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

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    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.

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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/2333/634350PUB0Trad01512B0EXTOP0ID018788.pdf?sequence=1
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    Bibliographic Info

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    This book is provided by The World Bank in its series World Bank Publications with number 2333 and published in 2011.

    ISBN: 978-0-8213-8788-7
    Handle: RePEc:wbk:wbpubs:2333

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    Postal: 1818 H Street, N.W., Washington, DC 20433
    Phone: (202) 477-1234
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    Web page: https://openknowledge.worldbank.org
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    Related research

    Keywords: Finance and Financial Sector Development - Banks & Banking Reform Macroeconomics and Economic Growth - Markets and Market Access Macroeconomics and Economic Growth - Economic Theory & Research Transport Economics Policy and Planning Environment - Environmental Economics & Policies Transport;

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    1. Harry G. Broadman, 2005. "From Disintegration to Reintegration : Eastern Europe and the Former Soviet Union in International Trade," World Bank Publications, The World Bank, number 7511.
    2. Reardon, Thomas & Gulati, Ashok, 2008. "The supermarket revolution in developing countries: Policies for "competitiveness with inclusiveness"," Policy briefs 2, International Food Policy Research Institute (IFPRI).
    3. Mona Haddad & Jamus Jerome Lim & Cosimo Pancaro & Christian Saborowski, 2013. "Trade openness reduces growth volatility when countries are well diversified," Canadian Journal of Economics, Canadian Economics Association, vol. 46(2), pages 765-790, May.
    4. Jonathan Eaton, Marcela Eslava, Maurice Kugler, and James Tybout, 2007. "Export Dynamics in Colombia: Firm-Level Evidence," Working Papers eg0038, Wilfrid Laurier University, Department of Economics, revised 2007.
    5. Boltho, Andrea & Carlin, Wendy & Scaramozzino, Pasquale, 1996. "Will East Germany Become a New Mezzogiorno?," CEPR Discussion Papers 1256, C.E.P.R. Discussion Papers.
    6. Thomas Farole, 2011. "Special Economic Zones in Africa : Comparing Performance and Learning from Global Experience," World Bank Publications, The World Bank, number 2268.
    7. Chuang, Yih-Chyi, 1998. "Learning by Doing, the Technology Gap, and Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(3), pages 697-721, August.
    8. Jomo K.S. & M. Rock, 1998. "Economic Diversification And Primary Commodity Processing In The Second-Tier South-East Asian Newly Industrializing Countries," UNCTAD Discussion Papers 136, United Nations Conference on Trade and Development.
    9. Brenton, Paul & Newfarmer, Richard, 2007. "Watching more than the Discovery channel : export cycles and diversification in development," Policy Research Working Paper Series 4302, The World Bank.
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