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American Journal of Business and Operations Research
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Title

Fostering Economic Growth and Global Trade through Digitalized International Transport Corridors: Examining the Role of the eTIR Convention in the Proposed China-Kyrgyzstan-Uzbekistan Railways for Uzbekistan's Development

  Muhammad Eid Balbaa 1 * ,   Umidjon Dadabaev 2 ,   Dilafruz Akhmedova 3 ,   Mohinur Iskandarova 4

1  Tashkent State University of Economics, Uzbekistan
    (m.balbaa@tsue.uz)

2  Tashkent State University of Economics, Uzbekistan
    (u.dadabayev@tsue.uz)

3  Tashkent State University of Economics, Uzbekistan
    (dilyakruz@mail.ru)

4  Tashkent State University of Economics, Uzbekistan
    (abduvoxobovamohinur@gmail.com)

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Doi   :   https://doi.org/10.54216/AJBOR.110104

Received: June 11, 2023 Revised: September 09, 2023 Accepted: December 07, 2023

Abstract :

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.

Keywords :

International Transport Corridors; Digitalization; Economic Growth; Global Trade; eTIR Convention; China-Kyrgyzstan-Uzbekistan Railway

References :

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[8] Ijaz Uddin, Maaz Ahmad, Dilshod Ismailov, Muhammad Eid Balbaa, Akbarali Akhmedov, Sarvar Khasanov, Manzoor Ul Haq (2023), Enhancing institutional quality to boost economic development in developing nations: New insights from CS-ARDL approach. Research in Globalization. Vol. 7, https://doi.org/10.1016/j.resglo.2023.100137.

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[14] Muhammad Eid Balbaa, Astanakulov O. Tashtemirovich. (2023). Fusion-Based Econometric Analysis: Assessing Investment Project Efficacy and Business Decision Making. Fusion: Practice and Applications, 13 (2), 145-155. https://doi.org/10.54216/FPA.130213

[15] Naz, Shakela et al. (2022). “China-Pakistani Economic Corridor Project Bring the International Trade, Healthcare, Self-Efficacy, and Social Performance Facility to Gilgit City, Pakistan.” Heliyon 8(9): e10523.

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Cite this Article as :
Style #
MLA Muhammad Eid Balbaa, Umidjon Dadabaev, Dilafruz Akhmedova, Mohinur Iskandarova. "Fostering Economic Growth and Global Trade through Digitalized International Transport Corridors: Examining the Role of the eTIR Convention in the Proposed China-Kyrgyzstan-Uzbekistan Railways for Uzbekistan's Development." American Journal of Business and Operations Research, Vol. 11, No. 1, 2024 ,PP. 31-42 (Doi   :  https://doi.org/10.54216/AJBOR.110104)
APA Muhammad Eid Balbaa, Umidjon Dadabaev, Dilafruz Akhmedova, Mohinur Iskandarova. (2024). Fostering Economic Growth and Global Trade through Digitalized International Transport Corridors: Examining the Role of the eTIR Convention in the Proposed China-Kyrgyzstan-Uzbekistan Railways for Uzbekistan's Development. Journal of American Journal of Business and Operations Research, 11 ( 1 ), 31-42 (Doi   :  https://doi.org/10.54216/AJBOR.110104)
Chicago Muhammad Eid Balbaa, Umidjon Dadabaev, Dilafruz Akhmedova, Mohinur Iskandarova. "Fostering Economic Growth and Global Trade through Digitalized International Transport Corridors: Examining the Role of the eTIR Convention in the Proposed China-Kyrgyzstan-Uzbekistan Railways for Uzbekistan's Development." Journal of American Journal of Business and Operations Research, 11 no. 1 (2024): 31-42 (Doi   :  https://doi.org/10.54216/AJBOR.110104)
Harvard Muhammad Eid Balbaa, Umidjon Dadabaev, Dilafruz Akhmedova, Mohinur Iskandarova. (2024). Fostering Economic Growth and Global Trade through Digitalized International Transport Corridors: Examining the Role of the eTIR Convention in the Proposed China-Kyrgyzstan-Uzbekistan Railways for Uzbekistan's Development. Journal of American Journal of Business and Operations Research, 11 ( 1 ), 31-42 (Doi   :  https://doi.org/10.54216/AJBOR.110104)
Vancouver Muhammad Eid Balbaa, Umidjon Dadabaev, Dilafruz Akhmedova, Mohinur Iskandarova. Fostering Economic Growth and Global Trade through Digitalized International Transport Corridors: Examining the Role of the eTIR Convention in the Proposed China-Kyrgyzstan-Uzbekistan Railways for Uzbekistan's Development. Journal of American Journal of Business and Operations Research, (2024); 11 ( 1 ): 31-42 (Doi   :  https://doi.org/10.54216/AJBOR.110104)
IEEE Muhammad Eid Balbaa, Umidjon Dadabaev, Dilafruz Akhmedova, Mohinur Iskandarova, Fostering Economic Growth and Global Trade through Digitalized International Transport Corridors: Examining the Role of the eTIR Convention in the Proposed China-Kyrgyzstan-Uzbekistan Railways for Uzbekistan's Development, Journal of American Journal of Business and Operations Research, Vol. 11 , No. 1 , (2024) : 31-42 (Doi   :  https://doi.org/10.54216/AJBOR.110104)
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