Challenges, policy options, and the way forward: economic diversification in selected Asian landlocked developing countries (Bhutan, Kazakhstan, Mongolia, and Turkmenistan)

Author:   United Nations Conference on Trade and Development
Publisher:   United Nations
ISBN:  

9789211129748


Pages:   108
Publication Date:   30 July 2020
Format:   Paperback
Availability:   In Print   Availability explained
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Challenges, policy options, and the way forward: economic diversification in selected Asian landlocked developing countries (Bhutan, Kazakhstan, Mongolia, and Turkmenistan)


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The study examines the trade and development challenges facing Asian Landlocked Developing Countries and their prospects for export diversification. It offers recommendations based on the case studies of the selected countries. The report argues that, despite complex trade and development challenges, the countries studied have significant potential to diversify their economies into the production and export of higher-value-added products in several sectors. These include agriculture (including agro-processing), light manufacturing (such as textiles, leather, and leather products), information and communications technology, tourism, and the construction sectors. Using the product-space approach, the report also identifies specific products that hold potential for export expansion and diversification in each country. For instance, agriculture and, to a lesser extent, manufacturing, are promising sectors for diversification, including niche products such as mandarin oranges (Bhutan), cashmere (Mongolia), silk (Turkmenistan), and cereal (Kazakhstan). The rich cultural heritage and varied geography of these countries are also conducive to tourism. In addition, there can be synergies between tourism and improvements in the quality of some local food and manufacturing products. However, a number of improvements in micro- and macro-economic policies and institutions are necessary to realize this potential.

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Author:   United Nations Conference on Trade and Development
Publisher:   United Nations
Imprint:   United Nations
ISBN:  

9789211129748


ISBN 10:   9211129745
Pages:   108
Publication Date:   30 July 2020
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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United Nations Publications is the official publisher for the UN and it produces over 400 titles each year. The range of subjects covered are as varied as the issues being tackled by the UN as it works for a better world for all. Since the first printing of the UN Charter, this publishing unit has been providing valued information to those in government, academia and business

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