IMPACT OF ECONOMIC IDENTITY ON INTEGRATION PROCESSES IN CENTRAL ASIA: CHALLENGES AND PROSPECTS

2024

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DOI 10.52821/2789-4401-2024-4-172-185
Data confidence 70 medium
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Abstract

The purpose of this study is to examine the impact of economic identity on regional integration processes in Central Asia and to identify the key challenges and prospects associated with these processes. Methodology. To achieve the stated goal, we apply a comprehensive approach that includes quantitative and qualitative methods, as well as comparative analysis. Quantitative analysis is based on statistical data on the trade and economic indicators of Central Asian countries obtained from international and national sources. Qualitative analysis relies on political and economic documents related to integration processes in the region. Comparative analysis is used to identify common and specific aspects of the economic identity of the countries in the region and their impact on integration processes. The criteria for selecting the research approach include the relevance of the method for studying economic identity, the possibility of obtaining reliable and Originality/Value of the research. The originality/value of the study lies in a comprehensive approach to the study of economic identity and its impact on integration processes in Central Asia, which has not previously received sufficient coverage in the scientific literature. The value of the research is manifested in identifying the relationship between economic identity and regional integration, which can contribute to the development of more effective strategies aimed at deepening integration processes in the region. Research Results. The study shows the significant impact of economic identity on integration processes in Central Asia. It identifies the obstacles and opportunities for the development of regional integration, as well as key factors contributing to successful integration. Recommendations have been developed to optimize integration processes considering the economic identity of the countries in the region.