These reports present an important aspect of regional cooperation in Central Asia – trade. Many factors speak in favour of regional trade and cooperation, including (a) the communication, transport and energy infrastructure created by the former Soviet Union as an integrated national system;...

Eurasia is not the same as the post-Soviet space, and its borders cannot be regarded as fixed once and for all by the Soviet past. Whereas the post-Soviet space can indeed be the best region for integration in certain aspects, other options might envision a different combination of countries

The paper discusses the impact of the Customs Union of Belarus, Kazakhstan and Russia on trade flows in Central Asia from the point of view of trade creation and trade diversion. It finds that the growth of trade between the members of the Customs Union is mostly due to different exogenous...

The report “Eurasian Economic Integration – 2017” reflects the directions, events and decisions that determine the current vectors of integration processes in the Eurasian Economic Union. The authors offer fresh data and analytical insights with respect to: macroeconomic development;...

At the current stage of globalization, Central Asia (CA) is becoming a focal point for the political and economic interests of global forces because of its rich natural resources and critical strategic position. From this point of view, the CA countries need to form a joint development strategy...

Promotion of investment in sustainable energy has become one of the most important issues of energy economy in the recent decades. The paper aims to evaluate the green energy investment pattern in 10 CAREC economies from 2010 to 2021. To this end, the interactive fixed effect (IFE) estimator is...

The Caucasus and Central Asia (CCA) countries are at an important juncture in their economic transition. Following significant economic progress during the 2000s, recent external shocks have revealed the underlying vulnerabilities of the current growth model. Lower commodity prices, weaker...

The present study investigates the effect of regional and bilateral trade agreements supported by institutional framework on bilateral trade between India and selected South and Central Asian countries. The augmented gravity model that corrects for zero trade, endogeneity and heterogeneity is...