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Constructing Market-based Economies in Central Asia: A Natural Experiment?

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  • Richard Pomfret

Abstract

This paper reviews the experience of the five Central Asian countries in the two decades since independence. In the 1990s the five countries looked like a natural experiment. They had similar initial conditions, but different transition strategies. Today that does not appear to have been a useful research agenda, which raises some broader questions for comparative economic studies.

Suggested Citation

  • Richard Pomfret, 2010. "Constructing Market-based Economies in Central Asia: A Natural Experiment?," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 7(2), pages 449-467, December.
    • Handle: RePEc:liu:liucej:v:7:y:2010:i:2:p:449-467
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    File URL: https://ejce.liuc.it/18242979201002/182429792010070210.pdf
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    References listed on IDEAS

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    1. World Bank, 2009. "Bazaars and Trade Integration in CAREC Countries," World Bank Publications - Reports 18609, The World Bank Group.
    2. Jens HÖLSCHER, 2009. "Twenty Years of Economic Transition: Successes and Failures," The Journal of Comparative Economic Studies (JCES), The Japanese Society for Comparative Economic Studies (JSCES), vol. 5, pages 3-17, December.
    3. Richard Pomfret, 2002. "Constructing a Market Economy," Books, Edward Elgar Publishing, number 2406.
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    Cited by:

    1. Richard Pomfret, 2023. "What did those who were “Present at the Transition” Miss? The Creation of Powerful Presidential Families in Central Asia," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 65(3), pages 442-460, September.
    2. Utkur Djanibekov & Grace B. Villamor & Klara Dzhakypbekova & James Chamberlain & Jianchu Xu, 2016. "Adoption of Sustainable Land Uses in Post-Soviet Central Asia: The Case for Agroforestry," Sustainability, MDPI, vol. 8(10), pages 1-16, October.

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    More about this item

    Keywords

    transition - Central Asia;

    JEL classification:

    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General

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