By Valeriy Dzutsev (03/19/2014 issue of the CACI Analyst)
Russia’s support for the secession of Ukrainian Crimea is likely to affect Abkhazia and South Ossetia, which Russia unilaterally recognized after the brief Russian-Georgian war of 2008. Following the open confrontation with the West over Ukraine's territorial integrity, Moscow is now ramping up its control over Georgia's breakaway territories. Russia's entrenchment in Abkhazia and South Ossetia is linked to the Russian government's general sense of entitlement to the post-Soviet space and the perceived threat of retreating from it. While there are many parallels between how the situation in Crimea evolves and that in the South Caucasian semi-recognized territories, there are also some important differences.
By Slavomír Horák (03/19/2014 issue of the CACI Analyst)
While Russia's intervention in Ukraine at first glance has few implications for developments in the Eastern part of former Soviet territory, Central Asian governments and elites are likely to analyze Russia's recent actions carefully. While the Crimea intervention could serve as a short term deterrent against foreign orientations away from Russia's regional integration project, the increasing Chinese influence in Central Asia will in the long term offer these states a powerful alternative to Russia and the crisis in Ukraine is increasing China's attractiveness as a partner.
By Birgit Brauer (03/19/2014 issue of the CACI Analyst)
The devaluation of the Kazakh tenge on Feb. 11, dubbed Black Tuesday, has further eroded the little trust people have had in the National Bank of Kazakhstan and the country's financial system. The news came as an unpleasant surprise for many Kazakhstanis who had believed the repeated assurances of the National Bank that there would be no devaluation. Even western financial analysts, who had anticipated the move, were taken aback by the scale of the devaluation.
By Huseyn Aliyev, Emil Souleimanov (the 03/05/2014 of the CACI Analyst)
The turmoil in Ukraine is followed closely not only in Russia, but also across the Caucasus. While part of the population and opposition activists have found a source of inspiration in the capacity of ordinary Ukrainians to topple the corrupt and unpopular regime, possibly paving the way for Ukraine's accession into Western structures, regional elites have demonstrated a more ambiguous approach, ranging from careful endorsement to acute concern.
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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