CENTRAL ASIA: PORTRAIT AGAINST THE BACKGROUND OF THE WORLD ECONOMY
Abstract
After the breakup of the U.S.S.R. and the formation of five independent states in the part of its territory now called Central Asia,1 this region has assumed great importance not only in the system of international relations, but also in the world economy. The interest taken in Central Asia by the major powers is due in large part to economic factors: its vast area, diverse natural wealth, developed key branches of material production, and advantageous location in the path of transit of goods and services between Europe and the Far East and between North and South Asia.
In terms of many parameters of their natural resource and production potential, the republics of the region have a prominent place in the world economy. Unfortunately, information on this score contained in traditional and electronic publications is incomplete and insufficiently systematized, which limits people’s knowledge about Central Asia, lowers its investment attractiveness, and has a negative effect on the economic development of these countries. The purpose of this article is to furnish information about the potentialities of the Central Asian states in the world economy
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Geographically speaking, the name of this region is not flawless, because the northwestern part of Kazakhstan,which is included in Central Asia, is located not in Asia but in the far east of Europe (if we take into account the conven-tional boundary between them along the Ural River). How-ever, the current name of this region with the inclusion of five countries is generally accepted in world political, geo-graphical and country study literature.
See: Central Asia Human Development Report, UNDP, Bratislava, 2005, p. 10.
See: FAO Production Yearbook 2003, Rome, 2004, p. 15.
See: 2005 World Development Indicators, The World Bank, Washington, 2005, pp. 2146-2148.
See: Strengthening Cooperation for Rational and Efficient Use of Water and Energy Resources in Central Asia,U.N., New York, 2004, p. 81.
See: Biulleten’ inostrannoi kommercheskoi informatsii, VNIIKI, Moscow, No. 13, 2005, p. 31.
See: Central Asia Human Development Report, p. 96.
See: Der Fischer Weltalmanach 2004. Zahlen, Daten, Fakten, Frankfurt am Main, 2003, S. 1263.
See: Biulleten’ inostrannoi kommercheskoi informatsii, 2005, No. 60, p. 15; No. 77, p. 3.
See: Sodruzhestvo Nezamisimykh Gosudarstv v 2005 (Statistical Handbook), Moscow, 2005, p. 29.
Calculated from: Industrial Commodity Statistics 2002, United Nations, New York, 2004; FAO Production Year-book 2003; Biulleten’ inostrannoi kommercheskoi informatsii, 2005.
Calculated from: UNCTAD Handbook of Statistics 2004, U.N., New York and Geneva, 2004.
See: World Development Report 2006, The World Bank, Washington, 2005, pp. 294, 295.
See: Central Asia Human Development Report, Bratislava, 2005, pp. 1, 6.
See: Country Forecast Global Outlook, November 2005, EIU, p. 3.
See: Ekonomika Uzbekistana. Analiticheskii obzor, TsEEP, Tashkent, 2005, p. 2004.
See: Asian Development Outlook 2005, ADB, Manila, 2005, p. 303.
See: World Economic Situation and Prospects 2006, U.N., New York, 2006, pp. 129-130.
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