Foreign direct investment and development of external trade of Turkmenistan
Abstract
In 1992–2013 the amount of foreign direct investment into Turkmen economy in absolute and relative terms has been increased in 30–40 times respectively. The growth of investment and creation of new routes for sale of the natural gas has been resulted in the increase of export in 10 times. But the low level on external trade’s intensity and extensity and its weak diversification have increased the country’s export risk and stability of its trade balance and balance of payment.
Keywords
foreign direct investment, growth, absolute and relative dynamics, The World Bank, UNCTAD, export, import, conditions of trade, diversification
References
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