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The Revival of Regional Cooperation in Central Asia in the Perspective of Hungary’s Eastern Opening Policy

Author

Listed:
  • Barkanyi Peter

    (Doctoral School of Regional and Business Administration Sciences, Széchenyi István University, Hungary)

  • Vasa Laszlo

    (Hungarian Institute of International Affairs, Metropolitan University Budapest, Hungary)

Abstract

Subject and purpose of the work: This study explores the specifics of strengthening Central Asian regional cooperation and its potential opportunities according to Hungary’s Eastern Opening Policy. Materials and methods: A two-pronged approach was used to conduct this study, which included a comprehensive literature review of relevant academic publications on regional cooperation, as well as an examination of cooperation projects to identify specific characteristics. Results are explicated using descriptive methodology for the analysis. Results: Central Asian regional integration differs from the traditional model, emphasising the importance of historical factors and the strengthening of Turkish ethnic identity as a foundation for unification efforts. Conclusions: Foreign economic engagement in Central Asia requires a continuous and assertive presence, along with the development of mutual trust due to the region’s unique historical, cultural and geopolitical context. These tendencies and intentions have been recognised by Hungarian foreign strategy - in line with the Eastern Opening Policy - with good sense and at a good pace.

Suggested Citation

  • Barkanyi Peter & Vasa Laszlo, 2023. "The Revival of Regional Cooperation in Central Asia in the Perspective of Hungary’s Eastern Opening Policy," Economic and Regional Studies / Studia Ekonomiczne i Regionalne, Sciendo, vol. 16(2), pages 241-256, June.
    • Handle: RePEc:vrs:ecoreg:v:16:y:2023:i:2:p:241-256:n:3
    DOI: 10.2478/ers-2023-0016
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    More about this item

    Keywords

    regional cooperation; Central Asia; Eastern Opening Policy;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F15 - International Economics - - Trade - - - Economic Integration
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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