OECD Central Asia Initiative
Launched in November 2008, the OECD Central Asia Initiative (CAI) aims to render the region more competitive and attractive to foreign investment. The Initiative covers seven countries: Afghanistan, Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, Turkmenistan, and Uzbekistan. OECD and partner countries help to define the CAI work priorities and to identify new policy areas for OECD intervention. The CAI is an integral part of the OECD Eurasia Competitiveness Programme and is co-chaired by the EU and Kyrgyzstan.
Enhancing Competitiveness in Central Asia
Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, Turkmenistan and Uzbekistan have recorded impressive economic growth rates since 2000, driven mainly by the export of commodities and labour. However, the end of the commodity super-cycle and the economic slowdown that followed have highlighted the risks inherent in this reliance on minerals exports and remittances, as well as the challenges to be overcome to achieve more stable and inclusive growth.
The Central Asian countries have long recognised the importance of enhancing the competitiveness of their economies, diversifying the production structures and improving the resilience to external shocks. It will require ambitious reforms in the areas of governance, connectivity, and business environment. This new OECD publication focuses mostly on aspects of the business environment and reflects several years of work with Central Asian countries on access to finance, business internationalisation and skills development.