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This book calls for rethinking U.S. policy toward promoting Afghanistan as a regional economic hub in Southwest and Central Asia as it fits within the broader national security interest of the regional states. It argues for defining Afghanistan within the U.S. national security interests in Southwest and Central Asia, including Iran, and offers critical strategic tools for Washington to support political openness and reforms that can balance China and Russia, as well as more effectively manage Iran's regional behavior. It links the U.S. policy approach in Southwest and Central Asia as the 'missing leg' of Washington's East Asia policy. This book defines the strategic interests of each of Afghanistan's neighboring states and key regional actors to explain why a rethinking of the U.S. role in Afghanistan can assist the emergence of a new regional order in Southwest and Central Asia, which in turn can embolden a free market economy and a growing political openness superior to authoritarianism and Islamist militancy.

NATION-BUILDING--AFGHANISTAN --- AFGHANISTAN--POLITICS AND GOVERNMENT --- AFGHANISTAN--FOREIGN RELATIONS --- AFGHANISTAN--ECONOMIC POLICY --- USA--FOREIGN RELATIONS--AFGHANISTAN --- AFGHANISTAN--FOREIGN RELATIONS--USA

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Afghanistan has made substantial progress toward macroeconomic stability, but structural reforms need to be accelerated. The uncertainty affecting the fiscal outlook warrants a prudent expenditure policy. Monetary policy has been instrumental in reducing inflation and safeguarding external stability, but it needs to be strengthened. The government should resist pressures for expanding its role in the economy and focus on fostering competition and improving economic governance. The current exchange rate level appears in line with fundamentals. The government should increase its efforts to improve Afghanistan’s statistical database.

Afghanistan -- Economic conditions. --- Afghanistan -- Economic policy. --- Fiscal policy -- Afghanistan. --- International monetary fund -- Afghanistan. --- Banks and Banking --- Budgeting --- Public Finance --- Statistics --- Social Services and Welfare --- National Budget --- Budget Systems --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- National Government Expenditures and Related Policies: General --- Government Policy --- Provision and Effects of Welfare Program --- Data Collection and Data Estimation Methodology --- Computer Programs: Other --- Current Account Adjustment --- Short-term Capital Movements --- Econometrics & economic statistics --- Budgeting & financial management --- Public finance & taxation --- Banking --- Social welfare & social services --- Financial services law & regulation --- Budget planning and preparation --- Expenditure --- Commercial banks --- Balance of payments statistics --- Public financial management (PFM) --- Economic and financial statistics --- Bank supervision --- Financial regulation and supervision --- Financial statistics --- Budget --- Banks and banking --- Expenditures, Public --- Poverty --- Finance --- Balance of payments --- Afghanistan, Islamic Republic of --- Fiscal policy --- Afghanistan --- Economic conditions. --- Economic policy.

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The withdrawal of most international troops by 2014 will have a profound and lasting impact on the country's economic and development fabric. This book explores some of these ramifications. Development progress since 2001 has been mixed. The country has recorded some major achievements such as rapid economic growth, relatively low inflation, better public financial management, and gains in basic health and education. Key social indicators, including life expectancy and maternal mortality, have improved markedly, and women are participating more in the economy. Yet in other respects, particular

Afghanistan -- Economic conditions -- 21st century. --- Afghanistan -- Economic policy. --- Afghanistan -- History -- 2001-. --- Afghanistan -- Politics and government -- 2001-. --- Economic development -- Afghanistan. --- Postwar reconstruction -- Afghanistan. --- Economic development --- Postwar reconstruction --- Business & Economics --- Economic History --- Afghanistan --- Economic conditions --- Economic policy. --- History --- Politics and government --- Development, Economic --- Economic growth --- Growth, Economic --- Afganistan --- A-fu-han --- República Democrática de Afganistán --- DRA --- Republic of Afghanistan --- Democratic Republic of Afghanistan --- Aphganistan --- Afeganistão --- Islamic State of Afghanistan --- Islamic Emirate of Afghanistan --- Islamic Republic of Afghanistan --- Affghanistan --- Efẍanistan --- Jumhūrī-i Islāmī-i Afghānistān --- جمهورى اسلامى افغانستان --- Afghānistān Islāmī Imārat --- افغانستان --- Jomhūrī-ye Eslāmī-ye Afġānestān --- Da Afġānistān Islāmī Jumhoryat --- Afġānistān Islāmī Jumhoryat --- Афганистэн --- Afganistėn --- Афганистэн Мыслимэн Республикэ --- Afganistėn Myslimėn Respublikė --- Islamitiese Republiek van Afghanistan --- Ahyganitã --- Tetã Islãrehegua Ahyganitã --- Ăfqanıstan --- Ăfqanıstan İslam Respublikası --- Afghanstan --- Afghanstan Islam Respublikaḣy --- Афганістан --- Afhanistan --- Ісламская Рэспубліка Афганістан --- Islamskai︠a︡ Rėspublika Afhanistan --- Apganistan --- Islamikong Republika kan Apganistan --- Афганистан --- Ислямска република Афганистан --- Isli︠a︡mska republika Afganistan --- Islamska republika Afganistan --- Republik Islamek Afghanistan --- Afghánská islámská republika --- Affganistan --- Gweriniaeth Islamaidd Affganistan --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Jamhuri-ye Islami-ye Afghanistan --- アフガニスタン --- Afuganisutan