Central Asian states: On the way from autarchic dependence to regional andglobal interdependence

Authors
Citation
B. Islamov, Central Asian states: On the way from autarchic dependence to regional andglobal interdependence, HITO J ECON, 40(2), 1999, pp. 75-96
Citations number
13
Categorie Soggetti
Economics
Journal title
HITOTSUBASHI JOURNAL OF ECONOMICS
ISSN journal
0018280X → ACNP
Volume
40
Issue
2
Year of publication
1999
Pages
75 - 96
Database
ISI
SICI code
0018-280X(199912)40:2<75:CASOTW>2.0.ZU;2-F
Abstract
The paper undertakes the first attempt to re-calculate the main registered trade data of Central Asian states for the period 1991-1993. The aim is to achieve comparability of statistics on their total trade, as well as on tra de with the republics of the former Soviet Union (FSU) and the rest of the world. Official publications contain such data only since 1994. On the basi s of a restored time series for the 1991-1997, a more consistent evaluation of trends, dynamics and geography of Central Asian states' trade is made. Special emphasis is laid on problems and vulnerabilities (trade deficits, c ommodity structures and transit transport dependence), combined with impact s of external trade shocks that occurred in 1997-1998. In conclusion, the p aper argues that further diversification of foreign trade on a market basis through export promotion could be the best option to cure existing weaknes ses.