following controversial parliamentary elections in December 2007 is comprised of a small group of political leaders whose business interests largely interconnect. About 10-12 high-ranking officials in the president’s administration and ministerial cabinet determine the country’s entire economic policy and political climate. Meanwhile, unlike before, non-state organized criminal groups and their leaders are no longer able to significantly influence the political domain, thus marking a sizable shift in state-crime relations in the country.

Published in Analytical Articles

By Dmitry Shlapentokh (2/21/2008 issue of the CACI Analyst)

Dmitry Rogozhin, one of the most well-known Russian nationalists, was recently appointed Russia’s representative to NATO, a move understood in the West as an unfriendly act toward both NATO and the West in general. Rogozhin’s statement to Russia’s movement against illegal immigration before his departure, and his clear affiliation with the movement, indicate the attitude toward the West of at least a good segment of the Russian elite. It shows that the elite is clearly disappointed with the West’s approach to Russia.

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Analysis Svante E. Cornell, "Promise and Peril in the Caucasus," AFPC Insights, March 30, 2023.

Oped S. Frederick Starr, Putin's War In Ukraine and the Crimean War), 19fourtyfive, January 2, 2023

Oped S. Frederick Starr, Russia Needs Its Own Charles de Gaulle,  Foreign Policy, July 21, 2022.

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Oped Svante E. Cornell & Albert Barro, With referendum, Kazakh President pushes for reforms, Euractiv, June 3, 2022.

Oped Svante E. Cornell Russia's Southern Neighbors Take a Stand, The Hill, May 6, 2022.

Silk Road Paper Johan Engvall, Between Bandits and Bureaucrats: 30 Years of Parliamentary Development in Kyrgyzstan, January 2022.  

Oped Svante E. Cornell, No, The War in Ukraine is not about NATO, The Hill, March 9, 2022.

Analysis Svante E. Cornell, Kazakhstan’s Crisis Calls for a Central Asia Policy Reboot, The National Interest, January 34, 2022.

StronguniquecoverBook S. Frederick Starr and Svante E. Cornell, Strong and Unique: Three Decades of U.S.-Kazakhstan Partnership, Central Asia-Caucasus Institute, December 2021.  

Silk Road Paper Svante E. Cornell, S. Frederick Starr & Albert Barro, Political and Economic Reforms in Kazakhstan Under President Tokayev, November 2021.

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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