Wow! eBook
Borderless Bazaars and Border Trade in Central Asia: Emerging Patterns of Trade and Cross-Border Cooperation
Author(s): Bartlomiej Kaminski (Author), Saumya Mitra (Author)
- Publisher: World Bank Publications
- Publication Date: 15 May 2012
- Edition: Illustrated
- Language: English
- Print length: 192 pages
- ISBN-10: 0821394711
- ISBN-13: 9780821394717
Book Description
Trade that straddles borders in Central Asia plays a vital role in the livelihoods of border communities and buttresses prosperity in often poor regions. By strengthening commercial ties, cultural understanding and deepening community relationships, border trade nurtures amicable relations between neighboring countries. This book examines the characteristics of trade intermediated by a network of bazaars in Central Asia and its significance for local economies. It uncovers the dynamic phenomenon of bazaars in propelling trade. Bazaars were invented in central Asia centuries ago; in their modern form, as highly flexible and low cost centers for trade, endowed with modern sophisticated logistics, bazaars provide a channel parallel to that of formal trade. Bazaars play major roles in regional and national chains of production and distribution with national networks strongly integrated and overlapping across Central Asian economies. They are the major agents for border trade, which fights poverty by cheapening products and by creating employment opportunities, especially for women.
