Wednesday, 18 February 2015 08:26

CACI Analyst, February 18, 2015

CACI Analyst, February 18, 2015 (.pdf)

 

Contents

Analytical Articles

GYUMRI MURDERS THREATEN TO DISRUPT ARMENIA’S RELATIONS WITH RUSSIA, by Eduard Abrahamyan

SANCTIONS, ENERGY PRICES, AND RUBLE DEPRECIATION CHALLENGE CIS GOVERNMENTS, by Stephen Blank

DAGESTAN’S JIHADISTS AND HARAM TARGETING, by Emil Souleimanov

AZERBAIJAN INVESTS IN UPGRADING ITS TRANSPORT INFRASTRUCTURE, by John C.K. Daly

Field Reports

ARMENIAN PRESIDENT REJECTS TURKISH INVITATION TO ATTEND GALLIPOLI ANNIVERSARY, by Erik Davtyan

POLICE ARRESTED FOR OLD MURDER CASE IN GEORGIA, by Eka Janashia

KYRGYZSTAN DEBATES ELECTORAL SYSTEM REFORM, by Arslan Sabyrbekov

TAJIK PRESIDENT REVIEWS CHALLENGES IN ANNUAL ADDRESS TO PARLIAMENT, by Oleg Salimov

Published in CACI Analyst Archive

By Stephen Blank (02/18/2015 issue of the CACI Analyst)

In early 2015, oil prices are in free fall and the ruble’s value is plunging along with it.  Though Russia is the immediate target or victim of these trends the repercussions of its economic crisis are already manifesting themselves throughout the CIS and affecting the economies of Central Asian and South Caucasian states. Economic crisis due to falling energy prices immediately throws failures of economic and political governance, like excessive borrowing and vanity projects, into sharp relief. But when this occurs in tandem with the depreciation of the Russian ruble and the inability of Russian firms to access foreign capital, the challenges to these states, all of whom are to varying degrees connected to the Russian economy, grow by an order of magnitude.

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Published in Analytical Articles

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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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