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Research of the interrelation and interdependence of Central Asian economies: impact of the economy of Kazakhstan

https://doi.org/10.46914/1562-2959-2023-1-3-107-120

Abstract

This article is devoted to the study of the interconnection and interdependence of the economies of Central Asia (Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, Turkmenistan), which plays an increasingly significant role in the global economy, based on its strategic location, natural resources and growing economic potential. Studying the influence of the Central Asian economies on each other helps to understand the complex web of economic ties in the region and has practical implications for solving economic problems and stimulating sustainable development in the region. The purpose of the study is to identify and assess the degree of interconnection and interdependence between the macroeconomic indicators of the countries of the region and their impact on the economic development of Kazakhstan. The assessment is carried out by the method of correlation and regression analysis based on data on the GDP of the countries of the region. The article was prepared within the framework of the grant funding project of the Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan «The role of Kazakhstan in deepening regional integration of CA countries and its sustainable development goals within modern global trends» (BR18574168).

About the Authors

M. M. Abaidullayeva
Turan University
Kazakhstan

PhD, associate professor.

Almaty



A. A. Arupov
Institute of world economy and international relations
Kazakhstan

d.e.s., professor.

Almaty



A. A. Arupova
Institute of world economy and international relations
Kazakhstan

m.e.s., junior researcher.

Almaty



N. R. Arupova
Moscow state institute of international relations of the MFA of the RF
Russian Federation

c.l.s., associate professor.

Moscow



References

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Review

For citations:


Abaidullayeva M.M., Arupov A.A., Arupova A.A., Arupova N.R. Research of the interrelation and interdependence of Central Asian economies: impact of the economy of Kazakhstan. Bulletin of "Turan" University. 2023;(3):107-120. https://doi.org/10.46914/1562-2959-2023-1-3-107-120

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ISSN 1562-2959 (Print)
ISSN 2959-1236 (Online)