There is increasing policy and academic interest in the economic connections between Central Asia and major economic centers. These have increased over the years, driven by economic growth, falling trade barriers, improvements to infrastructure and logistics, and production networks. The progress of integration between Central Asia and major economic centers seems likely to accelerate in coming years and has the potential to contribute to inclusive and equitable growth in Asia and the Pacific.
This report by the Asian Development Bank Institute offers a macroeconomic overview of Central Asia from 1990 to the present; examines trade ties between Central Asia and economic centers; analyzes foreign direct investment links; examines finance, infrastructure, migration, institutions, and other linkages; and provides key policy recommendations for Central Asia’s regional and global economic connectivity.
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