scholarly journals Central Asian Regional Economic Cooperation Program as Driver of Regional Energy Projects to Promote Energy Security in the Post-Soviet Central Asia

2019 ◽  
Vol 6 (1) ◽  
pp. 53-64 ◽  
Author(s):  
F. S. Aminjonov

The resource-sharing mechanism, which ensured sufficiency and reliability of energy supplies within the Central Asian energy system (CAES) collapsed soon after the disintegration of the Soviet Union. Isolationist energy policies, both in terms of full self-reliance and self-control, without the establishment of self-sustaining independent energy systems, not only threatened security of energy supplies, but also, to a different extent, hampered the socio-economic development in Central Asia. In an attempt to mitigate the negative impact of the new energy policies, the Asian Development Bank (ADB) supported Central Asia Regional Economic Cooperation (CAREC) was introduced as one of the key programs to ensure sustainable access of the population and economies to energy. One of the top priority areas has been strengthening regional cooperative dynamics in the energy sector. Primarily focusing on regional cooperation CAREC attempts to solve the problem of uneven distribution and seasonal variation of energy production in the region, assuming that this would lead to better standards of life and economic growth. This article aims to analyze the extent of contribution of CAREC energy initiatives to improve energy security and promote energy–led economic growth in Central Asia through regional energy projects.

2021 ◽  
Vol 22 (2) ◽  
pp. 110-121
Author(s):  
Karlygash MUKHTAROVA ◽  
Yermukhambet KONUSPAYEV ◽  
Klara MAKASHEVA ◽  
Karim SHAKIROV

Improving the forms and mechanisms of regional economic integration, deepening the mutual understanding on the formation of an economically and politically secure integrated space, expanding trade and economic relations, elaborating joint actions to maintain regional peace and stability, creating a single information space are among the key areas that have become the basis of cooperation among the Central Asian region (CAR) states. The authors reveal the positive aspects of cooperation among the CAR countries—Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan, and Tajikistan. First and foremost, these include common historical roots, linguistic and cultural similarity, convenient geographical location and established economic ties, which allow the states of Central Asia (CA) to establish a deeper and more active understanding of each other, to solve economic and political problems related to finding and realizing domestic investment potential and expanding regional trade and economic ties. The joint establishment of international transport corridors and infrastructure will help reduce the transport costs for Central Asian countries that supply export products to external markets, which is an important area of ​​cooperation in Central Asia. In addition, the economic problems that exist among the regional countries largely determine the nature of relations between them. Future solution of problems determines the subsequent viability of the Central Asian Regional Economic Cooperation (CAREC) and the regional development prospects. Based on the use of economic research tools, the authors examine the problems caused by the COVID-19 pandemic and their impact on the state of trade and economic relations between the regional states. Post-crisis plans for economic recovery in the Central Asian countries will be developed and implemented in the context of the need to solve the present-day problems associated with the gradual lifting of quarantine measures. In this regard, the quickest possible transition of economies to an upward growth trajectory should launch the expansion of trade and economic cooperation and ties among the Central Asian countries. The authors emphasize the fact that another important problem within CAREC is the fact that CAR economies are dominated by raw materials, which does not solve the problems of reducing social inequality and improving the welfare of the regional population. For this reason, Kazakhstan, like other Central Asian countries, is currently in search of a new economic model. The transformation is crucial because the country needs to overcome its excessive long-term dependence on the export of oil and raw materials. The new economic model should be focused on further industrialization and diversification of the economy, on the search for new innovative approaches and development strategies.


2020 ◽  
pp. 72-79
Author(s):  
S. Gavrilova

For several decades, the European Union has been steadily increasing its presence in Central Asian countries. The EU's interests in the region are due to a number of reasons, including the desire to expand its influence in the Central Asian countries, the high importance of the region as a transit corridor between Europe and China, the prospects for economic cooperation, and the importance of the region's energy potential. In May 2019 The European Union has presented a new Strategy for Central Asia, designed to intensify cooperation in a number of areas of interaction. The new strategy is aimed at both implementing these interests and expanding cooperation in a number of other areas.


Author(s):  
Paulo Afonso Brardo Duarte

Central Asia has gained extraordinary importance in recent years in the framework of global energy security. China is the most significant example of a power that looks to its periphery as a viable option for energy supply. In Central Asia, Chinese companies are dynamic players having even broken the long Soviet and Russian monopoly over regional pipelines. This chapter examines the importance of the region within China's energy security, while not overlooking the potential contribution of the China-Pakistan economic corridor in the energy transit. In addition, Central Asia is likely to help China reduce the energy deficit in Xinjiang, through the import of hydroelectricity generated in Tajikistan and Kyrgyzstan. Although Central Asia's contribution to global energy security is low, it matters in a context of energy diversification, in which China's One Belt One Road brought a more promising dynamics to the cooperation between Beijing and Central Asian countries.


2008 ◽  
Vol 36 (1) ◽  
pp. 105-123 ◽  
Author(s):  
Sébastien Peyrouse

This paper is devoted to the Russian minorities living in Central Asia (nearly 10 million people in 1989, about 5.5 million today), and more specifically to the Russians living in Kazakhstan, who constitute the main Russian minority in the near abroad, apart from Ukraine. Unlike the Russians living in the other Central Asian republics, Russians in Kazakhstan created political parties. Kazakhstan even experienced some significant secessionist trends in the mid-1990s. Today, the political, social and economic situation of the Russian minority is rather different. Since about 2 million Russians have left the country, those who remain have tried to find their niche within the economic growth that Kazakhstan has experienced since the 2000s. The political parties and associations that represented the interests of the Russian minority have largely disappeared from the political scene. The “Russian question” no longer threatens to destabilize the territorial integrity of the country.


Subject Prospects for Central Asia in 2016. Significance In October, both the World Bank and the IMF downgraded Central Asia's economic growth outlook for 2016. The previous month, Kyrgyzstan and Tajikistan had signalled the rising influence of extremist organisations, first and foremost the Islamic State group (ISG) across the region. Central Asian regimes are faced with a multitude of risks, including political destabilisation.


Politics ◽  
2007 ◽  
Vol 27 (3) ◽  
pp. 147-155 ◽  
Author(s):  
Marc Lanteigne

China has made significant strides in developing energy diplomacy in the former Soviet states of Central Asia in the name of diversifying its trading partners. However, the case of Turkmenistan, currently undergoing a complicated leadership transition, provides evidence of China's potential limitations in engaging Central Asia in the hopes of securing nearby sources of oil and gas. The ongoing problems of post-Soviet governance in Ashgabat and increasing competition for Turkmen natural gas suggest that Beijing may have to better define its economic interests there and allow for increased regional co-operation building to better manage its Central Asian energy trade.


2021 ◽  
Vol Volume II (December 2021) ◽  
pp. 16-29
Author(s):  
Mihretab G. Ghebrezgabher ◽  
Temesghen E. Sereke

Assessment the trend of regional economic development is significant to address the economic situation and developmental policy. This study assesses the regional economic development in Central Asia since 1992. Several developmental indicators were applied. The results demonstrated that the regional economy was gradually growing. Relatively, Kazakhstan, Uzbekistan and Turkmenistan enjoyed a rapid economic growth. Production of oil increased in Kazakhstan as exporting rose to China whereas declined in Uzbekistan – shifted to natural gas. Central Asia is moving gradually toward industrial and trade economic sector. Nevertheless, enormous natural resources were exported from Central Asia to China and Russia, and strong economic relationship was established with Europe, India and Algeria. Therefore, this research is significant for general understanding in economic growth of Central Asia, and it may be helpful for further studies.


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