PRIVATE AUTO IMPORT FROM U.S. AUCTIONS AS A MODEL OF CROSS-BORDER ENTREPRENEURSHIP IN CENTRAL ASIA

Povzetek

The state of private auto importation, via auctioneers and markets in the U.S. like Copart and IAAI has become a vivid practice of entrepreneurship across borders in Central Asia. In this paper, the economic, logistical, and regulatory aspects of this flourishing (albeit informal) industry are considered. The study is based on trade statistics, case studies, and policy analysis to illustrate the manner in which individual entrepreneurs of the countries whose borders are Kazakhstan, Kyrgyzstan, and Uzbekistan, navigate the global digital marketplace to find supplies of vehicles, shipping logistics as well as the ability to resale in regional markets. When this study was made, it came out that the importation of private vehicles does not just boost self-employment and the informal job creation but also closes the gaps in the local market that have not been covered by the inability to access affordable vehicles. Nevertheless, it is not devoid of risks and these may include fluctuations in the currency rates, customs requirements, and unstable government policies. The paper concludes that the importation of privately owned automobiles is a good micro-enterprise path to take in the region and the promising nature of this path will improve with the digitalized tools, diasporic issues, and flexible trade patterns. The research can be used in further discussions about informal entrepreneurship, digitalization in globalization, and sustainable cross-border trade in developing economies