The Eurasian Connection : Supply-Chain Efficiency along the Modern Silk Route through Central Asia

Central Asia is often associated with the silk route or road, the longest overland trade route connecting China to Europe and one of the oldest in history. Growth opportunities and the future prosperity of the region are highly dependent upon the e...

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Bibliographic Details
Main Authors: Rastogi, Cordula, Arvis, Jean-Francois
Language:English
en_US
Published: Washington, DC: World Bank 2014
Subjects:
AIM
AIR
CAR
GDP
LAN
Online Access:http://documents.worldbank.org/curated/en/2014/06/19705552/eurasian-connection-supply-chain-efficiency-along-modern-silk-route-through-central-asia
http://hdl.handle.net/10986/18779
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Summary:Central Asia is often associated with the silk route or road, the longest overland trade route connecting China to Europe and one of the oldest in history. Growth opportunities and the future prosperity of the region are highly dependent upon the efficiency of its internal and external supply-chain connections, which is the focus of this report. Supply-chain connectivity depends on the quality of the infrastructure on specific routes. This study explains how supply chain fragmentation remains a serious obstacle to economic development of Central Asia and to Eurasian integration more generally. It provides a comprehensive assessment of the various factors that yet impede supply-chain integration, including weak transport and communications infrastructure, but as important, and perhaps more so, critical weaknesses in policy, institutions, and governance. Based on this assessment this report provides an insightful set of recommendations that, if taken up by the governments of Central Asia and by their key neighbors, will go a long way in promoting the effective integration of Central Asia into an increasingly connected Eurasian continental economy and with that into the global economy.