2692-2967ISSN (Online)
2770-0216ISSN (Print)
Volume 11 , Issue 1 , PP: 31-42, 2024 | Cite this article as | XML | Html | PDF | Full Length Article
Muhammad Eid Balbaa 1 * , Umidjon Dadabaev 2 , Dilafruz Akhmedova 3 , Mohinur Iskandarova 4
Doi: https://doi.org/10.54216/AJBOR.110104
This study investigates the intricate dynamics of fostering economic growth and global trade through digitalized international transport corridors (ITCs), focusing on the proposed China-Kyrgyzstan-Uzbekistan (CKU) railway project within the framework of the eTIR Convention. Employing a comprehensive mixed-methods approach, integrating quantitative data from official sources, the research delves into the transformative potential of the CKU railway in linking Central Asia to China and Europe, thereby amplifying Uzbekistan's economic growth and global trade. Despite the project's potential to bolster trade competitiveness, stimulate regional integration, and foster economic diversification, the analysis uncovers challenges such as geopolitical tensions, environmental impacts, and financial sustainability, which could impede seamless implementation and operation. Leveraging the ARDL (2,1) model, the study reveals a direct dependency between the GDP growth rate and income from China to Uzbekistan, suggesting a substantial linear relationship. However, caution is advised in drawing definitive policy or economic implications, as further nuanced analysis and contextual understanding are imperative. The paper concludes by offering nuanced policy recommendations to enhance the governance and management of ITCs in Uzbekistan, emphasizing the necessity for a holistic and adaptive approach to navigate the complexities of such transformative projects, especially within the digitalized landscape and the context of the eTIR Convention.
International Transport Corridors , Digitalization , Economic Growth , Global Trade , eTIR Convention , China-Kyrgyzstan-Uzbekistan Railway
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