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Central Asia after Two Decades of Independence

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  • Richard Pomfret

Abstract

After becoming independent in 1991, the five Central Asian countries pursued differing transition paths from the defunct central planning. This paper analyses the connection between economic policies and performance during the 1990s and 2000s. Performance over the two decades has been determined by resource endowments rather than by policy.

Suggested Citation

  • Richard Pomfret, 2010. "Central Asia after Two Decades of Independence," WIDER Working Paper Series wp-2010-053, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2010-053
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    File URL: https://www.wider.unu.edu/sites/default/files/2010-53.pdf
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    References listed on IDEAS

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    1. Gur Ofer & Richard Pomfret (ed.), 2004. "The Economic Prospects of the CIS," Books, Edward Elgar Publishing, number 3267.
    2. Kathryn Anderson & Richard Pomfret, 2003. "Consequences of Creating a Market Economy," Books, Edward Elgar Publishing, number 2887.
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    4. International Monetary Fund, 2000. "Turkmenistan: The Burden of Current Agricultural Policies," IMF Working Papers 2000/098, International Monetary Fund.
    5. Richard Pomfret, 2005. "Kazakhstan's Economy since Independence: Does the Oil Boom Offer a Second Chance for Sustainable Development?," Europe-Asia Studies, Taylor & Francis Journals, vol. 57(6), pages 859-876.
    6. Bruno, Michael & Easterly, William, 1998. "Inflation crises and long-run growth," Journal of Monetary Economics, Elsevier, vol. 41(1), pages 3-26, February.
    7. Mr. Peter Doyle & Mr. Peter F. Christoffersen, 1998. "From Inflation to Growth: Eight Years of Transition," IMF Working Papers 1998/100, International Monetary Fund.
    8. David G. Tarr, 2017. "The Terms-of-Trade Effects of Moving to World Prices on Countries of the Former Soviet Union," World Scientific Book Chapters, in: Trade Policies for Development and Transition, chapter 12, pages 271-294, World Scientific Publishing Co. Pte. Ltd..
    9. Richard Pomfret, 2002. "Constructing a Market Economy," Books, Edward Elgar Publishing, number 2406.
    10. Mr. Jeromin Zettelmeyer & Mr. Günther Taube, 1998. "Output Decline and Recovery in Uzbekistan: Past Performance and Future Prospects," IMF Working Papers 1998/132, International Monetary Fund.
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    Citations

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    Cited by:

    1. Shahboz Babaev, 2020. "Implementation of Irish Foreign Direct Investment Policy in Uzbekistan," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 7(4), pages 193-195, April.
    2. Kobil Ruziev & Peter Midmore, 2015. "Connectedness and SME Financing in Post-Communist Economies: Evidence from Uzbekistan," Journal of Development Studies, Taylor & Francis Journals, vol. 51(5), pages 586-602, May.
    3. Binhan Elif, Yilmaz, 2018. "Remittances, and Human Development in Central Asia," MPRA Paper 106580, University Library of Munich, Germany, revised 2018.
    4. Shaumanov, M. & Birner, R., 2014. "Dryland Pastoral Systems in Transition: What are the Options für the Institutional Change in Uzbekistan?," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 49, March.
    5. Julien Vercueil, 2015. "De la Russie à la Chine ? Le basculement énergétique de l'Asie centrale," Mondes en développement, De Boeck Université, vol. 0(1), pages 47-60.
    6. Kobil Ruziev & Toshtemir Majidov, 2013. "Differing Effects of the Global Financial Crisis on the Central Asian Countries: Kazakhstan, the Kyrgyz Republic and Uzbekistan," Europe-Asia Studies, Taylor & Francis Journals, vol. 65(4), pages 682-716.
    7. Julien Vercueil, 2012. "Panorama économique de l'espace eurasiatique," Post-Print halshs-01420847, HAL.
    8. Bożena, Chrząstowska, 2019. "Labour Migration and Remittances in Eurasia," MPRA Paper 106628, University Library of Munich, Germany, revised 2019.
    9. Bobokhonov, Abdulmajid & Pokrivcak, Jan & Rajcaniova, Miroslava, 2016. "The Impact of Agricultural and Trade Policies on Price Transmission in Central Asia," 2016 Fifth AIEAA Congress, June 16-17, 2016, Bologna, Italy 242306, Italian Association of Agricultural and Applied Economics (AIEAA).
    10. Inna Melnykovska & Hedwig Plamper & Rainer Schweickert, 2012. "Do Russia and China promote autocracy in Central Asia?," Asia Europe Journal, Springer, vol. 10(1), pages 75-89, May.
    11. Schweickert, Rainer & Melnykovska, Inna & Plamper, Hedwig, 2012. "External drivers of institutional change in Central Asia: Regional integration schemes and the role of Russia and China," Kiel Working Papers 1763, Kiel Institute for the World Economy (IfW Kiel).
    12. Mazhikeyev, Arman & Edwards, T. Huw & Rizov, Marian, 2015. "Openness and isolation: The trade performance of the former Soviet Central Asian countries," International Business Review, Elsevier, vol. 24(6), pages 935-947.

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