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Central Asia: colonial ties, economic performance & trade costs

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posted on 15.10.2015, 12:45 by Arman Mazhikeyev
This thesis comprises a three papers. The chapters stand on their own. Each paper-chapter analyses a specific issue and contains introduction, theoretical framework, methods of analyses, results and findings. Each of the chapters offers new empirical, methodological and modelling contributions with new empirical evidence and findings, with new extensions and specifications for the gravity based and CGE based analytical tools. The thesis reflects my analysis of regional and international trade of Central Asia by analyzing the past economic ties of the CA with former Big Brother , Russia; the present heterogeneity of socio-economic environment of CA countries; and the future development of CA trade relations with the formation of the Eurasian (Re)Union. The Introductory Chapter binds together the other chapters by discussing the general background of the Central Asian institutional formation, transition and trade relations; the research motivations and methodology employed in this thesis. Afterwards come three substantive chapters. In the first chapter, the analysis of enhancing economic relations between Russia and CA in the post-Soviet period contradicts the post-colonial trade erosion theory. In the second chapter, how the open or isolationist policies followed by Central Asian countries affect the performance of local firms and MNEs, and linked to the economic performances of the countries, is investigated. In the third chapter, the impact of deeper Eurasian regional economic integration is assessed quantitatively in the context of asymmetry between the union members and the EU deeper integration project. The final chapter discusses the limitations and possible directions for future research.


Faculty of Economics of Loughborough University



  • Business and Economics


  • Economics


© Arman Mazhikeyev

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A Doctoral Thesis. Submitted in partial fulfilment of the requirements for the award of Doctor of Philosophy of Loughborough University.