nep-cwa New Economics Papers
on Central and Western Asia
Issue of 2026–01–12
two papers chosen by
Thomas Krichel, Open Library Society


  1. Economic opportunities of China's Belt and Road Initiative (BRI) for Kyrgyz Republic's economy: A macroeconomic growth approach By Khan, Kashif Hasan; Bastanifar, Iman
  2. Iran's perceived geopolitical concerns regarding the implementation of article 9 of the Armenia-Azerbaijan Armistice Agreement (2020) By Omidi, Ali

  1. By: Khan, Kashif Hasan; Bastanifar, Iman
    Abstract: This study employs an economic growth model to assess the impact of the Belt and Road Initiative (BRI) on the economy of the Kyrgyz Republic. Using a time-series Ordinary Least Squares (OLS) approach within an econometric framework, the authors estimated the effects of gross capital formation, labor force, and the BRI-modeled as a dummy variable-over the period 1990 to 2023, using EViews software. The estimated output elasticities for labor, capital, and the BRI were 2.23, 0.008, and 0.22, respectively. These findings suggest that while labor exerts a substantial influence on economic growth, capital formation plays a comparatively minor role. The results also indicate a positive contribution of BRI-related projects to the country's GDP. Given the volatility associated with capital formation in Kyrgyzstan, the study recommends prioritizing labor-intensive BRI initiatives as more viable economic opportunities than capital-intensive ventures.
    Keywords: Economic Growth, BRI, Econometric, Kyrgyz Republic
    Date: 2025
    URL: https://d.repec.org/n?u=RePEc:zbw:opodis:333910
  2. By: Omidi, Ali
    Abstract: One of the significant geopolitical developments in the South Caucasus following the collapse of the Soviet Union was the conflict between the Republic of Azerbaijan and Armenia over the Karabakh issue, which resulted in two wars. The first Karabakh war, lasting from 1988 to 1994, ended with Azerbaijan's defeat. The second war, from September 27, 2020, to November 10, 2020, concluded with a ceasefire agreement brokered by Russia, with the cooperation of the Red Cross and other international organizations. Article 9 of the November 10, 2020, agreement stipulated the unblocking of all economic and transport communication axes of interest to the parties in the region. Armenia was obligated to ensure the unimpeded movement of citizens, vehicles, and goods in both directions and to guarantee the security of transport communications between the western regions of Azerbaijan and the Nakhchivan Autonomous Republic. The Russian Border Guard Service would oversee control of these transport communications. Iran is concerned that the creation of a corridor through Armenia's 40-kilometer Syunik (or Zangezur) border with Iran could eliminate the shared border between the two countries, potentially diminishing Iran's geopolitical importance regarding transport corridors and bring about new security concerns for Tehran. This article analyzes Iran's perceived geopolitical concerns regarding the implementation of Article 9 of the above-mentioned peace agreement.
    Keywords: Karabakh Crisis, Zangezur Corridor, Armenia-Azerbaijan Ceasefire Agreement of November 10, 2020, Iran
    Date: 2025
    URL: https://d.repec.org/n?u=RePEc:zbw:opodis:333909

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