• KGS/USD = 0.01157 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09170 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09170 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09170 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09170 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09170 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09170 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09170 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%
  • KGS/USD = 0.01157 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.09170 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28573 -0.14%

Viewing results 1 - 6 of 6

Power Shifts in Central Asia: The Unpredictable Path of Leadership

European Union Commissioner for International Partnerships Josef Sikela has concluded his tour of Central Asia, a visit conducted against the backdrop of global geopolitical turbulence. Unlike previous engagements, where European officials often criticized the region’s leadership for a lack of democratic progress, Sikela refrained from making demands on local governments. Historically, Europe has accused Central Asian states of authoritarianism and the entrenchment of long-serving leaders. However, the idea that power is uniquely permanent in the region is increasingly questioned. Critics point to Western examples, such as Angela Merkel’s 16-year tenure as Germany’s chancellor, and alleged electoral manipulation within the EU, such as in Romania, where elections were annulled after an undesired candidate’s victory. Meanwhile, in Central Asia, even presidents once considered “eternal” have eventually left office, sometimes peacefully, sometimes under turbulent conditions. Kyrgyzstan: The Unpredictable Outlier Kyrgyzstan is often described as a "democratic exception" within Central Asia, yet its history is marked by political instability and frequent leadership changes, arguably more so than in many of the world’s most conflict-prone regions. The country’s first president, Askar Akayev, held power from 1990 to 2005. Though re-elected three times, his rule ended in March 2005 when protests erupted over parliamentary election results that heavily favored pro-government candidates. Demonstrators stormed the Government House in Bishkek, prompting Akayev to flee. Reports, though unverified, claimed he was smuggled out wrapped in a carpet. Following Akayev’s ouster, Kurmanbek Bakiyev took power, but his rule ended in 2010 after violent unrest. His downfall was allegedly facilitated by Kazakhstan’s intelligence services, and he later found political asylum in Belarus under President Alexander Lukashenko. Since Bakiyev’s departure, Kyrgyzstan has continued to experience political turbulence. Presidents Almazbek Atambayev (2010-2017) and Sooronbai Jeenbekov (2017-2020) both left office under pressure. Atambayev’s tenure saw a diplomatic fallout with Kazakhstan, while Jeenbekov resigned in 2020 amid protests over parliamentary elections. His successor, Sadyr Japarov, remains in office, but whether he will complete his term is an open question. Uzbekistan: Reform Within Limits Islam Karimov, Uzbekistan’s first post-Soviet leader, ruled for over 26 years before his death in 2016. While he maintained a strictly centralized government, his tenure was also marked by violent crackdowns, most notably the Andijan uprising in 2005, which resulted in a Western diplomatic fallout​. His successor, Shavkat Mirziyoyev, has introduced some reforms, loosening restrictions on civil liberties and the economy. However, the fundamental structure of state control remains intact, with opposition movements still tightly monitored. Kazakhstan: From Nazarbayev to Tokayev Kazakhstan’s transition from Nursultan Nazarbayev to Kassym-Jomart Tokayev is often described as managed succession rather than a genuine power shift. Nazarbayev, who led Kazakhstan for nearly three decades, officially stepped down in 2019, yet retained significant influence until the January 2022 unrest, which forced him to relinquish much of his remaining power. These protests, initially sparked by fuel price hikes, rapidly escalated into anti-government riots. While official accounts describe the unrest as an attempted coup orchestrated by figures within Nazarbayev’s inner circle, critics suggest Tokayev used the crisis to consolidate power....

Kyrgyzstan’s Economic Boom or Bust? Calls for Inclusive Growth Persist

Kyrgyz President Sadyr Japarov declared late last year that the country’s economic growth had reached historic milestones, with GDP maintaining positive momentum. However, local economists remain skeptical about the broader impact of this growth. In 2020, Kyrgyzstan’s GDP stood at 639 billion KGS ($7.3 billion), according to official data. By the end of 2025, this figure is projected to reach 1.8 trillion KGS ($22 billion). Growth Without Inclusion In an interview with The Times of Central Asia, economist Nurgul Akimova acknowledged that the reported 9% GDP growth and the so-called “leopard’s leap” frequently mentioned by the government are positive developments. However, she stressed that for economic expansion to be meaningful for ordinary citizens, it must be inclusive. "Nine percent growth is not inclusive because it does not create additional jobs. The main drivers of our economic growth are construction, downstream industries, and the financial sector. These sectors do not contribute to improving human capital. In construction, for instance, a significant portion of costs goes toward imported building materials," Akimova explained. According to Akimova, Kyrgyzstan’s economy has followed an inertia-driven trajectory for the past 30 years, avoiding major shocks but also failing to achieve significant breakthroughs. She pointed out that if the garment sector were growing, it would have a greater impact, as it did 15 years ago when Kyrgyz-made clothing was exported to neighboring countries. "For example, a seamstress spends her income on education, healthcare, and consumption. By doing so, she contributes to the development of other inclusive sectors, benefiting society as a whole," Akimova said, adding that while the economy is expanding, it is not improving the welfare of citizens. A People-Centered Economy Akimova emphasized that economic policy should prioritize people’s wellbeing, as failure to do so could erode public trust in the government. She also criticized official comparisons of Kyrgyzstan’s economic growth with other countries, arguing that such assessments lack context. "Officials claim Kyrgyzstan is growing faster than others, but an economy that produces microchips and one that manufactures T-shirts are fundamentally different. These industries require distinct investment levels, equipment, and human capital." Kyrgyzstan’s economy is currently valued at approximately $14 billion. If the country were to sustain an annual 10% growth rate, as authorities suggest, GDP would increase by $1.4 billion per year. Akimova highlighted that this figure represents only 0.5% of Kazakhstan’s economic growth, 0.06% of Russia’s, and a mere 0.0006% of the United States’ GDP expansion. "When we hear claims that we are growing faster than others, we must consider the scale and complexity of economic processes," the economist concluded.

Middle Power Policy in Global Confrontation Environment

The current polycrisis fundamentally damaged the whole architecture of the Modern World Order, in particular, the Economics and Global Governance. Global tensions peaked during the 2019 pandemic crisis, and the 2022 war in Ukraine not only reduced the post-Cold War dynamics of international cooperation but changed its very nature. The Global Risks Report, issued by the 2023 Davos World Economic Forum, explains that a polycrisis dominated by the cost-of-living crisis, climate crisis, and political instability threatens to reverse hard-fought gains in development and growth, “The biggest turmoil is geopolitical... We have already entered a multipolar world in which each region has its own issues and role in global politics” (Jeffrey Sachs, The New World Economy, January 10, 2023). The era of a favorable climate for international trade, investment promotion in emerging markets, and the liberalization of international cooperation—beginning with the breakdown of the socialist bloc—is likely coming to an end.  We have now entered a polycrisis in which multiple risks exert force equally. The increasing number and dynamics of these crises are of deep concern for global governance actors, as unresolved old threats are now compounded by new ones, creating additional difficulties. What is essential is the widening imbalance between crisis management and development in global governance. Global management today focuses primarily on crisis regulation while playing a diminishing role in development programs. This is evident in the financial resource allocation for the Ukrainian crisis and UN funds for sustainable development: total bilateral aid from the US and EU for Ukraine between January 24, 2022, and June 30, 2024, amounts to $75.1 billion and $39.38 billion, respectively. In contrast, as of January 2017, only 22 joint UN programs had been approved with a total budget of $69.36 million. Global governance priorities are increasingly skewed toward security, while the socio-economic component steadily declines due to rising global conflicts. We have entered a fragmented, polarized world that lacks consensus on many critical international issues. Globalization is taking on features of deglobalization. The war in Ukraine has divided the world into two camps—the Global North (Western nations) and the Global South (Eastern nations)—each with differing visions for the contemporary world order. This division now permeates nearly all aspects of international and national life. The return of President Trump’s Administration in January 2025 raises several new questions and expectations regarding the future status of global partnerships. The updated American strategy urgently requires a deep and comprehensive political and academic analysis. This includes recent US actions such as withdrawing from certain UN institutions (e.g., the UN Human Rights Council and the World Health Organization, with UNESCO possibly following), imposing trade tariffs among major global trading partners, and introducing other new initiatives. These changes have already become a reality. At the same time, we observe a decline of the United Nations' effectiveness in resolving the acute problems of Global Security and Sustainable Development. Consequently, new global development initiatives have emerged, spearheaded by the United States and the European Union (PGII), as well as China (GDI, GSI,...

Tokayev’s Approval Rating Soars Amid Economic Gains, But Leadership Challenges Persist

President Kassym-Jomart Tokayev’s approval rating remains consistently high, as confirmed by multiple surveys. However, experts note challenges within Kazakhstan's political landscape, including a lack of standout leaders and frequent staff turnover in government structures. High Approval Ratings Linked to Economic Well-Being In December 2024, the Social and Political Research Foundation "Strategy" released a survey showing President Tokayev's approval rating at 80.4%. This marks an increase from December 2023, when the foundation reported a 76.4% approval rating. Other studies corroborate these findings; for instance, the Kazakhstan Institute for Strategic Studies found in July 2024 that 77.1% of Kazakhstanis trust the president. Explaining the methodology behind these surveys, Gulmira Ileuova, head of the Strategy Foundation and a member of the advisory public organization, the National Kurultai, told the Times of Central Asia: “The question to respondents is framed as, ‘Do you approve of the activities of the president, parliament, and government?’ Of those surveyed, 80.4% chose ‘I approve/Somewhat approve.’ Additionally, a separate project showed trust in the president at 77%.” Ileuova highlighted that Tokayev has faced numerous social, economic, and political challenges during his tenure. She noted a significant drop in his approval rating during December 2021, when the COVID-19 pandemic and quarantine restrictions were in effect. At that time, his approval rating fell to 40%. However, it rebounded in the subsequent years, reaching its highest level in 2024. By comparison, the government and parliament lag in terms of public support, with approval ratings of 59% and 54%, respectively. Ileuova explained that such gaps between the president’s popularity and that of other branches of government were also characteristic during the presidency of Nursultan Nazarbayev, which ended in 2019. The sustainability of these high ratings, she argued, hinges on the country’s economic performance. Historically, fluctuations in citizens’ well-being have had a direct impact on the approval ratings of political leaders. Criticism and Public Perception Despite the high ratings, Ileuova acknowledged skepticism toward her research. Critics often accuse survey organizations of bias, particularly those who inhabit what she describes as “information bubbles.” “On social media, individuals often focus solely on content that aligns with their negative perception of the president or the country’s overall situation. For example, some claim the government failed to help flood victims. While isolated cases exist, most victims received aid, and houses were built for them. Of course, there are valid reasons for criticism, but there are also many achievements that benefit ordinary people,” she explained. The connection between Tokayev’s approval rating and public living standards is evident. According to Strategy’s December 2024 survey, 29.6% of respondents described their financial situation as “good” or “very good,” while 15% rated theirs as “bad” or “very bad.” The majority - 52.8% - said their family’s financial situation is “average.” The Challenge of Personnel Management Experts point to difficulties in assessing President Tokayev’s personnel policies. While some figures - such as Mazhilis Speaker Yerlan Koshanov, Senate Speaker Maulen Ashimbayev, State Counselor Yerlan Karin, and Prime Minister Olzhas Bektenov - maintain steady approval ratings,...

Bakyt Baketayev: Organization of Turkic States Is About Investment, Not Politics

The 11th summit of the Organization of Turkic States (OTS), which includes Kyrgyzstan, Kazakhstan, Uzbekistan, Turkmenistan, Azerbaijan, Turkey, and Hungary (as an observer), was held in Bishkek, Kyrgyzstan's capital. Speaking with The Times of Central Asia, Kyrgyz political analyst Bakyt Baketayev noted that the OTS was initially created on a cultural and linguistic basis. However, the turbulent geopolitical situation in the world gave the organization impetus for its current development. “The catalyst for the development of the OTS was the geopolitical situation and military-political events in the world. At the beginning of the organization's work - in 2009 - the countries worked on cultural programs and common spiritual issues uniting Turkic peoples. Today, the members of the OTS already cooperate at the level of governments, ministries, and agencies and discuss economic issues,” Baketayev said. Baketayev drew attention to the composition of the Organization of Turkic States. It includes countries representing different economic and political associations: NATO (Turkey), the European Union (Hungary), and the EAEU (Kyrgyzstan and Kazakhstan). “We should not expect any big results from the OTS summit. There will be no common political statements - the countries are scattered geographically and have different interests. But from the economic point of view of trade development and investment development, concrete steps are quite possible,” Baketayev said. The analyst is confident that the Organisation of Turkic States will help overcome problems related to hydropower and the lack of water resources in Central Asia. If the heads of state have common economic interests, they will be more likely to reach an agreement.

70% Of Kazakhstanis Happy With Their Life, World Bank Survey Finds

According to the World Bank’s latest ‘Listening to Kazakhstan’ survey, around 70% of people in the country are happy with their life – a figure that has remained constant since its first survey in 2021.  The survey for 2023, conducted in partnership with the United Kingdom’s department for international development, monitors the economic and social wellbeing of Kazakhstan’s population, and provides insights into the impact of policy changes on households. The survey reaches 1,400 households in urban and rural areas. It revealed that public perceptions of economic conditions significantly improved last year. It found that a higher percentage of respondents in 2023 believed it was a good time to start a business compared to 2021 and 2022. However, this opinion dipped in the final quarter of 2023.   Around three-quarters of respondents expressed optimism about the country’s long-term economic outlook. This optimism was especially strong in respondents aged 18-24 and in high-income families. The survey showed that support for the government’s reforms increased to 67% last year and was particularly high among young people, the elderly, and people in rural areas.  Metin Nebiler, head of the World Bank in Kazakhstan’s poverty and equity team, commented: “We found it very encouraging to see that the overall wellbeing of Kazakhstanis has been improving. The views on the [economic] outlook and the government’s performance are stable or trending positive.”  However, citizens also registered several concerns. Inflation remains a significant issue for 94% of respondents, although the annual inflation rate declined in 2023. The survey also found that challenges such as income inequality (92%) and worries about job losses (over 50%) still need to be addressed. Additionally, perceptions of government openness and anti-corruption efforts only showed only slight improvement.