Problems and opportunities for integration of the Central Asian countries
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Date
2018
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Ivane Javakhishvili Tbilisi State University Press
Abstract
Economic globalization, as the leading trend in the development of the world economy, is manifested in the unification of the world economy by the creation of common economic spaces, integration associations, and regional unions. One of the clearest manifestations of economic globalization is the level of openness of economies, which significantly affects the possibilities of economic growth. This article discusses the main problems and prospects for integration of the central Asian countries. From the analysis of the impact of world financial crises on the countries of Central Asia with transition economies, it can be concluded that the degree of integration of economies is the reciprocal of resistance from external influences. This factor, in all likelihood, turned out to be decisive in addressing
issues of economic integration.
Description
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Keywords
Economic globalization, economic integration, Central Asian countries, Economic Politics
Citation
III International Scientific Conference: "Challenges of Globalization in Economics and Business", Tbilisi, 2018, pp. 221-224