Abstract
In this chapter, the competitiveness of four Central Asian economies – Kazakhstan, the Kyrgyz Republic, Tajikistan and Mongolia – is analysed according to the World Economic Forum’s Global Competitiveness Index. Key conclusions are that all four economies share the competitive advantage of labour flexibility but suffer from underdeveloped financial markets, low levels of competition, inefficient infrastructure and fairly poor quality of education. It notes that recent efforts towards improving competitiveness have improved the positioning of Mongolia and the Kyrgyz Republic, while Kazakhstan and Tajikistan have lost ground.
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