ISSN 2939-5550
Publisher:
Eurasia Center
1117 Budapest, Infopark sétány 1i
+36203291797
eurasiacenter@nje.hu
https://eurasiacenter.hu/
The responsible person:
Dr. Levente Horváth, director
Editor:
Dr. Levente Horváth
Contact:
eurasiacenter@nje.hu
- Eurasia Center Brief Analysis-Türkiye and Central Asia: Strategic alliances shaping the future
by Semanur Öncü Abstract The aim of this study is to analyse the cooperation and relations between Türkiye and the Central Asian republics in recent years and to focus on the developments during this period and the future of relations. The cooperation process will be examined through basic factors such as organisations focusing on theContinue reading “Eurasia Center Brief Analysis-Türkiye and Central Asia: Strategic alliances shaping the future” - Eurasia Center Brief Analysis-Problematic region in Central Asia: The Fergana Valley
by Semanur Öncü Abstract The Fergana Valley, located in the centre of Central Asia and shared by Tajikistan, Uzbekistan and Kyrgyzstan, is of great importance to all countries in the region. Although there are water resources in this valley, the water of the Syr-Darya and Amu Darya rivers, which are important rivers of the AralContinue reading “Eurasia Center Brief Analysis-Problematic region in Central Asia: The Fergana Valley” - Eurasia Center Brief Analysis EC/2022/25. – An agreement was reached on resuming grain deliveries to Ukraine
Abstract In its latest analysis, the Eurasia Center investigates the food security crisis in the Middle East and North Africa, as well as the recent agreement between the United Nations and Turkey, as well as its potential impact. Following the outbreak of war between Russia and Ukraine, Western sanctions against Russia have led to aContinue reading “Eurasia Center Brief Analysis EC/2022/25. – An agreement was reached on resuming grain deliveries to Ukraine” - Eurasia Center Brief Analysis EC/2022/24. – Sri Lanka on the brink of bankruptcy: the anatomy of a crisis
Abstract In the spring of 2022, Sri Lanka’s external debt reached a level that brought the state close to bankruptcy, resulting in a protracted and extremely severe political and economic crisis. The solution to this crisis will involve a loan from the International Monetary Fund in August 2022, which will require serious austerity measures andContinue reading “Eurasia Center Brief Analysis EC/2022/24. – Sri Lanka on the brink of bankruptcy: the anatomy of a crisis” - Eurasia Center Brief Analysis EC/2022/23. – The Situation in Kazakhstan After the Constitutional Reform
Abstract The referendum on constitutional reform implemented in Kazakhstan was called several months after the unrest earlier in the year. The demonstrations in early January – which began as a peaceful protest against fuel price increases – quickly reached Almaty, Kazakhstan’s largest city, and quickly turned into mass demonstrations against the economic and political situationContinue reading “Eurasia Center Brief Analysis EC/2022/23. – The Situation in Kazakhstan After the Constitutional Reform” - Eurasia Center Brief Analysis EC/2022/22. – Defense cooperation in the Middle East
Abstract There are increasing reports about the formation of a new military alliance in the Middle East. This would be a significant development, if only because Israel would then also be represented in the group already referred to by the international press as “Arab NATO” (which does not yet exist). This initiative is a realContinue reading “Eurasia Center Brief Analysis EC/2022/22. – Defense cooperation in the Middle East” - Eurasia Center Brief Analysis EC/2022/21. – The Legacy of Shinzo Abe
Abstract On July 8, former Japanese Prime Minister Shinzo Abe was assassinated during a campaign speech in Nara. Abe was one of the most charismatic and controversial figures in Japanese politics. Although he stepped down as prime minister in 2020 for health reasons, he remained a dominant figure in Japanese politics. Japanese political life hasContinue reading “Eurasia Center Brief Analysis EC/2022/21. – The Legacy of Shinzo Abe” - Eurasia Center Brief Analysis EC/2022/20. – Gradual improvement in Thailand’s economy
Abstract Thailand’s economy was one of the hardest hit during the Covid-19 pandemic. The economy shrank by 6.2% in 2020, while the average GDP growth rate of emerging and developing countries was -0.8% in the same year. Within the group of emerging and developing economies – which includes 30 countries – only Fiji, the Maldives,Continue reading “Eurasia Center Brief Analysis EC/2022/20. – Gradual improvement in Thailand’s economy” - Eurasia Center Brief Analysis EC/2022/19. – Priorities for the New Uzbekistan Development Strategy 2022–2026
Abstract 28 January 2022 saw the adoption of the New Uzbekistan Development Strategy, setting a path for the development of the Uzbek economy for the next five years. The strategic document on economic development includes seven priority areas. The new development strategy aims to build on previously initiated reforms to catch up with middle-income countriesContinue reading “Eurasia Center Brief Analysis EC/2022/19. – Priorities for the New Uzbekistan Development Strategy 2022–2026” - Eurasia Center Brief Analysis EC/2022/18. – China’s stance on the Arctic, in relation to the Russian-Ukrainian war
Abstract The war in Ukraine has also drawn attention to the geopolitical importance of the Arctic. In the past, international politics had largely ignored this northern region, and interstate conflicts were extremely rare. However, the Russian-Ukrainian war has had an impact on this region, and serious changes can be expected. China has made significant investmentsContinue reading “Eurasia Center Brief Analysis EC/2022/18. – China’s stance on the Arctic, in relation to the Russian-Ukrainian war” - Eurasia Center Brief Analysis EC/2022/17. – Vietnam’s Economy in 2022: Strong Recovery After COVID-19, with Risks on the Horizon
Abstract As the third most populous country in the Southeast Asian region, the Vietnamese economy deserves attention for its international supply chains. Although the country successfully survived 2020 despite the emergence of COVID‑19, the epidemic led to a similar crisis in 2021 like in neighbouring countries, but a recovery occurred in the second half ofContinue reading “Eurasia Center Brief Analysis EC/2022/17. – Vietnam’s Economy in 2022: Strong Recovery After COVID-19, with Risks on the Horizon “ - Eurasia Center Brief Analysis EC/2022/16. – Saudi Arabia: Yuan instead of dollars?
Abstract China is the world’s largest importer of oil, which could decrease the global dominance of the dollar. It is no secret that Beijing intends to push back against the dominance of the U.S. dollar in a small way by promoting yuan-denominated oil deals. This is not the first time China has tried to buyContinue reading “Eurasia Center Brief Analysis EC/2022/16. – Saudi Arabia: Yuan instead of dollars?” - Eurasia Center Brief Analysis EC/2022/15. – Healthy recovery: the economy of India between 2021 and 2023
Abstract The Indian economy recovered quickly after the second wave of the Covid-19 pandemic in 2021. Later, the IMF estimated GDP growth for the year 2021 at 8.5%, while rating agency Moody’s expected 7.9%. Since then, the numbers have shown a more positive trend, and Moody’s changed its forecast to 9.2 percent for the 2021–2022Continue reading “Eurasia Center Brief Analysis EC/2022/15. – Healthy recovery: the economy of India between 2021 and 2023” - Eurasia Center Brief Analysis EC/2022/14. – Energy security and related issues in Central Asia
Abstract After the collapse of the Soviet Union in 1991, Central Asian countries faced a number of political and economic problems. One of the most important such problems was establishing the independence of the energy sector within the independent states (Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan and Tajikistan), as well as the future of energy policy inContinue reading “Eurasia Center Brief Analysis EC/2022/14. – Energy security and related issues in Central Asia” - Eurasia Center Brief Analysis EC/2022/13. – Food crisis in the MENA region
Abstract This analysis focuses on the growing food security crisis in the Middle East and North Africa. The coronavirus epidemic has highlighted vulnerabilities in global supply chains, public health systems, and food and energy security. The Russian invasion of Ukraine is exacerbating these problems, increasing food insecurity and poverty around the world. In addition, WesternContinue reading “Eurasia Center Brief Analysis EC/2022/13. – Food crisis in the MENA region” - Eurasia Center Brief Analysis EC/2022/12. – Are rare earths the new oil?
Abstract Rare earth metals are the essential, irreplaceable materials powering most modern technology. Since 1985, China has systematically gained near complete control over the global supply chain. With the development of China’s economy over the decades, its leaders have sought to transform the country into a key player in strategically important industries. To this end,Continue reading “Eurasia Center Brief Analysis EC/2022/12. – Are rare earths the new oil?” - Eurasia Center Brief Analysis EC/2022/11. – The Indonesian Economy After Covid-19: Continued Recovery in the Shadow of Geopolitical Tensions
Abstract Indonesia is the dominant country in Southeast Asia, and its economic development will affect the future of the entire region. Covid-19 also had a severe economic impact on Indonesia, but signs of a stable recovery were evident during 2021, and this was not significantly impacted by the Russia-Ukraine war in the spring of 2022.Continue reading “Eurasia Center Brief Analysis EC/2022/11. – The Indonesian Economy After Covid-19: Continued Recovery in the Shadow of Geopolitical Tensions” - Eurasia Center Brief Analysis EC/2022/10. – Balancing the effects of the Ukrainian war: the development of the Chinese economy in 2022
Abstract The Chinese economy grew by 8.1% in 2021. Growth in the fourth quarter was 4.0%, exceeding earlier estimates by analysts who had predicted an average GDP of 3.6% for the final quarter of the year. The year 2022 appeared to be a challenging but favorable year for China’s economic development prior to the warContinue reading “Eurasia Center Brief Analysis EC/2022/10. – Balancing the effects of the Ukrainian war: the development of the Chinese economy in 2022” - Eurasia Center Brief Analysis EC/2022/9. – The Effects of Oil Price Volatility on the Economies of the Middle East and the Great Powers
Abstract Oil has remained a key energy source in the 21st century, and price volatility is having a significant impact on the economies of countries around the world. At the time of the pandemic, demand for oil plummeted due to the slowdown in economic activity. However, oil prices have risen sharply since then, well aboveContinue reading “Eurasia Center Brief Analysis EC/2022/9. – The Effects of Oil Price Volatility on the Economies of the Middle East and the Great Powers” - Eurasia Center Brief Analysis EC/2022/8. – About the importance of energy resources in the Caspian Sea in the light of the Russian-Ukrainian war
Abstract The Caspian Sea region is one of the world’s oldest oil producing areas, which is expanding and becoming an increasingly important global energy source. The region has significant oil and gas reserves, both in the coastal areas of the Caspian Sea and in onshore deposits in its basin. Whether Caspian countries are able toContinue reading “Eurasia Center Brief Analysis EC/2022/8. – About the importance of energy resources in the Caspian Sea in the light of the Russian-Ukrainian war” - Eurasia Center Brief Analysis EC/2022/7. – The economy of Japan
Abstract Japan is one of the largest and most developed economies in the world, with a well-educated and hard-working workforce, and its population makes it one of the largest consumer markets in the world in terms of size and standard of living. Its post-World War II economic growth was unprecedented. Japan was the second largestContinue reading “Eurasia Center Brief Analysis EC/2022/7. – The economy of Japan” - Eurasia Center Brief Analysis EC/2022/6. – The Indian Economy in the Spring of 2022 in the Light of the Russia-Ukraine War
Abstract While the world economy is recovering from the coronavirus outbreak, it has recently been shaken by the consequences of the Russian-Ukrainian war, which is also affecting the economic development of India, a global player. The rise in commodity prices and the disruption of trade chains have triggered a new wave of crises, which isContinue reading “Eurasia Center Brief Analysis EC/2022/6. – The Indian Economy in the Spring of 2022 in the Light of the Russia-Ukraine War” - Eurasia Center Brief Analysis EC/2022/5. – Present and future of the Western Europe-Western China
Abstract In Eurasia, there are currently a number of global projects aimed at expanding economic cooperation between countries on the continent. Most of these initiatives are related to China and the countries of the Eurasian Economic Union and aim to optimize the logistics of the movement of goods. One such project is the construction ofContinue reading “Eurasia Center Brief Analysis EC/2022/5. – Present and future of the Western Europe-Western China” - Eurasia Center Brief Analysis EC/2022/4. – Turkey as the gateway to East and West
Abstract Turkey’s position in the world economy has undergone fundamental changes over the past decade. London-based Standard Chartered, a multinational banking and financial services company predicts that Turkey will become the world’s fifth-largest economy by 2030, which, given recent developments and economic indicators, seems far from impossible. At the same time, it has become anContinue reading “Eurasia Center Brief Analysis EC/2022/4. – Turkey as the gateway to East and West” - Eurasia Center Brief Analysis EC/2022/3. – The consequences of Covid-19 in the Philippines and future prospects for the development of the Philippine economy
Abstract As in other countries around the world, the coronavirus epidemic has had a major impact on the economy of the Philippines. The crisis has also called into question the achievements of the Dutertenomics programme launched in 2016, while the administration of President Rodrigo Duterte has done its utmost to mitigate the effects of theContinue reading “Eurasia Center Brief Analysis EC/2022/3. – The consequences of Covid-19 in the Philippines and future prospects for the development of the Philippine economy” - Eurasia Center Brief Analysis EC/2022/2. – Singapore’s economy in 2021 – Raising from the ashes?
Abstract Several peculiarities of the Singaporean economy stand out clearly: the size of the economy, the focus on business services and technological development, and the unique exchange rate system, etc. For this reason, it is worth taking a look at how the Singapore economy responded to the economic crisis triggered by the COVID‑19 pandemic andContinue reading “Eurasia Center Brief Analysis EC/2022/2. – Singapore’s economy in 2021 – Raising from the ashes?” - Eurasia Center Brief Analysis EC/2022/1. – Where is Japan heading?
Abstract Japan is the third largest economy in the world, however, it seems that nowadays Japan has been stuck in an economic time wrap and failed to keep pace with the growth it has seen around in Asia. In 2021 the country faced numerous challenges, not only because Japan was hosting the Olympic Games, butContinue reading “Eurasia Center Brief Analysis EC/2022/1. – Where is Japan heading?”