IDEAS home Printed from https://ideas.repec.org/p/ris/kiepwe/2023_044.html
   My bibliography  Save this paper

Central Asia’s Trade Strategies and Korea-Central Asia Cooperation Plans

Author

Listed:
  • Jeong, Minhyeon

    (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP))

  • Jeong, Dongyeon

    (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP))

  • Min, Jiyoung

    (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP))

  • Kang, Boogyun

    (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP))

Abstract

The purpose of this research is to derive the future directions of the cooperation between Korea and Central Asia under the global uncertainty that is deepening with the competition and confrontation of major powers that cannot be easily resolved, and as the strategic value of economic security increases. In the situation where the sanctions against the Russian economy are expected to be prolonged, the geographical value of Central Asia, which connects Russia and Europe, becomes more prominent. In addition, given the rich natural resources and relatively young population structure of Central Asia, expanding cooperation with Central Asia has even more significant implications. In this study, we classified the five Central Asian countries into three middle-income countries (Kazakhstan, Uzbekistan, Turkmenistan) and two low-income countries (Kyrgyzstan, Tajikistan) based on the similarities and differences revealed in the structural characteristics of each country's economy and the level of development. According to this classification, we analyzed the direction of cooperation in the digital, climate change, and health and medical sectors, which are currently in high demand for cooperation.

Suggested Citation

  • Jeong, Minhyeon & Jeong, Dongyeon & Min, Jiyoung & Kang, Boogyun, 2023. "Central Asia’s Trade Strategies and Korea-Central Asia Cooperation Plans," World Economy Brief 23-44, Korea Institute for International Economic Policy.
  • Handle: RePEc:ris:kiepwe:2023_044
    as

    Download full text from publisher

    File URL: https://www.kiep.go.kr/gallery.es?mid=a10105040000&bid=0007&act=view&list_no=11093&cg_code=
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Korea-Central Asia cooperation; supply chain; digital transformation; climate change; health and medical;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:kiepwe:2023_044. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Geun Hye Son (email available below). General contact details of provider: https://edirc.repec.org/data/kieppkr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.