Review of factors to increasethe competitiveness of Central Asian countries

In this paper we have discussed issues of increasing competitiveness in Central Asian countries and tried to define main factors which play crucial role in it. First we have conducted a literature review, where we looked through previous research papers on increasing competitiveness of countries. Then we have made analyses of Central Asian countries policy documents and used qualitative methods to define the best strategy for increasing competitiveness through analyses of primary and secondary data. We proposed the following three directions where additional actionsshould be undertakenin order positively effect on increasing competitivenessin CA countries: development ofhuman capital, simplify access to finance for small enterprises and private entrepreneurship entities and promote the policy towards diversification of the economy.