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The Central Asian Economies Since Independence

Richard Pomfret

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Princeton University Press img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Internationale Wirtschaft

Beschreibung

The 9/11 attacks, the U.S. invasion of Afghanistan, and the oil boom of recent years have greatly increased the strategic importance of resource-rich Central Asia, making an understanding of its economic--and therefore political--prospects more important than ever. In The Central Asian Economies Since Independence, Richard Pomfret provides a concise and up-to-date analysis of the huge changes undergone by the economies of Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan since the collapse of the Soviet Union in 1991. The book assesses the economic prospects of each country, and the likelihood that economic conditions will spur major political changes.


With independent chapters on each country, and chapters analyzing their comparative economic performance, the book highlights similarities and differences. Facing common problems caused by the breakdown of Soviet economic relations and the hyperinflation of the early 1990s, these countries have taken widely divergent paths in the transition from Soviet central planning to more market-based economies.


The book ends in 2005 with the bloodless Kyrgyz revolution and the violence in Uzbekistan, which signaled the end of the region's political continuity. Throughout the book, Pomfret emphasizes the economic forces that foster political instability--from Kazakhstan's resource boom and Turkmenistan's lack of reform to Tajikistan's abject poverty.

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Schlagwörter

Kazakhstan, Currency, Export, Balance of trade, Consumption (economics), Economy of the Soviet Union, Pipeline transport, Primary sector of the economy, Agriculture, Price of oil, Liberalization, Subsidy, Economic planning, Natural gas, World Bank, Supply (economics), United Nations Development Programme, Arrears, Fiat money, World economy, Comparative advantage, Government revenue, Recession, Tajikistan, Almaty, Central Asia, Relative price, Slovenia, Tax, Ruble, Economic policy, Payment, Uzbeks, Economic growth, Financial services, Turkmenistan, Black market, Pension, Human capital, Oil boom, Economy, Kyrgyzstan, International financial institutions, Output (economics), Poverty, Self-sufficiency, International relations, Tariff, External debt, Exchange rate, Dushanbe, Income, Joint venture, World Bank Group, Fergana Valley, World Trade Organization, Bishkek, Household, Hyperinflation, Market economy, State-owned enterprise, Welfare, Income distribution, Government budget, Privatization, Transition economy, Economic development, Economics, Soviet Union, Uzbekistan