Shifting Comparative Advantages : Implications for Growth Strategy
The future development of the Tajik economy will be shaped by its comparative advantage on world markets. Exploiting comparative advantage enables an economy to reap gains from trade. Tajikistan's most important comparative advantage is its hy...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/07/16490839/shifting-comparative-advantages-tajikistan-implications-growth-strategy http://hdl.handle.net/10986/11941 |
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okr-10986-11941 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO MARKET ACCESS TO MARKETS ACCESSIBILITY ADVERSE IMPACT AFFILIATE AGGLOMERATION ECONOMIES AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURE AIR AIR TRANSPORT AIR TRANSPORT SECTOR ARABLE LAND BORDER CROSSING BORDER MANAGEMENT BOTTLENECKS CARRIERS COAL COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITIVENESS CONSOLIDATION CONSUMERS DEBT DECREASING PRODUCTIVITY DEMAND FOR TRANSPORT DEMAND FOR TRANSPORT SERVICES DEMAND GROWTH DEVELOPMENT AGENCY DEVELOPMENT POLICY DIVISION OF LABOR DOMESTIC FLIGHTS DOMESTIC MARKET DOMESTIC TRAFFIC DRIVERS DRIVING ECONOMIC CONCENTRATION ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC STRUCTURE ECONOMIES OF SCALE EMPLOYMENT ENVIRONMENTS EXPENDITURE EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORTS EXTERNAL TRANSPORT EXTERNALITIES FINANCIAL SECTOR FREIGHT GDP GOVERNMENT REGULATION GOVERNMENT REGULATIONS GROWTH RATE HIGHWAY HIGHWAYS INCOME LEVELS INCREASING RETURNS INCREASING RETURNS TO SCALE INDUSTRIAL EXPANSION INDUSTRIALIZATION INEFFICIENCY INFRASTRUCTURES INSPECTION INTERMEDIATE GOODS INTERNATIONAL AIRPORTS INTERNATIONAL FLIGHTS INTERNATIONAL TRANSIT ITC JOURNEY LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LEVEL PLAYING FIELD LOCAL GOVERNMENT MARKET FORCES MARKET INFORMATION METALS MIGRATION MINISTRY OF TRANSPORT MODAL SPLIT MODE OF TRANSPORT MOTOR VEHICLES PASTURES PATENTS POLICE POTENTIAL INVESTORS PRODUCERS PRODUCTION FUNCTION PRODUCTIVE RESOURCES PROPERTY RIGHTS PUBLIC FINANCE RAIL RAIL CONNECTIONS RAIL LINES RAIL NETWORK RAIL NETWORKS REAL PRICES RESOURCE ALLOCATION RETAIL RETAIL TRADE RETURNS TO SCALE RISK MANAGEMENT ROAD ROAD CROSSING ROAD PROJECTS ROADS SAFETY SPREAD SUPPLY CHAINS SURPLUSES SUSTAINABLE GROWTH TAX TAX ADMINISTRATION TAX RATES TAXATION TECHNICAL ASSISTANCE TRADE LIBERALIZATION TRADE POLICY TRAFFIC TRAFFIC FLOW TRANSIT TRANSIT OPERATORS TRANSIT SERVICE TRANSIT SERVICES TRANSIT SYSTEM TRANSIT SYSTEMS TRANSIT VEHICLES TRANSPORT TRANSPORT COSTS TRANSPORT FACILITATION TRANSPORT INFRASTRUCTURE TRANSPORT MODES TRANSPORT OPERATIONS TRANSPORT SYSTEM TRANSPORTATION TRANSPORTATION COSTS TRANSPORTATION SERVICES TRAVEL TIME TRIP TRUCKS TUNNELS URBAN ROADS URBAN SERVICES URBAN TRANSPORT VALUATION WHOLESALE TRADE WORLD MARKETS |
| spellingShingle |
ACCESS TO MARKET ACCESS TO MARKETS ACCESSIBILITY ADVERSE IMPACT AFFILIATE AGGLOMERATION ECONOMIES AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURE AIR AIR TRANSPORT AIR TRANSPORT SECTOR ARABLE LAND BORDER CROSSING BORDER MANAGEMENT BOTTLENECKS CARRIERS COAL COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITIVENESS CONSOLIDATION CONSUMERS DEBT DECREASING PRODUCTIVITY DEMAND FOR TRANSPORT DEMAND FOR TRANSPORT SERVICES DEMAND GROWTH DEVELOPMENT AGENCY DEVELOPMENT POLICY DIVISION OF LABOR DOMESTIC FLIGHTS DOMESTIC MARKET DOMESTIC TRAFFIC DRIVERS DRIVING ECONOMIC CONCENTRATION ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC STRUCTURE ECONOMIES OF SCALE EMPLOYMENT ENVIRONMENTS EXPENDITURE EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORTS EXTERNAL TRANSPORT EXTERNALITIES FINANCIAL SECTOR FREIGHT GDP GOVERNMENT REGULATION GOVERNMENT REGULATIONS GROWTH RATE HIGHWAY HIGHWAYS INCOME LEVELS INCREASING RETURNS INCREASING RETURNS TO SCALE INDUSTRIAL EXPANSION INDUSTRIALIZATION INEFFICIENCY INFRASTRUCTURES INSPECTION INTERMEDIATE GOODS INTERNATIONAL AIRPORTS INTERNATIONAL FLIGHTS INTERNATIONAL TRANSIT ITC JOURNEY LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LEVEL PLAYING FIELD LOCAL GOVERNMENT MARKET FORCES MARKET INFORMATION METALS MIGRATION MINISTRY OF TRANSPORT MODAL SPLIT MODE OF TRANSPORT MOTOR VEHICLES PASTURES PATENTS POLICE POTENTIAL INVESTORS PRODUCERS PRODUCTION FUNCTION PRODUCTIVE RESOURCES PROPERTY RIGHTS PUBLIC FINANCE RAIL RAIL CONNECTIONS RAIL LINES RAIL NETWORK RAIL NETWORKS REAL PRICES RESOURCE ALLOCATION RETAIL RETAIL TRADE RETURNS TO SCALE RISK MANAGEMENT ROAD ROAD CROSSING ROAD PROJECTS ROADS SAFETY SPREAD SUPPLY CHAINS SURPLUSES SUSTAINABLE GROWTH TAX TAX ADMINISTRATION TAX RATES TAXATION TECHNICAL ASSISTANCE TRADE LIBERALIZATION TRADE POLICY TRAFFIC TRAFFIC FLOW TRANSIT TRANSIT OPERATORS TRANSIT SERVICE TRANSIT SERVICES TRANSIT SYSTEM TRANSIT SYSTEMS TRANSIT VEHICLES TRANSPORT TRANSPORT COSTS TRANSPORT FACILITATION TRANSPORT INFRASTRUCTURE TRANSPORT MODES TRANSPORT OPERATIONS TRANSPORT SYSTEM TRANSPORTATION TRANSPORTATION COSTS TRANSPORTATION SERVICES TRAVEL TIME TRIP TRUCKS TUNNELS URBAN ROADS URBAN SERVICES URBAN TRANSPORT VALUATION WHOLESALE TRADE WORLD MARKETS Coulibaly, Souleymane Shifting Comparative Advantages : Implications for Growth Strategy |
| geographic_facet |
Europe and Central Asia Tajikistan |
| relation |
Policy Research Working Paper; No. 6125 |
| description |
The future development of the Tajik
economy will be shaped by its comparative advantage on world
markets. Exploiting comparative advantage enables an economy
to reap gains from trade. Tajikistan's most important
comparative advantage is its hydropower potential, which is
far larger than the economy's domestic requirements.
Yet, high capital costs of building hydropower plants and
the unstable geopolitical situation in the transit region to
reach South Asian export markets are constraining the
realization of this potential. In the short term, the
sector, which provides the greatest opportunity for
Tajikistan to diversify its exports, appears to be
agro-industry and, to a lesser extent, clothing. For both
sectors, the main export market is likely to be the regional
market. Tajikistan also has a comparative advantage in labor
exports, which it has successfully exploited since the
mid-2000s. To harness the full potential for labor exports
will require improving the skills base of migrant workers
and, in particular, their command of the Russian language.
In the medium term, the paper argues that an export
diversification strategy should tap the agglomeration
economies generated by cities. More specifically,
establishing Tajikistan's two leading cities, Dushanbe
and Khujand, and their surroundings as enclave economies,
linked to each other and to major regional markets through
improved transport infrastructure so as to minimize
production and transportation costs. The two enclave
economies should provide the supporting services (finance,
logistics, transport and storage) for private sector
businesses. In the long term, regional cooperation on trade
and transport facilitation could be pursued to reduce
transport costs to attractive regional markets such as
China, India, Russia and Turkey. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Coulibaly, Souleymane |
| author_facet |
Coulibaly, Souleymane |
| author_sort |
Coulibaly, Souleymane |
| title |
Shifting Comparative Advantages : Implications for Growth Strategy |
| title_short |
Shifting Comparative Advantages : Implications for Growth Strategy |
| title_full |
Shifting Comparative Advantages : Implications for Growth Strategy |
| title_fullStr |
Shifting Comparative Advantages : Implications for Growth Strategy |
| title_full_unstemmed |
Shifting Comparative Advantages : Implications for Growth Strategy |
| title_sort |
shifting comparative advantages : implications for growth strategy |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2012/07/16490839/shifting-comparative-advantages-tajikistan-implications-growth-strategy http://hdl.handle.net/10986/11941 |
| _version_ |
1764418563043491840 |
| spelling |
okr-10986-119412021-04-23T14:02:58Z Shifting Comparative Advantages : Implications for Growth Strategy Coulibaly, Souleymane ACCESS TO MARKET ACCESS TO MARKETS ACCESSIBILITY ADVERSE IMPACT AFFILIATE AGGLOMERATION ECONOMIES AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURE AIR AIR TRANSPORT AIR TRANSPORT SECTOR ARABLE LAND BORDER CROSSING BORDER MANAGEMENT BOTTLENECKS CARRIERS COAL COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITIVENESS CONSOLIDATION CONSUMERS DEBT DECREASING PRODUCTIVITY DEMAND FOR TRANSPORT DEMAND FOR TRANSPORT SERVICES DEMAND GROWTH DEVELOPMENT AGENCY DEVELOPMENT POLICY DIVISION OF LABOR DOMESTIC FLIGHTS DOMESTIC MARKET DOMESTIC TRAFFIC DRIVERS DRIVING ECONOMIC CONCENTRATION ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC STRUCTURE ECONOMIES OF SCALE EMPLOYMENT ENVIRONMENTS EXPENDITURE EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORTS EXTERNAL TRANSPORT EXTERNALITIES FINANCIAL SECTOR FREIGHT GDP GOVERNMENT REGULATION GOVERNMENT REGULATIONS GROWTH RATE HIGHWAY HIGHWAYS INCOME LEVELS INCREASING RETURNS INCREASING RETURNS TO SCALE INDUSTRIAL EXPANSION INDUSTRIALIZATION INEFFICIENCY INFRASTRUCTURES INSPECTION INTERMEDIATE GOODS INTERNATIONAL AIRPORTS INTERNATIONAL FLIGHTS INTERNATIONAL TRANSIT ITC JOURNEY LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LEVEL PLAYING FIELD LOCAL GOVERNMENT MARKET FORCES MARKET INFORMATION METALS MIGRATION MINISTRY OF TRANSPORT MODAL SPLIT MODE OF TRANSPORT MOTOR VEHICLES PASTURES PATENTS POLICE POTENTIAL INVESTORS PRODUCERS PRODUCTION FUNCTION PRODUCTIVE RESOURCES PROPERTY RIGHTS PUBLIC FINANCE RAIL RAIL CONNECTIONS RAIL LINES RAIL NETWORK RAIL NETWORKS REAL PRICES RESOURCE ALLOCATION RETAIL RETAIL TRADE RETURNS TO SCALE RISK MANAGEMENT ROAD ROAD CROSSING ROAD PROJECTS ROADS SAFETY SPREAD SUPPLY CHAINS SURPLUSES SUSTAINABLE GROWTH TAX TAX ADMINISTRATION TAX RATES TAXATION TECHNICAL ASSISTANCE TRADE LIBERALIZATION TRADE POLICY TRAFFIC TRAFFIC FLOW TRANSIT TRANSIT OPERATORS TRANSIT SERVICE TRANSIT SERVICES TRANSIT SYSTEM TRANSIT SYSTEMS TRANSIT VEHICLES TRANSPORT TRANSPORT COSTS TRANSPORT FACILITATION TRANSPORT INFRASTRUCTURE TRANSPORT MODES TRANSPORT OPERATIONS TRANSPORT SYSTEM TRANSPORTATION TRANSPORTATION COSTS TRANSPORTATION SERVICES TRAVEL TIME TRIP TRUCKS TUNNELS URBAN ROADS URBAN SERVICES URBAN TRANSPORT VALUATION WHOLESALE TRADE WORLD MARKETS The future development of the Tajik economy will be shaped by its comparative advantage on world markets. Exploiting comparative advantage enables an economy to reap gains from trade. Tajikistan's most important comparative advantage is its hydropower potential, which is far larger than the economy's domestic requirements. Yet, high capital costs of building hydropower plants and the unstable geopolitical situation in the transit region to reach South Asian export markets are constraining the realization of this potential. In the short term, the sector, which provides the greatest opportunity for Tajikistan to diversify its exports, appears to be agro-industry and, to a lesser extent, clothing. For both sectors, the main export market is likely to be the regional market. Tajikistan also has a comparative advantage in labor exports, which it has successfully exploited since the mid-2000s. To harness the full potential for labor exports will require improving the skills base of migrant workers and, in particular, their command of the Russian language. In the medium term, the paper argues that an export diversification strategy should tap the agglomeration economies generated by cities. More specifically, establishing Tajikistan's two leading cities, Dushanbe and Khujand, and their surroundings as enclave economies, linked to each other and to major regional markets through improved transport infrastructure so as to minimize production and transportation costs. The two enclave economies should provide the supporting services (finance, logistics, transport and storage) for private sector businesses. In the long term, regional cooperation on trade and transport facilitation could be pursued to reduce transport costs to attractive regional markets such as China, India, Russia and Turkey. 2012-12-07T22:05:55Z 2012-12-07T22:05:55Z 2012-07 http://documents.worldbank.org/curated/en/2012/07/16490839/shifting-comparative-advantages-tajikistan-implications-growth-strategy http://hdl.handle.net/10986/11941 English en_US Policy Research Working Paper; No. 6125 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Tajikistan |