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Central Asia Since 1991: The Experience of the New Independent States

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Author Info
Richard Pomfret

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Abstract

The five former Soviet republics have become separate states, developing at different rates and in different directions, and with different political and economic regimes. As a result, the cohesion of the region has broken down and economic development is hampered by internal and regional political troubles. Poverty has risen dramatically and bad governance is inhibiting efficient exploitation of natural resources in some countries. The transition to market economies, however, has been largely completed, even if the markets themselves are imperfect. This raises hopes for the longterm future of the region ...


Les cinq ex-Républiques soviétiques sont devenues des États distincts, dotés de régimes politiques et économiques différents, et dont la croissance s’effectue dans des directions et à des rythmes également différents. En conséquence, la région a perdu en cohérence et le développement économique est freiné par des troubles politiques internes et régionaux. La pauvreté s’est accrue dans des proportions considérables et les problèmes de gouvernance empêchent l’exploitation efficace des ressources naturelles dans certains pays. La transition vers l’économie de marché a toutefois bien avancé, même si les marchés eux-mêmes sont imparfaits. L’avenir à long terme de la région peut donc être envisagé avec une certaine confiance ...

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Paper provided by OECD, Development Centre in its series OECD Development Centre Working Papers with number 212.

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Date of creation: Jul 2003
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Handle: RePEc:oec:devaaa:212-en

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