The Central Asian Economies in the Twenty-First Century

The Central Asian Economies in the Twenty-First Century
Author: Richard Pomfret
Publisher: Princeton University Press
Total Pages: 329
Release: 2019-01-15
Genre: Business & Economics
ISBN: 0691185409

This book analyzes the Central Asian economies of Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan, from their buffeting by the commodity boom of the early 2000s to its collapse in 2014. Richard Pomfret examines the countries’ relations with external powers and the possibilities for development offered by infrastructure projects as well as rail links between China and Europe. The transition of these nations from centrally planned to market-based economic systems was essentially complete by the early 2000s, when the region experienced a massive increase in world prices for energy and mineral exports. This raised incomes in the main oil and gas exporters, Kazakhstan and Turkmenistan; brought more benefits to the most populous country, Uzbekistan; and left the poorest countries, the Kyrgyz Republic and Tajikistan, dependent on remittances from migrant workers in oil-rich Russia and Kazakhstan. Pomfret considers the enhanced role of the Central Asian nations in the global economy and their varied ties to China, the European Union, Russia, and the United States. With improved infrastructure and connectivity between China and Europe (reflected in regular rail freight services since 2011 and China’s announcement of its Belt and Road Initiative in 2013), relaxation of United Nations sanctions against Iran in 2016, and the change in Uzbekistan’s presidency in late 2016, a window of opportunity appears to have opened for Central Asian countries to achieve more sustainable economic futures.

Central Asian Economies in Transition

Central Asian Economies in Transition
Author: Emine Ayşen Hiç Gencer
Publisher: Cambridge Scholars Publishing
Total Pages: 0
Release: 2012
Genre: Asia, Central
ISBN: 9781443840354

â oeCentral Asian Economies in Transition focuses on Central Asian countries (Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan, Tajikistan and Azerbaijan) and their economic ties with Turkey. The book first summarizes the current state of Central Asian economies, enhanced through statistics and details [of] the economic and political challenges they face. The following parts cover the topics of economic integration and globalization, economic growth and development, international trade, and the energy sector. â oeCentral Asian Economies in Transition is based on selected papers from the series of International Conferences on Eurasian Economies, investigating Central Asian countries in a comparative manner, as well as [on] specially invited articles by prominent academicians; all edited with coherence and exhaustiveness in mind. While some chapters are purely descriptive in nature, others include econometric analyses. â oeThe target audience for Central Asian Economies in Transition is anyone who is interested in Central Asian economies, their transition process towards a market economy regime and their integration to the global world. This includes academicians from any field of social sciences, as well as decision makers, politicians, businessmen and journalists. â oeI believe that the reader will get a comprehensive picture of the Central Asian economies with specific details highlighted. I would like to take this opportunity to thank the editors for their painstaking efforts during the preparation of this book.â â " Halil SeyidoÄYlu, Professor of Economics, DoÄYuÅY University

The Central Asian Economies Since Independence

The Central Asian Economies Since Independence
Author: Richard Pomfret
Publisher: Princeton University Press
Total Pages: 244
Release: 2020-12-08
Genre: Business & Economics
ISBN: 0691222509

The 9/11 attacks, the U.S. invasion of Afghanistan, and the oil boom of recent years have greatly increased the strategic importance of resource-rich Central Asia, making an understanding of its economic--and therefore political--prospects more important than ever. In The Central Asian Economies Since Independence, Richard Pomfret provides a concise and up-to-date analysis of the huge changes undergone by the economies of Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan since the collapse of the Soviet Union in 1991. The book assesses the economic prospects of each country, and the likelihood that economic conditions will spur major political changes. With independent chapters on each country, and chapters analyzing their comparative economic performance, the book highlights similarities and differences. Facing common problems caused by the breakdown of Soviet economic relations and the hyperinflation of the early 1990s, these countries have taken widely divergent paths in the transition from Soviet central planning to more market-based economies. The book ends in 2005 with the bloodless Kyrgyz revolution and the violence in Uzbekistan, which signaled the end of the region's political continuity. Throughout the book, Pomfret emphasizes the economic forces that foster political instability--from Kazakhstan's resource boom and Turkmenistan's lack of reform to Tajikistan's abject poverty.

Central Asia

Central Asia
Author: Tom Everett-Heath
Publisher: Routledge
Total Pages: 304
Release: 2003-12-08
Genre: Business & Economics
ISBN: 1135798222

The five central Asian States of Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan stand at the crossroads of world civilization. Influenced by South Asia, Iran, China and Russia, this region which has recently burst onto the world stage once again, guards a distinct identity. This collection by established experts on the area covers the dramatic Soviet interventions of the early twentieth century, and details the role of ethnicity and the contribution made by Islamic impulses in the process of building the modern nation states.

Transition Economies

Transition Economies
Author: Martin Myant
Publisher: Wiley Global Education
Total Pages: 418
Release: 2012-04-13
Genre: Business & Economics
ISBN: 1118138090

Transition Economies provides students with an up-to-date and highly comprehensive analysis of the economic transformation in former communist countries of Eastern and Central Europe and countries of the former Soviet Union. With coverage extending from the end of central planning to the capitalist varieties of the present, this text provides a comparative analysis of economic transformation and political-economic diversity that has emerged as a direct result. It covers differences between countries in terms of economic performance and integration into the world economy. Transition Economies seeks to explain and deepen understanding of these differences, chart the emerging forms of capitalism there, and provide country responses to the world financial crisis of 2008-2009.

Central Asia in Transition

Central Asia in Transition
Author: Boris Z. Rumer
Publisher: M.E. Sharpe
Total Pages: 312
Release: 1996
Genre: Business & Economics
ISBN: 9781563247668

Explores the complex and intertwined problems of geopolitics and economic transition of the five new countries that inherited from the Soviet Union the strategic positions and rich natural resources of Central Asia. Economists and political scientists from the region offer their sometimes opposing views of the situation, what led to it, and how to deal with it, some focusing on a particular country and some considering the region as a whole. Annotation copyright by Book News, Inc., Portland, OR

Clan Politics and Regime Transition in Central Asia

Clan Politics and Regime Transition in Central Asia
Author: Kathleen Collins
Publisher: Cambridge University Press
Total Pages: 15
Release: 2006-04-03
Genre: Political Science
ISBN: 113946177X

This book is a study of the role of clan networks in Central Asia from the early twentieth century through 2004. Exploring the social, economic, and historical roots of clans, and their political role and political transformation in the Soviet and post-Soviet periods, it argues that clans are informal political actors that are critical to understanding politics in this region. The book demonstrates that the Soviet system was far less successful in transforming and controlling Central Asian society, and in its policy of eradicating clan identities, than has often been assumed. In order to understand Central Asian politics and their economies, scholars and policy makers must take into account the powerful role of these informal groups, how they adapt and change over time, and how they may constrain or undermine democratization in this strategic region.

Institutional Reform in Central Asia

Institutional Reform in Central Asia
Author: Joachim Ahrens
Publisher: Routledge
Total Pages: 306
Release: 2013
Genre: Business & Economics
ISBN: 0415602009

The countries of Central Asia are increasingly the focus of intense international attention due to their geopolitical and economic importance as well as their unsettled transition processes. The region faced enormous challenges when the Soviet Union disintegrated, and this book focuses on the reforms of the institutional environment that have been largely neglected. Through an interdisciplinary approach, the book explores key aspects of institution building as well as economic and political governance in Central Asia. Contributors from a variety of disciplines, such as economics, political economy, political science, sociology, law, and ethnology, investigate the challenges of institutional transition in a non-democratic region. The book discusses how the lack of effective institution building as well as rule enforcement in the economic and political realms represents one of the key weaknesses and drawbacks of transition, and goes on to look at how crafting market institutions will be of utmost importance in the years ahead. Making an important contribution to understanding of political-economic developments in Central Asia, this book is of interest to students and scholars of political economy, comparative economics, development studies and Central Asian studies.

Eurasian Economies in Transition

Eurasian Economies in Transition
Author: E. Ayşen Hiç Gencer
Publisher: Cambridge Scholars Publishing
Total Pages: 488
Release: 2016-12-14
Genre: Business & Economics
ISBN: 1443848824

This book explores the economic environment in Eurasian countries, particularly investigating the transition economies in Asia, Central Asia and the former Soviet socialist bloc countries. It analyses the region from the perspective of globalisation and economic integration, economic growth and development, international trade and finance, and the energy and natural resources sectors. The second book in a series based on selected papers from the International Conference on Eurasian Economies, it will appeal to anyone who is interested in economies of the region, their transition processes towards a market economy regime, and their integration into the global world.