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Central Asian integration: doomed vision or promising future?

Central Asia has for centuries been seen as a neglected Russian “backyard,” but international interest in the region has increased over the last two decades because of its vast stores of energy and natural resources. To achieve a brighter future the region must pursue greater economic integration.

Sebastian Paust

Spread between the 1-year AAA and BBB+ corporate bond yields in PRC. View <a href="/sites/default/files/chaori-chart.png">chart</a> in full.

Chinese bond default – What does it mean for Asia's bond market development?

Last Friday, 7 March, 2014, Shanghai Chaori Solar Energy Science and Technology Co Ltd defaulted on its 1 billion yuan ’Chaori-11 bond‘ when it failed to pay in full the coupon due that day. The default should not have taken investors by surprise as the company has been struggling over the past few years due to general weakness in the solar panel market.

Thiam Hee Ng

Speakers discussed how closer cross-border ties can help countries in Central Asia and the South Caucasus overcome existing challenges, and take advantage of new opportunities.

Cross-border cooperation in CAREC – the next steps

The countries of Central Asia and the South Caucasus have seen a surge in growth and investor interest in recent years, but the region also faces formidable obstacles. A seminar looked at how closer cross-border ties can help overcome existing challenges, and take advantage of new opportunities.

ADB Blog Team

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