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WP/53 Central Asia after Two Decades of Independence

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. International relations, which were predicted to centre on a new Great Game among external powers, have been more muted than anticipated, centring on geopolitics and pipelines, and with a consequence of hampering desirable economic cooperation within Central Asia. Prospects for significant change in the near future are limited because by the end of the 1990s the window of opportunity for policy initiatives had shut and entrenched political regimes had little incentive to sponsor major reforms.
Publisher:
UNU-WIDER
Series:
WIDER Working Paper
Volume:
2010/53
Title:
WP/53 Central Asia after Two Decades of Independence
Authors:
Richard Pomfret
Publication date:
May 2010
ISBN 13 Web:
978-92-9230-290-3
Copyright holder:
© UNU-WIDER
Copyright year:
2010
Keywords:
Central Asia, transition from central planning
JEL:
P20, O53
Project:
Reflections on Transition: Twenty Years After the Fall of the Berlin Wall
Sponsor:
UNU-WIDER acknowledges the financial contribution to the conference by the Finnish Ministry for Foreign Affairs and the continued support to the research programme by the governments of Denmark (Royal Ministry of Foreign Affairs), Finland (Ministry for Foreign Affairs), Sweden (Swedish International Development Cooperation Agency—Sida) and the United Kingdom (Department for International Development).
Format:
online and printed copies
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