Tuesday, 16 June 2020 00:00

Azerbaijan's Economy Takes a Double Blow

By Natalia Konarzewska 

June 16, 2020, the CACI Analyst

The collapse of oil prices and oil demand along with the economic shutdown imposed to fight the coronavirus pandemic are putting a strain on Azerbaijan’s economy. The upheaval on the global oil market has exposed fragilities in Azerbaijan’s banking system as four of its banks were recently put under temporary administration of the central bank and others had their capital requirements relaxed. The government has introduced economic and social packages to mitigate the consequences of the crisis; however, growth forecasts in 2020 remain pessimistic.

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Published in Analytical Articles

By Bakhrom Radjabov 

June 4, 2020, the CACI Analyst

Since January, COVID-19 (coronavirus) has reached the level of a global pandemic. At first, some Central Asian republics seemed to be virus-free islands with zero confirmed infection cases. Afghanistan confirmed its first COVID-19 case on February 24, followed by a closure of the borders with other Central Asian republics. Kazakhstan discovered its first cases of COVID-19 on March 13, and Uzbekistan on March 15. Kyrgyzstan confirmed its first case on March 18 whereas Tajikistan did not report any cases until April 30. Before this date, the country allowed mass gatherings, including the celebration of Navruz, which was cancelled by other Central Asian governments. Turkmen authorities have so far not officially reported any cases of COVID-19 in the country.  

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Published in Analytical Articles

By Sudha Ramachandran

May 26, 2020, the CACI Analyst

The Covid-19 crisis is widely expected to have devastating impact on war-ravaged and resource-scarce Afghanistan, and could even extract a human toll that exceeds that on account of decades of fighting in the country. However, the pandemic has the potential to bring positive change. It provides space to the main conflict actors to co-operate in providing treatment to people in parts of the country that are under Taliban control and thus beyond the reach of government health workers.  It will require the conflict actors to silence their guns and at least temporarily put aside their decades-old hostility.

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Published in Analytical Articles

By Azad Garibov

May 12, 2020, the CACI Analyst

The collapse of oil prices and outbreak of a pandemic seems to catch Central Asia in an economic perfect storm. Some regional energy exporters will suffer directly from low oil prices and the pandemic; others will face adverse economic consequences more indirectly, in the form of reduced gas demand in China or decreased remittances sent by migrant workers.

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Published in Analytical Articles

By Umair Jamal

April 13, 2020, the CACI Analyst

Pakistan’s Corona virus cases have doubled over the past few days after hundreds of pilgrims returning from Iran tested positive. In response to the Pakistani government’s attempt to impose a lockdown on thousands of Shias at the Iran-Pakistan border, the community has vowed to start a mass movement against the state. Pakistan’s Iran border has become its single biggest security threat with regional and global implications. Given that Pakistan is a nuclear-armed state with a weakening economy, a weak health care system, a controversial regional security policy and a blooming militant landscape, the region and the world at large should follow developments in the country closely.

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Published in Analytical Articles

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Staff Publications

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

2206-StarrSilk Road Paper S. Frederick Starr, Rethinking Greater Central Asia: American and Western Stakes in the Region and How to Advance Them, June 2022 

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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