IDEAS home Printed from https://ideas.repec.org/a/arh/jrujec/v8y2022i2p159-173.html
   My bibliography  Save this article

International North–South Transport Corridor: Boosting Russia's "pivot to the South" and Trans-Eurasian connectivity

Author

Listed:
  • Evgeny Y. Vinokurov

    (Eurasian Development Bank, Moscow, Russia
    Eurasian Fund for Stabilization and Development, Moscow, Russia)

  • Arman Ahunbaev

    (Eurasian Development Bank, Almaty, Kazakhstan)

  • Alexander I. Zaboev

    (Eurasian Development Bank, Moscow, Russia)

Abstract

The Russian economy will have to adjust its logistics to face the new reality. The operationali­zation of the multimodal International North–South Transport Corridor (INSTC) is an important strategic part of it. This "pivot to the South" by Russia and other Eurasian Economic Union (EAEU) countries is of particular significance in light of the required reconfiguration of supply chains in Eurasia. Russian exporters, importers and freight forwarding companies' needs in alternative logistical opportunities have increased dramatically. The INSTC development would promote Eurasian intra- and transcontinental connectivity, reduce export costs, develop new production niches, and realize the Caspian region's transit potential. This study estimates that the aggregate potential INSTC freight traffic via all the routes and modes of transport, including containerized and non-containerized cargoes, will reach 15–25 million­ tonnes by 2030. The container traffic could rise 20x and this will require investments in hard infrastructure and also soft infrastructure improvement. The corridor will contribute to the evolving outline of the trans-Eurasian transport backbone and bring significant benefits for the economies of Russia, Central Asia, the Caucasus, Middle East, and South Asia.

Suggested Citation

  • Evgeny Y. Vinokurov & Arman Ahunbaev & Alexander I. Zaboev, 2022. "International North–South Transport Corridor: Boosting Russia's "pivot to the South" and Trans-Eurasian connectivity," Russian Journal of Economics, ARPHA Platform, vol. 8(2), pages 159-173, July.
    • Handle: RePEc:arh:jrujec:v:8:y:2022:i:2:p:159-173
    DOI: 10.32609/j.ruje.8.86617
    as

    Download full text from publisher

    File URL: https://rujec.org/article/86617/
    Download Restriction: no
    File URL: https://libkey.io/10.32609/j.ruje.8.86617?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Vinokurov, Evgeny & Lobyrev, Vitaly & Tikhomirov, Andrey & Tsukarev, Taras, 2018. "Silk Road Transport Corridors: Assessment of Trans-EAEU Freight Traffic Growth Potential," MPRA Paper 86184, University Library of Munich, Germany.
    2. Vinokurov, Evgeny & Dzhadraliyev, Murat & Shcherbanin, Yuriy, 2009. "The EurAsEC Transport Corridors," MPRA Paper 20908, University Library of Munich, Germany.
    3. Vinokurov, Evgeny, 2020. "Trans-Eurasian Container Traffic: a Belt and Road Success Story," MPRA Paper 98972, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Damoah, Kaku Attah & Giovannetti, Giorgia & Marvasi, Enrico, 2022. "Do country centrality and similarity to China matter in the allocation of belt and road projects?," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 660-674.
    2. Watanabe, Daisuke & Shibasaki, Ryuichi & Arai, Hirofumi, 2021. "Logistics Policy Analysis and Network Model Simulation for Cross-Border Transport in the Trans-Caspian Transport Corridor: Global Intermodal Logistics Network Simulation (GLINS) Model," ADBI Working Papers 1269, Asian Development Bank Institute.
    3. Yoon Heo & Roman Vernidub, 2015. "Trade facilitation and the regulatory environment in Russia," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 18(1), pages 53-72, March.
    4. Ryuichi Shibasaki & Satoshi Tanabe & Hironori Kato & Paul Tae-Woo Lee, 2019. "Could Gwadar Port in Pakistan Be a New Gateway? A Network Simulation Approach in the Context of the Belt and Road Initiative," Sustainability, MDPI, vol. 11(20), pages 1-28, October.
    5. Emerson, Michael & Vinokurov, Evgeny, 2009. "Optimisation of Central Asian and Eurasian Inter-Continental Land Transport Corridors," MPRA Paper 20916, University Library of Munich, Germany.
    6. repec:ddj:parsro:y:2014:i:2:p:94-104 is not listed on IDEAS
    7. Evgeny Vinokurov, 2014. "Emerging Eurasian Continental Integration," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 6(1), pages 69-93, January.
    8. Mazhikeyev, Arman & Edwards, T. Huw & Rizov, Marian, 2015. "Openness and isolation: The trade performance of the former Soviet Central Asian countries," International Business Review, Elsevier, vol. 24(6), pages 935-947.
    9. Fenling Feng & Ze Zhang & Mingxu Cai & Chengguang Liu, 2024. "Analyzing and Simulating Evolution of Subsidy–Operation Strategies for Multi-Type China Railway Express Operation Market," Mathematics, MDPI, vol. 12(11), pages 1-31, May.
    10. Vinokurov, Evgeny, 2014. "Emerging Eurasian Continental Integration: Trade, Investment and Infrastructure," MPRA Paper 62027, University Library of Munich, Germany.
    11. Kenderdine, Tristan & Bucsky, Peter, 2021. "Middle Corridor—Policy Development and Trade Potential of the Trans-Caspian International Transport Route," ADBI Working Papers 1268, Asian Development Bank Institute.

    More about this item

    Keywords

    International North–South Transport Corridor INSTC supply chains trans-Eurasian transport backbone international trade international logistics Eurasia Caspian Sea;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arh:jrujec:v:8:y:2022:i:2:p:159-173. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Teodor Georgiev (email available below). General contact details of provider: https://rujec.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.