Central Asian Economies Since Independence
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A01=Richard Pomfret
Agriculture
Almaty
Arrears
Author_Richard Pomfret
Balance of trade
Bishkek
Black market
Category=KC
Central Asia
Comparative advantage
Consumption (economics)
Currency
Dushanbe
Economic development
Economic growth
Economic planning
Economic policy
Economics
Economy
Economy of the Soviet Union
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eq_business-finance-law
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eq_isMigrated=2
eq_nobargain
eq_non-fiction
Exchange rate
Export
External debt
Fergana Valley
Fiat money
Financial services
Government budget
Government revenue
Household
Human capital
Hyperinflation
Income
Income distribution
International financial institutions
International relations
Joint venture
Kazakhstan
Kyrgyzstan
Liberalization
Market economy
Natural gas
Oil boom
Output (economics)
Payment
Pension
Pipeline transport
Poverty
Price of oil
Primary sector of the economy
Privatization
Recession
Relative price
Ruble
Self-sufficiency
Slovenia
Soviet Union
State-owned enterprise
Subsidy
Supply (economics)
Tajikistan
Tariff
Tax
Transition economy
Turkmenistan
United Nations Development Programme
Uzbekistan
Uzbeks
Welfare
World Bank
World Bank Group
World economy
World Trade Organization
Product details
- ISBN 9780691124650
- Weight: 510g
- Dimensions: 152 x 235mm
- Publication Date: 23 Jul 2006
- Publisher: Princeton University Press
- Publication City/Country: US
- Product Form: Hardback
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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.
Richard Pomfret is Professor of Economics at the University of Adelaide, Australia. His books include "The Economies of Central Asia" (Princeton), "Asian Economies in Transition, Consequences of Creating a Market Economy", and "The Economics of Regional Trading Arrangements".
