Informal regionalism in Central Asia: subnational and international levels
AbstractWhile the poor quality of governance is widely accepted as a main factor hampering economic development in Central Asia, one of the main ways to solve this problem is often connected with changing the allocation of authorities, shifting them to the supranational (regional integration) or subnational (decentralization) levels. Both aspects have been widely discussed, but the progress remains extremely limited. This paper claims however, that in spite of deficit of formal institutions, informal decentralization and regional integration have been important factors with a profound impact on economic and social development of Central Asia. However, the impact of informal shifts of authority on institutional development is not unambiguous.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 26417.
Date of creation: 2008
Date of revision:
informal regionalism; decentralization; regionalization;
Find related papers by JEL classification:
- F15 - International Economics - - Trade - - - Economic Integration
- P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy
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