Weathering Economic Storms in Central Asia Initial Impacts of the War in Ukraine

Download or read book Weathering Economic Storms in Central Asia Initial Impacts of the War in Ukraine written by OECD and published by OECD Publishing. This book was released on 2022-12-05 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Russia’s war against Ukraine and the international sanctions introduced against the former have had an unexpectedly mild impact on Central Asia, despite the region’s deep economic dependence on its northern neighbour. Notwithstanding high inflation, the five Central Asian states – Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan and Uzbekistan – have so far shown surprising resilience to the economic headwinds.