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Economic reform and institutional change in Central Asia: Towards a new model of the developmental state?

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  • Stark, Manuel
  • Ahrens, Joachim
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    Abstract

    Widely ignoring recommendations from mainstream economics, the some Central Asian countries have achieved remarkable economic growth rates since their transformational recession in the 1990s. While Kazakhstan, Uzbekistan, and Turkmenistan have greatly benefitted from increasing world market prices for natural resources, particularly Kazakhstan and Uzbekistan have pursued distinct country-specific policies and built up politico-institutional structures which may have also contributed to bring about economic and social progress. This paper investigates the politico-institutional foundation of these emerging market economies in Central Asia and addresses the question whether or not these marketdeveloping autocracies are on a way to become developmental states with a firm commitment to economic development in the future. --

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    Bibliographic Info

    Paper provided by PFH Private University of Applied Sciences, Göttingen in its series PFH Forschungspapiere/Research Papers with number 2012/05.

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    Date of creation: 2012
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    Handle: RePEc:zbw:pfhrps:201205

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    Web page: http://www.pfh.de/en/

    Related research

    Keywords: Developmental State; Central Asia; Kazakhstan; Uzbekistan;

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    1. Martin C Spechler, 2000. "Hunting for the Central Asian Tiger," Comparative Economic Studies, Palgrave Macmillan, vol. 42(3), pages 101-120, September.
    2. Libman, Alexander & Ushkalova, Daria, 2009. "Post-Soviet countries in global and regional institutional competition: The case of Kazakhstan," MPRA Paper 12595, University Library of Munich, Germany.
    3. Kang, David C., 1995. "South Korean and Taiwanese development and the new institutional economics," International Organization, Cambridge University Press, vol. 49(03), pages 555-587, June.
    4. Johnson, Chalmers, 1986. "The nonsocialist NICs: East Asia," International Organization, Cambridge University Press, vol. 40(02), pages 557-565, March.
    5. Martin C Spechler, 2008. "The Economies of Central Asia: A Survey," Comparative Economic Studies, Palgrave Macmillan, vol. 50(1), pages 30-52, March.
    6. Libman, Alexander, 2008. "Government-business relations in post-Soviet space: The case of Central Asia," MPRA Paper 11874, University Library of Munich, Germany.
    7. Martin Spechler, 2004. "Central Asia on the Edge of Globalization," Challenge, M.E. Sharpe, Inc., vol. 47(4), pages 62-77, July.
    8. Libman, Alexander, 2008. "Economic role of public administration in Central Asia: Decentralization and hybrid political regime," MPRA Paper 10940, University Library of Munich, Germany.
    9. Tun-Jen Cheng & Stephan Haggard & David Kang, 1998. "Institutions and growth in Korea and Taiwan: The bureaucracy," Journal of Development Studies, Taylor & Francis Journals, vol. 34(6), pages 87-111.
    10. Richard Pomfret, 2003. "Central Asia Since 1991: The Experience of the New Independent States," OECD Development Centre Working Papers 212, OECD Publishing.
    11. Chang, Ha-Joon & Cheema, Ali, 2001. "Conditions for Successful Technology Policy in Developing Countries : Learning Rents, State Structures and Institutions," UNU-INTECH Discussion Paper Series 8, United Nations University - INTECH.
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    Cited by:
    1. Wolters, Alexander, 2013. "Islamic finance in the states of Central Asia: Strategies, institutions, first experiences," PFH Forschungspapiere/Research Papers 2013/01, PFH Private University of Applied Sciences, Göttingen.

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