This article examines the economic and institutional implications of the resource curse and Dutch disease in resource-rich countries. It investigates how dependence on oil and gas exports influences GDP growth, corruption levels, social development, and governance quality. Using comparative analysis, the study identifies three main patterns: first, countries with strong institutions and diversification strategies, such as Norway and Canada, successfully convert resource wealth into sustainable development; second, countries like Nigeria and Venezuela demonstrate that weak governance leads to low economic performance despite resource abundance; and third, states with mixed outcomes, such as Kazakhstan and Saudi Arabia, show moderate progress but remain vulnerable to external shocks. The findings highlight the importance of transparent fiscal policies, investment in human capital, and institutional reform. Natural resource wealth alone does not guarantee prosperity – effective governance is essential to mitigate risks and ensure long-term economic stability.

Keywords: Resource curse, Dutch disease, Economic growth, Oil dependence, Governance, Diversification

DOI : https://doi.org/10.53277/2519-2442-2025.2-01 [HTML]

Donald Trump’s victory in the 2024 U.S. presidential election marks his return to the White House, making him the second president in U.S. history to serve non-consecutive terms. His win, supported by a coalition with Senator J.D. Vance and a shift in key swing states, reflects a deep transformation in voter sentiment driven by economic grievances and dissatisfaction with the Biden-Harris administration. This article analyzes Trump’s second-term domestic and international policy directions, focusing on economic nationalism, aggressive trade measures, deregulation, and a shift from multilateralism to transactional diplomacy. Central to his approach is confronting China through tariffs, semiconductor technology, and strategic decoupling, reshaping global economic dynamics. His skepticism towards traditional alliances and global institutions introduces uncertainty in international relations. The article also explores the implications of these policies for Kazakhstan and Central Asia, highlighting Kazakhstan’s strategic position amidst U.S.-China tensions and potential U.S.-Russia rapprochement, presenting both opportunities and challenges for careful geopolitical balancing.

Keywords: Trump, Trade, Transactional Diplomacy, Geopolitics, Kazakhstan

DOI : https://doi.org/10.53277/2519-2442-2025.2-02 [HTML]

This study examines the relationship between the Türkiye CDS premium and the prices of USD/TL and BIST30 futures contracts traded on BIST VIOP. In addition, the national and global variables affecting these three variables were analyzed. Based on the literature, four national and eight global variables were used to explain these variables. Inflation, industrial production index, central bank external debt, and reserve data are used at the national level. The VIX and MSCI ACWI indices and CDS premiums of the USA, China, Germany, Italy, the United Kingdom, and Brazil were used at the global level. Data were collected at a monthly frequency covering the period from August 2018 to December 2024. VAR model-based, Granger causality, impulse response, and variance decomposition analyses were conducted. The results reveal a relationship between CDS and BIST30 futures with both global and national variables, while USD/ TL futures are primarily influenced by national factors. The effect of the structural breaks was also significant.

Keywords: Credit default swap, Futures and options market, Futures contract, Time series analysis, Türkiye

DOI : https://doi.org/10.53277/2519-2442-2025.2-03 [HTML]

International students are particularly vulnerable to mental health challenges, including depression, anxiety, and psychological distress, often at rates significantly higher than those of their domestic counterparts. In light of these pressing mental health concerns, this study primarily sought to investigate whether positive intergroup contact and intercultural sensitivity could serve as effective strategies to attenuate intergroup anxiety among Asian international students studying in Hungary. The study further examined the students’ levels of intergroup contact, intercultural sensitivity, and intergroup anxiety. Participants were selected through convenience sampling from the general student population (N = 237) and completed self-report questionnaires assessing these variables. Data were analyzed using both descriptive and inferential statistical techniques, including frequency distribution, Pearson product-moment correlation, and hierarchical multiple regression. The results indicate that while international students experience low to moderate intergroup contact with local individuals, they exhibit higher levels of intercultural sensitivity. Additionally, moderate levels of intergroup anxiety were reported during intercultural interactions. Importantly, the findings reveal that intergroup contact and intercultural sensitivity emerge as essential resources for reducing intergroup anxiety. These results underscore the need for higher education institutions to proactively foster intergroup contact and enhance intercultural sensitivity among their international student populations. The study also discusses implications, limitations, and future research directions.

Keywords: Intergroup contact, Intercultural sensitivity, Intergroup anxiety, Asian international students, Hungary

DOI : https://doi.org/10.53277/2519-2442-2025.2-04 [HTML]

The contemporary generation of ethnic Koreans in Kazakhstan demonstrates a strong sense of ethnic self-identification, with cultural continuity serving as a central component of this identity. Core elements sustaining this identity include the preservation of language, family and domestic rituals, and the celebration of ethnic holidays. This article examines strategic approaches to the preservation of cultural values among Koreans in Kazakhstan, emphasizing the intergenerational transmission of traditions as a foundational mechanism. A notable dimension of this process is the increasing cultural influence of the Republic of Korea, which functions as a symbolic homeland. However, this influence also introduces tensions, as contemporary South Korean cultural forms may obscure or displace the traditional practices developed by deported Koreans since the 1930s. By drawing on academic literature, narrative interviews, and oral histories, this study seeks to identify effective and contextually grounded strategies for sustaining the distinct ethnocultural identity of the Korean diaspora in Kazakhstan

Keywords: Koreans in Kazakhstan, Koryo saram, everyday multiculturalism, Acculturation, Integration

DOI : https://doi.org/10.53277/2519-2442-2025.2-05 [HTML]

The article presents an analysis of the content of key regulatory legal acts of the Republic of Kazakhstan governing corporate social responsibility (CSR) for business. The method of content analysis is used, combining a qualitative assessment of the content of strategically significant documents and a quantitative review of references to the main thematic categories. It has been established that there is no single specific law on CSR in Kazakhstan, but certain aspects of social responsibility are integrated into various legislative acts (labour, environmental, entrepreneurship, etc.). A comparative analysis of Kazakhstan’s regulation with international standards and practices is conducted. The study delineates the strategic areas of state regulation of corporate social responsibility (CSR), including the protection of workers’ rights, the promotion of social partnership, environmental conservation, and the encouragement of charitable activities and social investment, providing a comprehensive analysis of their qualitative and quantitative dimensions. Based on the identified gaps, recommendations are proposed for improving legislation in the field of CSR, taking into account advanced foreign experience and sustainable development goals. The main conclusions emphasize the need to adopt a comprehensive national strategy for CSR and strengthen government measures to stimulate responsible business.

Keywords: Corporate social responsibility, Regulatory legal acts, Sustainable development, Content analysis, Social partnership.

DOI : https://doi.org/10.53277/2519-2442-2025.2-06 [HTML]

For citation: Kanapiyanova, Zh. (2025). [Review of the Geopolitics of the Turkic World, by F. Karaman]. Eurasian Research Journal, 7(2), 243-245.

Keywords: Geopolitics, Turkic World, Middle Corridor, China

DOI : https://doi.org/10.53277/2519-2442-2025.2-07 [HTML]