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Submit a Manuscript to the Journal
Eastern European Economics

For a Special Issue on
Great Silk Road: Contemporary Opportunities and Challenges for the Eurasian Countries

Manuscript deadline
15 August 2023

Cover image - Eastern European Economics

Special Issue Editor(s)

Khurshid Djalilov, Bournemouth University Business School, Bournemouth University, UK
[email protected]

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Great Silk Road: Contemporary Opportunities and Challenges for the Eurasian Countries

Background

The ancient Great Silk Road was a great Eurasian trade route starting from the 2nd century BCE to the 15th century CE. Nevertheless, international trade has shifted from the surface to the sea and air due to the technological development and significant declines in transportation costs. In 2013, however, the Chinese government launched the Belt and Road initiative to promote the connectivity between East and West providing important growth opportunities and challenges for the countries along the Great Silk Road.

Connecting Far East, Middle East and Europe, the Great Silk Road significantly contributed to the overall development of the Eurasian countries through the diffusion of knowledge, culture and technology. However, the Eurasian countries have undergone significant political and economic reforms over the last three decades. Specifically, the countries of the Central Asia and former Soviet Union (FSU), have transformed from a planned to a market economy. Despite calls for scholarly attention to institutionally constrained economies, research studies exploring the countries of the FSU (the Central Asian countries specifically) have been relatively limited.

The Institutional Difference Hypothesis (IDH) advocates that the institutions that support the efficient functioning of markets are still underdeveloped in emerging markets compared to those in advanced countries (Julian & Ofori-dankwa, 2013). Although the World Bank, IMF and the EBRD have extensively supported the Eurasian  and FSU countries in reforming their economic and financial sectors, the institutional settings in the countries of Central Asia and FSU are still young and underdeveloped (Hartwell, 2015).

On the other hand, substantial foreign direct investment inflows have significantly contributed to the economic and business development via the transfer of international best practices. Thus, the differences in political, economic and institutional development create unique conditions influencing business activities and strategies in these countries (Scott, 1995; Guillen, 2000). As the conditions that related to the FSU and the Eurasia are not observable elsewhere, the results obtained previously may not apply to these countries (Djalilov and Hartwell, 2022). Therefore, research studies addressing the contemporary challenges and opportunities of the Eurasian and FSU countries will provide new scientific evidence. Moreover, COVID-19 as well as the political instability in the neighbouring Afghanistan and Eastern Europe provides substantial challenges for the development of Eurasian countries. This additionally highlights the importance of research studies addressing the the Eurasian and FSU countries.

Aims/Scope

This Special Issue aims to focus on a broad topic addressing the recent advances in emerging markets and transition economics of the Eurasia and the FSU. Furthermore, most of the research studies of transition economies mainly explore the Eastern and Central European transition countries. This is a huge omission given that the Eurasian and the FSU transition countries are significantly different. To fill in the existing research gap, therefore, this Special Issue may consider, but not limited to, interdisciplinary research on the topics indicated below:

Economic growth Political economy International trade and investments
Strategic management Business environment Corporate governance
Banking Financial markets International finance
Financial economics Risk management and analysis Mathematical methods in economics and finance
Financial technology (Fintech) and innovation Sustainable and environmental finance, corporate social responsibility Entrepreneurship and marketing
Corporate finance Digitisation Governance

 

This Special Issue welcomes the submission of theoretical-empirical research advancing the areas stated above and any other areas related to the overall development of the Eurasian and FSU countries, even if not explicitly stated. It particularly welcomes studies with novel theoretical and empirical contributions. Although submissions to the Special Issue are open to public, priority will be given to the papers presented at the International Conference “Great Silk Road: Opportunities and Challenges” Tashkent, Uzbekistan, July 5-6, 2023.

Submission Instructions

Submitted papers must be in accordance with the requirements of the journal of Eastern European Economics (EEE). Original manuscripts are due by the Submission Deadline of August 15, 2023 and must be submitted using the EEE Submission Portal. Authors should indicate that they would like the submission to be considered for the Special Issue “Great Silk Road: Contemporary Opportunities and Challenges for the Eurasian Countries”. Authors should refer to the journal of Eastern European Economics website for instructions on submitting a paper and for more information about the journal:

https://www.tandfonline.com/journals/meee20

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