For this episode, I talked with Alex Nice of the Economist Intelligence Unit about the regional economic crisis in Central Asia caused by the Western sanctions on Russia and the decline in global oil prices.
How are Central Asian governments and central banks responding to the crisis, and how effective are their policies? How could the crisis affect long-term economic integration trends? How bad will the crisis get?
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Nate Schenkkan, Impact of the Economic Crisis in Russia on Central Asia, Russian Analytical Digest No. 165
--, “Eurasian Disunion: Why the Union Might Not Survive 2015,” Foreign Affairs, December 26, 2014