Advanced Search
MyIDEAS: Login to save this paper or follow this series

Resource Abundance, Governance And Economic Performance In Turkmenistan And Uzbekistan


Author Info

  • Pomfret, Richard


This paper analyses the connection between resource wealth, governance and economic performance in Turkmenistan and Uzbekistan. Since independence, both countries have remained heavily resource-dependent and they have had political stability, but despite some similarities, their economic situations have been diverging since the transition shock in 1991. Although the two countries are resource-abundant, their resource endowments differ: both have energy resources and farmland suited to cotton-growing, but Turkmenistan's resource base is heavily skewed towards natural gas, with cotton and oil of lesser importance, and with very little other economic activity. Uzbekistan's major exports are cotton and gold, with energy endowments sufficient to cover domestic needs but without substantial energy exports. Both oil fields and cotton fields yield rents and this paper estimates their scale and also examines how the different socio-economic linkages associated with each set of rents differentiates the capture of the rents and their deployment. The paper argues that during the first decade of transition the rents from both sets of natural resources could be realised with little recourse to FDI so that both regimes were able to resist pressure for rapid reform. However, despite acknowledged policy errors, Uzbekistan managed its rents more effectively and responsibly than Turkmenistan and it faces the more promising future.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL:
Download Restriction: no

Bibliographic Info

Paper provided by University of Bonn, Center for Development Research (ZEF) in its series Discussion Papers with number 18735.

as in new window
Date of creation: 2004
Date of revision:
Handle: RePEc:ags:ubzefd:18735

Contact details of provider:
Postal: Walter-Flex-Stra├če 3, D - 53113 Bonn
Fax: +49 228 / 73-5097
Web page:
More information through EDIRC

Related research

Keywords: International Development; Resource /Energy Economics and Policy;


No references listed on IDEAS
You can help add them by filling out this form.


Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Richard Pomfret, 2010. "Exploiting Energy and Mineral Resources in Central Asia, Azerbaijan and Mongolia," School of Economics Working Papers 2010-16, University of Adelaide, School of Economics.


This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


Access and download statistics


When requesting a correction, please mention this item's handle: RePEc:ags:ubzefd:18735. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.