... global economic development combined to unsettle the balance of global and regional security. The annual report produced jointly by RIAC, ICCA RAS and the Fudan University focuses on the political and economic engagement between Moscow and Beijing in Central Asia and Eurasia as the key region of their shared interest. The report contains data monitoring the evolution of bilateral ties in business and trade, banking and finance, transport and logistics, and humanitarian sectors. Recommendations for ...
... than demand it. The composition of the government is also a domestic matter for each country, and the three years of Taliban rule show that the movement has confirmed its internal legitimacy. Recommendations for inclusivity from Russia, Iran or other Central Asian states imply that a government representing a broader political spectrum would better serve the interests of the country and society, and therefore be more stable. Representation of different political forces, including ethno-political ones,...
... Azerbaijan alike. Restoring transport links among the South Caucasus nations will help cultivate both economic and political relations within the region and will also have a positive effect on the development of cooperation between the South Caucasus and Central Asia.
The 3+3 consultative regional platform is currently one of the main promising negotiation forums in the South Caucasus. This cooperation mechanism is becoming increasingly more relevant amid the post-conflict development in the region. The ...
... capacity of the Black Sea cable line to at least 16 terabit/s. This Azerbaijani initiative strategically connects Central Asia with Europe and opens further routes to the global internet system.
The projects of the European Union serve to boost the digital economy of Central Asia and diversify the connection of the region to global internet systems. According to World Bank studies, “a 10% increase in broadband penetration adds around 1% to economic growth in Central Asia, while a 1% increase in internet connectivity ...
RIAC, Institute of Far Eastern Studies of the Russian Academy of Sciences and Institute of International Studies at Fudan University Report #78 / 2022
RIAC, Institute of Far Eastern Studies of the Russian Academy of Sciences and Institute of International Studies at Fudan University Report #78 / 2022
The eighth annual report by the Russian International Affairs Council, the Institute of Far Eastern Studies of the Russian Academy of Sciences and the Institute of International Studies at Fudan...
October 26-27, 2021
The Journal JEECAR has organized a two-day virtual Conference on
Economic Transformations of the Central Asian Region and the Influence of China, Russia, and the U.S.
The Conference is administered in cooperation with the Almaty Management University, Kazakhstan, The Russian International Affairs Council (RIAC), and Webster University in St. Louis,...
... development in critical sectors of the economy, inefficient fiscal and monetary policy and limited R&D to an unfavourable investment and business environment and corruption (
Annex 1
).
Artem Dankov:
The Paradoxes of Social and Economic Development in Central Asia
The government of Kazakhstan has been trying to overcome the negative impacts of external factors and internal structural weaknesses by establishing new goals and diversify its economy from hydrocarbon dependency to more innovative sectors. In 2012, the government announced the new Kazakhstan 2050 strategy, which proposes sweeping socio-economic and political reforms to hoist Kazakhstan into the top 30 economies by 2050. The ...
... in the key economic sectors all create obstacles to developing value-added exports. Despite the obvious successes of individual sectors, such as light industry (textiles, clothing and food), non-ferrous metals, construction materials and transport, Central Asian countries are increasingly reaching the objective limits of their growth.
A colossal shadow economy characterises the region. For example,
according to
Minister of Employment and Labour Relations of the Republic of Uzbekistan Sherzod Qudbiyev, only 40 per cent of the country’s economically active population is officially employed, while the ...
... external geographies changes the fundamental dynamics of international trade and investment. Its underwriting activities in Central Asia and the Caucasus reveal the shadow of China's future external industrial policy in Eurasia. Policy insurance underwriting ... ... China’s banking system to price and effectively respond to risk in external geographies is at least as questionable as the open economy financial institutions. This means that creditor risk in China is actually a much darker and deeper risk than debtor risk ...
The European Union has been active in Central Asia since the collapse of the Soviet Union in 1991. The impact of its activities have varied across the five independent Central Asian states: - The political impact of the EU's policies has been the most evident in Kyrgyzstan and to a slightly ...
