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Central Asia after Fifteen Years of Transition: Growth, Regional Cooperation, and Policy Choices

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Author Info
Dowling, Malcolm () (Singapore Management University)
Wignaraja, Ganeshan () (Asian Development Bank)

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Abstract

This paper presents a coherent and systematic analysis of the collapse and subsequent revival of the Central Asian Republics (CARs) since 1990. The focus is on the pattern of growth and structural change during the cycle of decline and subsequent revival in the CARs, which have yet to be adequately analyzed in the literature on transition. The paper relates economic performance to initial conditions, country characteristics, and policies. Within this framework, it proposes a simple typology of policies (including a new 'Type III' set of policies on regional cooperation and industrial competitiveness) and relates them to the cycle of decline and revival. It goes on to examine medium-term prospects and policy needs for the CARs.

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File URL: http://aric.adb.org/pdf/workingpaper/WP3%20CARS%20230706.pdf
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Publisher Info
Paper provided by Asian Development Bank in its series Working Papers on Regional Economic Integration with number 3.

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Length: 22 pages
Date of creation: 01 Jul 2006
Date of revision:
Handle: RePEc:ris:adbrei:0003

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Related research
Keywords: growth; economic reform; regional cooperation; industrial competitiveness; Central Asia; transitional economies;

Find related papers by JEL classification:
F15 - International Economics - - Trade - - - Economic Integration
N10 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations - - - General, International, or Comparative
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General

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