Central Asia and the "Dutch disease" paradigm
The notion of Central Asia being the "Dutch patient" is a term used to describe a region that has experienced economic challenges yet has shown signs of positive growth. Geographically, Central Asia is a region bordered by the Caspian Sea to the west, China to the east, Afghanistan to the south, and Russia to the north. Comprising five former Soviet republics—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan—the region's abundant natural resources and strategic geographic location, as well as its natural beauty and cultural heritage, rapidly transformed it into a major economic bloc by the first quarter of the 21st century.With a population of 82 million, Central Asia has become a dynamic market, attracting growing interest from Europe to Africa.
