Armenia's economic woes
By Natalia Konarzewska
September 15th, 2015, The CACI Analyst
Armenia’s economy is currently experiencing a significant decline, which is primarily caused by spillover from Russia’s recession. At the end of 2014, Armenia’s national currency, the dram, saw rapid depreciation, which boosted inflation. Falling remittances from Russia are putting additional pressure on the dram, negatively affecting the livelihood of many ordinary citizens. Additionally, export volumes to Russia, which is Armenia’s top export destination, have decreased significantly. Armenia currently has few options to boost its faltering economy due to a falling number of foreign direct investments, high national debt and a shortfall of budget revenue. Economic forecasts for Armenia remain grim and since June the country has seen a wave of protests over the price hike on electricity.
CACI Analyst, July 8, 2015
Contents
Analytical Articles
THE UZBEK-TAJIK DÉTENTE: CAN IT LAST?, by George Voloshin
AGRI’S PROGRESS ADVANCES BRUSSELS’ AND BAKU’S ENERGY AGENDAS, by Micha’el Tanchum
ISLAMIC STATE IN CENTRAL ASIA: THREAT OR OPPORTUNITY, by Charlie Smith
IS THE NORTH CAUCASUS BECOMING ANOTHER BATTLEFIELD IN THE GLOBAL JIHAD?, by Tomáš Baranec
Field Reports
TAJIKISTAN’S GOVERNMENT MISSES THE REAL PROBLEM OF LABOR MIGRANTS, by Oleg Salimov
RULING COALITION TO CUT FUNCTION OF GEORGIA’S NATIONAL BANK, by Eka Janashia
KYRGYZSTAN’S CONSTITUTIONAL CHAMBER DISMISSES JUDGE, by Arslan Sabyrbekov
BAKU CRACKS DOWN ON ALTERNATIVE MEDIA AFTER CONCLUDING EUROPEAN GAMES, by Mina Muradova
CACI Analyst, June 24, 2015
Contents
Analytical Articles
EXISTING PARADIGMS FOR RESISTANCE IN THE NORTH CAUCASUS CHALLENGED BY KADYROV, ISIS, by Kevin Daniel Leahy
FOOTBALL NATIONALISM AMONG IRAN’S AZERIS, by Emil Souleimanov
KAZAKHSTAN COMPLETES WTO ACCESSION NEGOTIATIONS, by Nurzhan Zhambekov
AZERBAIJAN AND THE EU, by Natalia Konarzewska
Field Reports
RUSSIA ENHANCES ITS SOFT POWER IN GEORGIA THROUGH LOCAL NGOs, by Eka Janashia
BISHKEK AND TASHKENT FACE UNEASY RELATIONS, by Arslan Sabyrbekov
TAJIKISTAN’S ISLAMIC RESISTANCE PARTY STRUGGLES TO SURVIVE, by Oleg Salimov
ARMENIA AND IRAN HOLD POLITICAL CONSULTATIONS, by Erik Davtyan
CACI Analyst, June 10, 2015
Contents
Analytical Articles
HANGING IN THE TRADE BALANCE: IS FREE TRADE A CURSE FOR KAZAKHSTAN?, by Sergei Gretsky
SHIFTING RUSSIAN POLICIES TOWARDS ALLIED SEPARATIST REGIONS, by Michael Hikari Cecire
AFGHANISTAN-PAKISTAN INTELLIGENCE COOPERATION AND THE PROSPECT OF PEACE, by Sudha Ramachandran
TURKEY-ARMENIA RELATIONS AFTER TURKEY'S ELECTIONS, by Armen Grigoryan
Field Reports
GEORGIA'S POLITICAL LANDSCAPE TRANSFORMS AS SENIOR UNM MEMBERS DEFECT, by Eka Janashia
KYRGYZ PARLIAMENT PASSES "FOREIGN AGENTS" LAW IN FIRST READING, by Arslan Sabyrbekov
AZERBAIJANI DIPLOMAT UNDER ATTACK AFTER COMMENTING BAKU FIRE, by Mina Muradova
THE RIGA SUMMIT AND NEW PROSPECTS FOR EU-ARMENIA RELATIONS, by Erik Davtyan
CACI Analyst, May 27, 2015
Contents
Analytical Articles
THE SOUTHERN ENERGY CORRIDOR: A STRATEGIC PRIORITY FOR THE U.S.?, by Mamuka Tsereteli
ELECTION YEAR IN THE EURASIAN UNION AND THE EU'S EXTERNAL ACTION POLICIES, by Gaël Chataignère
MOSCOW STEPS UP PRESSURE ON CHECHNYA'S POWERFUL RULER, by Valeriy Dzutsev
THE CHALLENGES TO GEORGIA'S ENERGY SECTOR, by Ariela Shapiro
Field Reports
INGUSHETIA'S LEADER CLAIMS THE END OF INSURGENCY IN HIS REPUBLIC, by Huseyn Aliyev
GEORGIA FAILS TO OBTAIN VISA-FREE REGIME AT EaP RIGA SUMMIT, by Eka Janashia
ARMENIA'S AND GEORGIA'S PRIME MINISTERS IRON OUT RECENT STRAINS IN BILATERAL RELATIONS, byErik Davtyan
PARTY RESTRUCTURING IN KYRGYZSTAN PRIOR TO 2015 ELECTIONS, by Arslan Sabyrbekov
Visit also
Staff Publications
Silk Road Paper S. Frederick Starr, U.S. Policy in Central Asia through Central Asian Eyes, May 2023.
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.
Silk 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.
Book 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.