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Trade Expansion through Market Connection : The Central Asian Markets of Kazakhstan, Kyrgyz Republic, and Tajikistan

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  • World Bank

Abstract

The five countries of Central Asia expanded their trade significantly since beginning their transition with exports quadrupling to almost USD70 billion between 2003 and 2008 but without substantial diversification. These countries achieved this by promoting private investment, property rights, trade liberalization, and transport infrastructure in varying degrees. This study focuses on three countries of Central Asia-Kazakhstan, the Kyrgyz Republic, and Tajikistan-and applies the framework used by the World Development Report (WDR 2009). These countries agreed to participate in the study, but the results of this work are also relevant for others in the Central Asia region. The global crisis reduced trade and exports of the three countries in 2009 as it did for the world. The study recommends that Kazakhstan, the Kyrgyz Republic, and Tajikistan anchor their export diversification and growth strategy on three spatial scales.

Suggested Citation

  • World Bank, 2011. "Trade Expansion through Market Connection : The Central Asian Markets of Kazakhstan, Kyrgyz Republic, and Tajikistan," World Bank Publications - Books, The World Bank Group, number 2333.
    • Handle: RePEc:wbk:wbpubs:2333
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    References listed on IDEAS

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    Cited by:

    1. Kalyuzhnova, Yelena & Holzhacker, Hans, 2021. "Enhancing Connectivity and Trade Between Central Asia Regional Economic Cooperation Countries and the World: Benefits, Risks and Policy Implication," ADBI Working Papers 1271, Asian Development Bank Institute.
    2. Asian Development Bank Institute, 2017. "Tajikistan: Promoting Export Diversification and Growth," Working Papers id:11768, eSocialSciences.
    3. Coulibaly, Souleymane, 2012. "Shifting comparative advantages in Tajikistan : implications for growth strategy," Policy Research Working Paper Series 6125, The World Bank.

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