AFGHANISTAN'S ECONOMY IN THE 21ST CENTURY – REALITIES, CHALLENGES AND PROSPECTS

Ludmila Lipkova ()
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Ludmila Lipkova: University of Economics in Bratislava

Medzinarodne vztahy (Journal of International Relations), 2021, vol. 19, issue 4, 346-361

Abstract: Afghanistan is a remarkable actor in world politics and economics. In this paper, we will focus on the specific features of its economic development to date and its future prospects. The country is rich in mineral resources, which have so far been exploited only to a limited extent. Because of its strategic location and mineral wealth, Afghanistan has historically been, and remains to this day, the focus of attention of the great powers - the United Kingdom of Great Britain and Northern Ireland, the Soviet Union and the United States of America. The military presence of the latter two powers in particular in Afghanistan has marked its political and economic development. Over the last 20 years, economic development in the country has been influenced mainly by the military presence of foreign armies, particularly the US, and the provision of large-scale international financial assistance, which has been frozen since the Taliban government took power on 21 August 2021. The future of Afghanistan's economy will be different from its development over the last two decades and will depend solely on the country's own resources.

Keywords: economic development; agriculture; industry; foreign financial aid; Taliban; Afghanistan (search for similar items in EconPapers)
JEL-codes: E6 N1 Q1 (search for similar items in EconPapers)
Date: 2021
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