South Caucasus and Central Asia - The Belt and Road Initiative : Uzbekistan Country Case Study

Uzbekistan is a resource-rich country with a relatively young population of 33 million, the largest in Central Asia. It is also a geographic pivot for the region, bordering all other Central Asian countries and Afghanistan, with transit connections...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/688501593501612264/South-Caucasus-and-Central-Asia-The-Belt-and-Road-Initiative-Uzbekistan-Country-Case-Study
http://hdl.handle.net/10986/34121
id okr-10986-34121
recordtype oai_dc
spelling okr-10986-341212021-06-14T09:56:10Z South Caucasus and Central Asia - The Belt and Road Initiative : Uzbekistan Country Case Study World Bank BELT AND ROAD INITIATIVE TRANSPORT INFRASTRUCTURE TRADE LOGISTICS PUBLIC INVESTMENT Uzbekistan is a resource-rich country with a relatively young population of 33 million, the largest in Central Asia. It is also a geographic pivot for the region, bordering all other Central Asian countries and Afghanistan, with transit connections in all directions. As a double landlocked country, it is uniquely dependent on these cross-border transport connections and on how well they work. It can also potentially be the largest market in Central Asia and given its sizeable young labor force and substantial agricultural and manufacturing capacity, a major regional exporter. This note attempts to highlight the potential economic impact of BRI on the Tajik economy. It looks at how, if fully implemented globally, the BRI is expected to achieve better transport connections and greater economic integration of participating BRI countries, discusses improvements in Tajikistan’s cross-border transport, electricity and ICT infrastructure to-date, and assesses the potential impact of the completion of all BRI transport projects on Tajik shipment time. It further looks at the likely economic impact of BRI reductions in shipment time on exports, FDI and GDP, and the spatial distribution of benefits within the country and at how complementary polices can enhance the positive impact and mitigate risks. Finally, it examines the fiscal risk of Tajikistan’s scaling-up of investment in BRI transport projects in the coming years without undermining medium-term debt sustainability. 2020-07-15T21:07:24Z 2020-07-15T21:07:24Z 2020-06 Report http://documents.worldbank.org/curated/en/688501593501612264/South-Caucasus-and-Central-Asia-The-Belt-and-Road-Initiative-Uzbekistan-Country-Case-Study http://hdl.handle.net/10986/34121 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Infrastructure Study Europe and Central Asia China Uzbekistan
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic BELT AND ROAD INITIATIVE
TRANSPORT INFRASTRUCTURE
TRADE LOGISTICS
PUBLIC INVESTMENT
spellingShingle BELT AND ROAD INITIATIVE
TRANSPORT INFRASTRUCTURE
TRADE LOGISTICS
PUBLIC INVESTMENT
World Bank
South Caucasus and Central Asia - The Belt and Road Initiative : Uzbekistan Country Case Study
geographic_facet Europe and Central Asia
China
Uzbekistan
description Uzbekistan is a resource-rich country with a relatively young population of 33 million, the largest in Central Asia. It is also a geographic pivot for the region, bordering all other Central Asian countries and Afghanistan, with transit connections in all directions. As a double landlocked country, it is uniquely dependent on these cross-border transport connections and on how well they work. It can also potentially be the largest market in Central Asia and given its sizeable young labor force and substantial agricultural and manufacturing capacity, a major regional exporter. This note attempts to highlight the potential economic impact of BRI on the Tajik economy. It looks at how, if fully implemented globally, the BRI is expected to achieve better transport connections and greater economic integration of participating BRI countries, discusses improvements in Tajikistan’s cross-border transport, electricity and ICT infrastructure to-date, and assesses the potential impact of the completion of all BRI transport projects on Tajik shipment time. It further looks at the likely economic impact of BRI reductions in shipment time on exports, FDI and GDP, and the spatial distribution of benefits within the country and at how complementary polices can enhance the positive impact and mitigate risks. Finally, it examines the fiscal risk of Tajikistan’s scaling-up of investment in BRI transport projects in the coming years without undermining medium-term debt sustainability.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title South Caucasus and Central Asia - The Belt and Road Initiative : Uzbekistan Country Case Study
title_short South Caucasus and Central Asia - The Belt and Road Initiative : Uzbekistan Country Case Study
title_full South Caucasus and Central Asia - The Belt and Road Initiative : Uzbekistan Country Case Study
title_fullStr South Caucasus and Central Asia - The Belt and Road Initiative : Uzbekistan Country Case Study
title_full_unstemmed South Caucasus and Central Asia - The Belt and Road Initiative : Uzbekistan Country Case Study
title_sort south caucasus and central asia - the belt and road initiative : uzbekistan country case study
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/688501593501612264/South-Caucasus-and-Central-Asia-The-Belt-and-Road-Initiative-Uzbekistan-Country-Case-Study
http://hdl.handle.net/10986/34121
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