... 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 ...
... of the population lives on less than $2 a day (by purchasing power parity). A prolonged war and the associated disruptions and human losses sent the economy into a downward spiral (in 1995, its GDP was 41 per cent of its 1991 level). The Tajikistani economy is one of the weakest in Central Asia. The republic’s strong point is in its proven reserves of silver, lead, zinc and aluminium ores
1
, its considerable hydropower potential and its competitive carpet weaving industry.
The Tajikistani economy is defined by its high dependence ...
... million people, to remove barriers to the movement of capital, goods and labor, which can become a significant stimulus for the economy of Russia and its neighboring countries. Implementing this strategy, however, faces certain constraints and requires a ... ... development is possible without security guarantees. Therefore, preventing chaos and Islamization as well as preserving statehood in Central Asia, the most vulnerable region of the EEU space, is one of the most urgent priorities.
Due to the terrorist attacks ...
