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Is it really different? Patterns of regionalization in the post-Soviet Central Asia

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  • Libman, Alexander
  • Vinokurov, Evgeny

Abstract

While the regional economic integration in the former Soviet Union turns out to be highly inefficient, there appears to be a stronger interest to the regionalism in smaller groups of more homogenous and geographically connected countries of the region, specifically, Central Asia. This paper attempts to understand whether the preconditions for the regional integration in Central Asia are indeed better than in the CIS in general. Using a new dataset of the System of Indicators of Eurasian Integration of the Eurasian Development Bank, it finds that although the economic links between the Central Asian countries are more pronounced than between that of the CIS in several key areas, this advantage has been disappearing fast over the last decade. In addition, the trend of economic integration of Central Asia seems to strongly correlate with that of the CIS in general, while Russia persists as the dominant gravitation pole for all of Central Asia. Currently Central Asia should be treated as a sub-region of the post-Soviet world rather than a definite integration region. On the other hand, however, we find that Kazakhstan emerges as a new center for regional integration, which can bear some potential for regionalism in Central Asia.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 21062.

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Date of creation: Feb 2010
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Handle: RePEc:pra:mprapa:21062

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Keywords: regionalization; economic integration; post-Soviet space; Central Asia;

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  1. David Jay Green, 2001. "Regional co-operation policies in Central Asia," Journal of International Development, John Wiley & Sons, Ltd., vol. 13(8), pages 1151-1164.
  2. Grafe, Clemens & Raiser, Martin & Sakatsume, Toshiaki, 2008. "Beyond borders--Reconsidering regional trade in Central Asia," Journal of Comparative Economics, Elsevier, vol. 36(3), pages 453-466, September.
  3. Gaël Raballand & Agnès Andrésy, 2007. "Why should trade between Central Asia and China continue to expand?," Asia Europe Journal, Springer, Springer, vol. 5(2), pages 235-252, June.
  4. Lev Freinkman & Evgeny Polyakov & Carolina Revenco, 2004. "Trade Performance and Regional Integration of the CIS Countries," World Bank Publications, The World Bank, number 14933, August.
  5. Ian Babetskii & Oxana Babetskaia-Kukharchuk & Martin Raiser, 2003. "Transition and international integration in eastern Europe and the former Soviet Union," Working Papers, European Bank for Reconstruction and Development, Office of the Chief Economist 83, European Bank for Reconstruction and Development, Office of the Chief Economist.
  6. Kevin H. O'Rourke & Jeffrey G. Williamson, 2000. "When Did Globalization Begin?," NBER Working Papers 7632, National Bureau of Economic Research, Inc.
  7. Herrmann-Pillath, Carsten, 2006. "Endogenous regionalism," Journal of Institutional Economics, Cambridge University Press, Cambridge University Press, vol. 2(03), pages 297-318, December.
  8. Little, Peter, 2005. "Unofficial Trade When States are Weak: The Case of Cross-Border Commerce in the Horn of Africa," Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) RP2005/13, World Institute for Development Economic Research (UNU-WIDER).
  9. Vinokurov, Evgeny, 2010. "The System of Indicators of Eurasian Integration," MPRA Paper 22227, University Library of Munich, Germany.
  10. Lücke, Matthias & Rothert, Jacek, 2006. "Central Asia's comparative advantage in international trade," Kiel Economic Policy Papers 6, Kiel Institute for the World Economy (IfW).
  11. Libman, Alexander & Vinokurov, Evgeny, 2010. "Holding together regionalism and the interaction of functional bureaucracies," MPRA Paper 23217, University Library of Munich, Germany.
  12. Lorenz, Detlef, 1992. "Economic Geography and the Political Economy of Regionalization: The Example of Western Europe," American Economic Review, American Economic Association, American Economic Association, vol. 82(2), pages 84-87, May.
  13. Vinokurov, Evgeny, 2009. "The CIS Common Electric Power Market," MPRA Paper 20910, University Library of Munich, Germany.
  14. Michalopoulos, Constantine & Tarr, David, 1997. "The economics of customs unions in the Commonwealth of Independent States," Policy Research Working Paper Series 1786, The World Bank.
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Cited by:
  1. Boeing, Philipp & Mueller, Elisabeth & Sandner, Philipp, 2012. "What makes Chinese firms productive? Learning from indigenous and foreign sources of knowledge," Frankfurt School - Working Paper Series 196, Frankfurt School of Finance and Management.
  2. Vinokurov, Evgeny, 2010. "The Evolution of Kаzakhstan's Position on Relations with Russia in 1991-2010," MPRA Paper 22187, University Library of Munich, Germany.
  3. Harhoff, Dietmar, 2012. "What are the Channels for Technology Sourcing? Panel Data Evidence from German Companies," Discussion Papers in Business Administration, University of Munich, Munich School of Management 14327, University of Munich, Munich School of Management.
  4. Libman, Alexander & Kozlov, Vladimir & Schultz, André, 2012. "Roving bandits in action: Outside option and governmental predation in autocracies," Frankfurt School - Working Paper Series 190, Frankfurt School of Finance and Management.
  5. Rainer Schweickert & Inna Melnykovska & Hedwig Plamper, 2012. "External Drivers of Institutional Change in Central Asia – Regional Integration Schemes and the Role of Russia and China," Kiel Working Papers 1763, Kiel Institute for the World Economy.
  6. Inklaar, Robert & Koetter, Michael & Noth, Felix, 2012. "Who's afraid of big bad banks? Bank competition, SME, and industry growth," Frankfurt School - Working Paper Series 197, Frankfurt School of Finance and Management.
  7. Kostka, Genia & Moslener, Ulf & Andreas, Jan G., 2011. "Barriers to energy efficiency improvement: Empirical evidence from small-and-medium sized enterprises in China," Frankfurt School - Working Paper Series 178, Frankfurt School of Finance and Management.
  8. Böing, Philipp & Müller, Elisabeth, 2012. "Technological Capabilities of Chinese Enterprises: Who is Going to Compete Abroad?," Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62081, Verein für Socialpolitik / German Economic Association.
  9. Yu, Xiaofan, 2011. "A spatial interpretation of the persistency of China's provincial inequality," Frankfurt School - Working Paper Series 171, Frankfurt School of Finance and Management.

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