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Central Asian countries at the crossroads of major economic interests

Author

Listed:
  • George Cornel Dumitrescu
  • Simona Moagar Poladian
  • Andreea-Emanuela Dragoi

Abstract

In the current global environment shaped by the international economic crisis consequences and by the tensions related to new political and economic strategies of Russian Federation, USA, Japan and China, the countries from Central Asia are at this Great Economic Powers center of attention. Being landlocked, rich in energy resources, but lacking infrastructure, these countries are open to international initiatives, but a bit reluctant towards any project that could endanger their newly gained independence. Analysing the literature in the field, statistical data and the national strategies of the countries involved, our paper proposes to assess the various interests of Russian Federation, China and USA towards the Central Asian countries, focusing on multilateral trade, memberships to international organizations and border issues. In this regard, our analysis focuses on the economic impact of three main economic integration projects focusing on the Central Asian Countries, namely: the Silk Road Economic Belt (China), the New Silk Road Strategy (USA) and Eurasian Union (Russian Federation) and will try to identify the success rate of each project on the basis of scoring method.

Suggested Citation

  • George Cornel Dumitrescu & Simona Moagar Poladian & Andreea-Emanuela Dragoi, 2015. "Central Asian countries at the crossroads of major economic interests," National Strategies Observer (NOS), Institute for World Economy, Romanian Academy, vol. 1.
  • Handle: RePEc:iem:nosiem:v:1:y:2015:id:2822000009352027
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    More about this item

    Keywords

    Great Economic Powers; multilateral trade; Central Asia’s countries; Silk Economic Belt; Eurasia Union; scoring method;
    All these keywords.

    JEL classification:

    • F - International Economics
    • C - Mathematical and Quantitative Methods
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • F1 - International Economics - - Trade
    • F15 - International Economics - - Trade - - - Economic Integration

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