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Sergi, Bruno S; Popkova, Elena G; Vovchenko, Natalia; Ponomareva, Marina
Asia-Pacific Contemporary Finance and Development, 2019, Letnik: 26Book Chapter
Abstract This chapter elaborates on the perspectives of financial development of countries of Central Asia and China through cooperation with Russia. The authors determine financial resources for the development of the countries of Central Asia and China and figure out possible scenarios for attracting additional financial resources and conclude that financial resources have a decisive role in socioeconomic development. It is substantiated that the increase and expansion of cooperation with Russia are the preferable scenario for attracting additional financial resources. The authors recommend expanding cooperation with Russia within the implementation of the selected optimal scenario are given.
