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Abstract
Background
The main goal of the paper is to define, analyze and assess the basic security, development and institutional challenges faced by the Central Asian countries after 2022. Following the COVID-19 pandemic, and with the outbreak of the Ukrainian crisis, Europe faced problems in ensuring energy security, which were further complicated by its decision to stop importing natural gas from the Russian Federation. The Central Asian region is rich in energy resources, but at the same time, it is also a region of special geopolitical interest of often-conflicting parties, characterized by limited information and insufficient academic literature about development, various aspects of security, internal specificities and future challenges.
Methods
The research included qualitative and quantitative analyses carried out for Kazakhstan, the Kyrgyz Republic, Turkmenistan, Uzbekistan, Tajikistan and Germany. Data processing was performed based on 16 selected indicators in the fields of economy, energy, governance and climate change, for the time period 2011 to 2021. Data processing was performed using correlation and regression analysis (ANOVA).
Results
The results showed that corruption represents one of the biggest problems faced by the countries of Central Asia, with the biggest variations in the calculated Standardized Confidence level, which shows that this indicator trend, in relation to the 16 indicators used, is the least predictable. This represents a significant problem for all countries that are supplied with energy products from this region, or plan to do so. Energy security is positive only in the case of Turkmenistan. Regression analysis shows that Kazakhstan reported the best positive trend for most indicators. Data for Germany show consistent values over the observed period.
Conclusions
The main conclusions of the paper indicate that the countries of Central Asia have certain specificities when it comes to sustainable development, where energy security, corruption and government efficiency can be considered the biggest problems. The European Union must find ways and mechanisms to overcome these and many other impediments if they decide to import energy products from the aforementioned region.
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Details
1 University of Maribor, Faculty of Organizational Sciences, Department of Organization and Management, Kranj, Slovenia (GRID:grid.8647.d) (ISNI:0000 0004 0637 0731)
2 Boulevard of Revolution 1, Municipality of Bar, Communal Police and Inspection Service, Bar, Montenegro (GRID:grid.8647.d)
3 School of Electrical and Computer Engineering, Academy of Technical and Art Applied Studies, Belgrade, Republic of Serbia (GRID:grid.8647.d)