economy

Kazakhstan: Were the Billions of Dollars Effectively Spent on Countering COVID-19?

Asel Sultan 12.08.20

The coronavirus pandemic cost all countries a lot. Kazakhstan spent almost $13 billion on countering COVID-19, but the mass infection was not prevented. There was a shortage of medicines and hospital beds. (more…)

Replacing Turkey: This Summer Kazakhstanis Will Go On Vacation Within the Country

Coronavirus pandemic has given a surprising opportunity for the development and strengthening of domestic tourism. But whether Kazakhstanis will go on vacation within the country after its end mainly depends on business restructuring. 

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How Much Will COVID-19 Cost for Kyrgyzstan?

Olga Ruslanova 11.06.20

The coronavirus pandemic has affected every single country in the world. Kyrgyzstan was no exception. Despite the fact that rates of infection and mortality in the republic are relatively low compared to other states, the country’s economy has been severely affected by internal restrictions and borders closure.
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How Will the Economy of Kazakhstan Recover From the Coronavirus?

CABAR.asia 25.05.20

Economists predict global economic collapse amid the coronavirus pandemic. Kazakhstan, an oil-producing country with a non-diversified economy will be adversely affected.

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Impact of the COVID-19 Pandemic on the Belt and Road Initiative in Central Asia

Anton Bugaenko 13.05.20

“Working with China would help Central Asia to weather the crisis and identify a new economic growth point, but it would take a more rigorous policy on the eastern neighbor”, Anton Bugaenko, a sinologist and chief expert of the Chinese and Asian studies program at the Institute of World Economics and Politics, notes in his article just for CABAR.asia (more…)

Problems of Ensuring the National Security of Kyrgyzstan amidst the Current Crisis

Arsen Usenov 20.04.20

«The current epidemiological situation in Kyrgyzstan associated with the outbreak of coronavirus exposed numerous problems in terms of ensuring national security, among which the most acute are the problems of ensuring uninterrupted food supplies, socio-economic stability and public health», – mentioned political analyst Arsen Usenov, in an article written specifically for CABAR.asia.

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“Seeking a Job”: How Coronavirus Affected Migrants from Central Asia

CABAR.asia 01.04.20

The quarantine and economic recession in Russia can become a time bomb for Central Asia, according to experts.

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Kazakhstan: The Reverse Side of Coronavirus

Today the world speaks about negative, already felt and expected, consequences of the coronavirus pandemic. Meanwhile, the situation has positive sides, yet incommensurable. (more…)

Addressing non-tariff barriers between Kyrgyzstan and Kazakhstan

“The permanent tension between Kyrgyzstan and Kazakhstan over border closure is deeply rooted and goes beyond non-compliance of the EEU rules by each side,” researcher and analyst Konstantin Larionov notes in his article for CABAR.asia. (more…)

Oil, Coronavirus and Recession: What Awaits the National Currency of Kyrgyzstan?

The national currency of Kyrgyzstan has become cheaper in just two weeks of March for over 20 per cent against the American dollar. This is one of the worst indicators among EAEU countries. (more…)