The Central Asian Economies in the Twenty-First Century

The Central Asian Economies in the Twenty-First Century PDF Author: Richard Pomfret
Publisher: Princeton University Press
ISBN: 0691185409
Category : Business & Economics
Languages : en
Pages : 329

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Book Description
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.

The Central Asian Economies in the Twenty-First Century

The Central Asian Economies in the Twenty-First Century PDF Author: Richard Pomfret
Publisher: Princeton University Press
ISBN: 0691185409
Category : Business & Economics
Languages : en
Pages : 329

Get Book Here

Book Description
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 PDF Author: Emine Ayşen Hiç Gencer
Publisher: Cambridge Scholars Publishing
ISBN: 9781443840354
Category : Asia, Central
Languages : en
Pages : 0

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Book Description
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 PDF Author: Richard Pomfret
Publisher: Princeton University Press
ISBN: 0691222509
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
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 PDF Author: Tom Everett-Heath
Publisher: Routledge
ISBN: 1135798222
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
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.

Central Asia in Transition: Dilemmas of Political and Economic Development

Central Asia in Transition: Dilemmas of Political and Economic Development PDF Author: Boris Z. Rumer
Publisher: Taylor & Francis
ISBN: 1040278256
Category : Political Science
Languages : en
Pages : 246

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Book Description
The economic, political and geopolitical future of Central Asia has been subject to speculation since the region emerged from under the Soviet banner. With contributions from Central Asian, Russian, US and Japanese experts, this book gives an analysis of the issues and choices facing the region.

Transition Economies

Transition Economies PDF Author: Martin Myant
Publisher: Wiley Global Education
ISBN: 1118138090
Category : Business & Economics
Languages : en
Pages : 418

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Book Description
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.

Clan Politics and Regime Transition in Central Asia

Clan Politics and Regime Transition in Central Asia PDF Author: Kathleen Collins
Publisher: Cambridge University Press
ISBN: 113946177X
Category : Political Science
Languages : en
Pages : 15

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Book Description
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 PDF Author: Joachim Ahrens
Publisher: Routledge
ISBN: 0415602009
Category : Business & Economics
Languages : en
Pages : 306

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Book Description
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.

The Economies of Central Asia

The Economies of Central Asia PDF Author: Richard Pomfret
Publisher: Princeton University Press
ISBN: 1400864186
Category : Political Science
Languages : en
Pages : 234

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Book Description
This book is the first general introduction to the economies of central Asia, specifically the recently independent countries of Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan, and Turkmenistan. Richard Pomfret provides a historical and structural analysis of this area of the former Soviet Union, with an emphasis on their economic situation since independence. With the strategic significance of this part of the world growing by the week, this book provides an invaluable source of material for understanding what has been for Westerners a very mysterious part of the world. The first part of the book deals with the five countries' common features, determined by geography and their role in the Soviet division of labor, which left many parts of the region heavily dependent on a cotton monoculture and facing serious environmental problems (notably the shrinking of the Aral Sea and contamination from nuclear testing). The author goes on to deal with the countries as national economies. Finally, he examines common problems facing the countries since they gained independence in late 1991. These last chapters focus on the immediate economic problems of 1992 and 1993 (economic transition and the decision whether to remain within the ruble zone), as well as long-term development issues and international economic relations. Originally published in 1995. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Financial Transition in Europe and Central Asia

Financial Transition in Europe and Central Asia PDF Author: Alexander Fleming
Publisher: World Bank Publications
ISBN: 9780821348147
Category : Business & Economics
Languages : en
Pages : 302

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Book Description
This book contains 21 papers focusing on a wide range of issues concerning financial sector transition in the countries of Europe and Central Asia (ECA). It places the transition economies in the context of recent and prospective developments in global financial markets. This book also evaluates the experience of the last 10 years and reviews the progress from a command financial system to a market-based one, identifying some of the key characteristics of the financial transition.