Economic Cooperation in the Wider Central Asia Region by William Byrd, Martin Raiser, Anton Dobronogov, Alexander

By William Byrd, Martin Raiser, Anton Dobronogov, Alexander Kitain

This paper explores how one can unencumber the possibility of nearby improvement and fiscal cooperation within the wider significant Asia zone. It argues that knowing serious clusters of interrelated matters, and explicitly bearing in mind geopolitical and political economic system issues, are key during this regard. local international locations and different stakeholders should still specialise in a number of components the place there are actual customers for achievement within the brief run; a mix of modest—win-win—initiatives and in a few cases—bold strokes—that increase and alter the distribution of advantages and for that reason make cooperation likely to convey growth.

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4 ... - - - - - 7403 - - 3381 1129 - ... ... 1 6683 4423 ... 852 Belarus - Georgia 389 Kazakhstan - Kyrgyz Rep - Moldova - Russia 238 Tajikistan - - - - - - - - - - - - 7403 - - - 1258 - - 1800 - 323 - 1511 - 798 - 2272 - 54 918 ... ... ... ... 5 - - Source: CIS Statistics; Afghanistan figures are estimates from DABM for 2003/04. - ... 852 ... - Turkmenistan - - - ...

Nearby as well as more distant countries (including the G-8 members that participated in the Kabul Conference) can play a very important supporting and enabling role. 13 The informal part of the private sector can be a source of entrepreneurship, dynamism, and formal sector development if the business climate is improved. The potential importance of regional organizations has been emphasized earlier in this paper. Multilateral institutions also have been working to help advance the regional development and economic cooperation agenda, and stand ready to continue to do so.

Such solutions ultimately would attract donor funding. It is hoped that all regional countries will recognize the benefits of greater regional cooperation and—through short-term measures along the lines suggested—progressively build the trust and momentum that will make such bypass solutions unnecessary. This paper has focused on initiatives that governments of regional countries could take to find ways forward in regional economic cooperation (individually, in subgroups, or at the wider regional level).

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