Economy

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Managing the Resource Curse: Strategies of Oil-Dependent Economies in the Modern Era

moderneraThis is the first in a series of studies conducted as part of a program to analyze historical precedents and develop recommendations on how to diversify resource-based economies.

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Kazakhstan Breaks Oil Production Cut Promise. The promise was symbolic, anyway.

thediplomat 2017 04 13 15 44 27 386x257Kazakhstan, it seems, has been one of the worst violators of a promise made in December to cut oil production. According to data in the International Energy Agency’s March Oil Market Report [PDF], Kazakhstan had agreed to a 20,000 barrel per day cut but instead increased production over the baseline month level (October) by 78,000 bpd.

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Kazakhstan risks backlash over labor crackdown

20170314 oil workers article main imageKazakhstan is facing the growing prospect of an international backlash over a crackdown on labor unions that has curtailed workers' rights and increased the likelihood of social unrest and political destabilization.

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How a Trump Economic Miscalculation Could Hammer His Pal Putin’s Economy

2016 12 26 1482758929 1929078 trump1915273 1280 thumbDonald Trump’s munchkins would have us believe that the new American president is going to usher in a period of prosperity for the United States and the world.

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Kremlin Gold Paves Way to Billionaire Fortune for Tito Valet

behgjetpacolliOn a cool evening in early September, Kosovo construction tycoon Behgjet Pacolli threw open the doors of his walled compound to celebrate his birthday with 20,000 “Facebook friends.”

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Authoritarian regimes use rhetoric to legitimize their power

authoritariaLeaders of authoritarian regimes in Central Asia have been able to use rhetoric to define their power as legitimate to the public despite practices of human rights violations and clamping down on dissent, according to a new study by a University of Kansas expert on international relations.

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Kazakh President Says Partners in Shell Oil Field Face Tax Claim

karachaganakKazakhstan’s authorities are looking at whether the Karachaganak oil and gas venture, which includes Royal Dutch Shell Plc and Eni SpA, has unpaid taxes.

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The Oil Crash Nightmare For Kazakhstan

oilcrashThe latest meeting of the Organization of Petroleum Exporting Countries (OPEC) in Algeria, on September 28, brought some relief to producers, with the price of oil finally trading above $50 per barrel for the first time in months.

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Kazakhstan

Flag of Kazakhstan.svgJoanna Lillis is a freelance journalist specializing in Central Asian affairs who has been based in Kazakhstan since 2005.

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Kazakhstan seeks International Arbitration ruling over investment in Romania

rompetrolKMGI Deputy Director General Azamat Zhangulov talks to New Europe in an interview about his company’s investment in the Balkans region

Experts of the Committee against Torture Commend Kazakhstan for Enhanced Legislation

Experts of the Committee against Torture Commend Kazakhstan for Enhanced Legislation

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Kazakh official: Not the time to resolve differences through war

Kazakh official: Not the time to resolve differences through war

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Oil majors sued by Kazakh government over billions in revenue

Oil majors sued by Kazakh government over billions in revenue

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