International Conference on Eurasian Economies
24-25 August 2021 – Istanbul, TURKEY and ONLINE
Paper properties
Paper ID : 2562
Status : Paper submitted to journal
Language : Russian
Topic : Growth and Development
Presenter: Asst. Prof. Dr. Asel Dzhailova
Session : 5C Региональное развитие
Economy of Kyrgyzstan in the Integration Strategy of the Silk Road Revival
Экономика Кыргызстан В Интеграционной Стратегии Возрождения Шелкового Пути
- Asst. Prof. Dr. Asel Dzhailova (National Institute for Strategic Studies, Kyrgyzstan)
- Prof. Dr. Arzybek Kozhoshev (State Service for Regulation and Supervision of the Financial Market, Kyrgyzstan)
Abstract
The main directions and mechanisms of the dynamic development of the economy of Kyrgyzstan in the context of deepening integration are considered. An assessment of the current level of trade, economic and investment cooperation between Kyrgyzstan and the People's Republic of China is presented. Identified positive and negative trends in bilateral cooperation in the implementation of large infrastructure projects. The prerequisites, the need and the effectiveness of the integration of the national economy in the implementation of the Chinese strategy for the revival of the Silk Road have been substantiated. Measures have been outlined to ensure a balance in the foreign trade turnover of Kyrgyzstan with the PRC and to increase the country's export potential. The directions of expanding mutually beneficial economic cooperation in the field of production and processing of agricultural products have been substantiated. Measures are proposed to strengthen mutually beneficial economic cooperation in the development of hydropower resources of Kyrgyzstan, the implementation of transport and transit projects, and the construction of international logistics centers.
JEL codes: F15
Session 5C: Региональное развитие
