Is it really different? Patterns of regionalisation in the post-Soviet Central Asia
AbstractWhile the regional economic integration encompassing the former Soviet Union (FSU) transpires to be inefficient, there appears to be a stronger interest in regionalism in smaller groups of more homogenous and geographically connected countries of the region, specifically, Central Asia. Using a new dataset, we find 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 strongly correlates to that of the CIS in general. 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 centre for regional integration, which can bear some potential for regionalism in Central Asia, and that there is an increasing trend towards greater economic interconnections with China in Central Asia. --
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Bibliographic InfoPaper provided by Frankfurt School of Finance and Management in its series Frankfurt School - Working Paper Series with number 155.
Date of creation: 2010
Date of revision:
regionalisation; economic integration; post-Soviet space; Central Asia;
Other versions of this item:
- Libman, Alexander & Vinokurov, Evgeny, 2010. "Is it really different? Patterns of regionalization in the post-Soviet Central Asia," MPRA Paper 21062, University Library of Munich, Germany.
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F15 - International Economics - - Trade - - - Economic Integration
- F55 - International Economics - - International Relations and International Political Economy - - - International Institutional Arrangements
- P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-01-30 (All new papers)
- NEP-CIS-2011-01-30 (Confederation of Independent States)
- NEP-CWA-2011-01-30 (Central & Western Asia)
- NEP-DEV-2011-01-30 (Development)
- NEP-TRA-2011-01-30 (Transition Economics)
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