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Economic Reforms in Kyrgyzstan

Author

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  • Rafal Antczak
  • Marek Dabrowski

Abstract

This article describes Kyrgyzstans achievements in the stabilization and liberalization of the economy and the majority of progress in this area that occurred in the first half of 1994. One may include Kyrgyzstan in the group of states that have adopted the radical variant of transition to market economics, a group to which the majority of Central European states and the above mentioned Baltic states belong. Kyrgyzstan has become a clear leader in economic transformation in Central Asia. Moreover, the progress in this area has been accompanied by a broad democratization of political life and an open, pro-Western orientation in foreign policy. These economic and political reforms represent the effect of the political course embarked upon in 1991 by the president of the republic, Askar Akayev. Thus far, they have made Kyrgyzstan an oasis of democracy and social peace in a region wracked by powerful ethnic and religious conflicts and whose political and economic regimes are of a significantly less liberal and democratic character and possess strong elements of the post-communist or even neo-communist order.

Suggested Citation

  • Rafal Antczak & Marek Dabrowski, 1994. "Economic Reforms in Kyrgyzstan," CASE Network Studies and Analyses 0028, CASE-Center for Social and Economic Research.
  • Handle: RePEc:sec:cnstan:0028
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    Cited by:

    1. Marek Dabrowski & Jacek Rostowski, 1995. "What Went Wrong? The reasons for the Failure of Stabilization in Russia in 1992," CASE Network Studies and Analyses 0044, CASE-Center for Social and Economic Research.
    2. Ceema Zahra Namazie, 2002. "Early Evidence of Welfare Changes in the Kyrgyz Republic: Have Things Got Worse with Reforms?," STICERD - Distributional Analysis Research Programme Papers 63, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    3. Ceema Namazie & Peter Sanfey, 2001. "Happiness and Transition: the Case of Kyrgyzstan," Review of Development Economics, Wiley Blackwell, vol. 5(3), pages 392-405, October.
    4. Namazie, Ceema Zahra, 2002. "Early evidence of welfare changes in the Kyrgyz republic: have things got worse with reforms?," LSE Research Online Documents on Economics 6557, London School of Economics and Political Science, LSE Library.

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