IDEAS home Printed from https://ideas.repec.org/p/unu/wpaper/wp-2010-053.html
   My bibliography  Save this paper

Central Asia after Two Decades of Independence

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: https://www.wider.unu.edu/sites/default/files/2010-53.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Richard Pomfret, 2000. "The Uzbek Model of Economic Development, 1991–91," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 8(3), pages 733-748, November.
    2. 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..
    3. Kym Anderson & Will Martin, 2009. "Distortions to Agricultural Incentives in Asia," World Bank Publications - Books, The World Bank Group, number 2611.
    4. Kym Anderson & Johan Swinnen, 2008. "Distortions to Agricultural Incentives in Europe's Transition Economies," World Bank Publications - Books, The World Bank Group, number 6502.
    5. Gur Ofer & Richard Pomfret (ed.), 2004. "The Economic Prospects of the CIS," Books, Edward Elgar Publishing, number 3267.
    6. Richard Sakwa & Mark Webber, 1999. "The Commonwealth of Independent States, 1991-1998: Stagnation and Survival," Europe-Asia Studies, Taylor & Francis Journals, vol. 51(3), pages 379-415.
    7. Bruno, Michael & Easterly, William, 1998. "Inflation crises and long-run growth," Journal of Monetary Economics, Elsevier, vol. 41(1), pages 3-26, February.
    8. Kathryn Anderson & Richard Pomfret, 2003. "Consequences of Creating a Market Economy," Books, Edward Elgar Publishing, number 2887.
    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.
    11. Mr. Peter Doyle & Mr. Peter F. Christoffersen, 1998. "From Inflation to Growth: Eight Years of Transition," IMF Working Papers 1998/100, International Monetary Fund.
    12. Pomfret, Richard, 2007. "Distortions to Agricultural Incentives in Kazakhstan," Agricultural Distortions Working Paper Series 48360, World Bank.
    13. Martin C Spechler, 2000. "Hunting for the Central Asian Tiger," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 42(3), pages 101-120, September.
    14. Nora Dudwick & Elizabeth Gomart & Alexandre Marc & Kathleen Kuehnast, 2003. "When Things Fall Apart : Qualitative Studies of Poverty in the Former Soviet Union," World Bank Publications - Books, The World Bank Group, number 15204.
    15. Richard Pomfret, 2009. "Regional integration in Central Asia," Economic Change and Restructuring, Springer, vol. 42(1), pages 47-68, May.
    16. Ms. Patrizia Tumbarello, 2005. "Regional Trade Integration and WTO Accession: Which Is the Right Sequencing? An Application to the CIS," IMF Working Papers 2005/094, International Monetary Fund.
    17. International Monetary Fund, 2000. "Turkmenistan: The Burden of Current Agricultural Policies," IMF Working Papers 2000/098, International Monetary Fund.
    18. Mr. Alexei P Kireyev, 2006. "The Macroeconomics of Remittances: The Case of Tajikistan," IMF Working Papers 2006/002, International Monetary Fund.
    19. 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.
    20. Peter Christoffersen & Peter Doyle, 2000. "From Inflation to Growth," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 8(2), pages 421-451, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    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. 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.
    3. Bożena, Chrząstowska, 2019. "Labour Migration and Remittances in Eurasia," MPRA Paper 106628, University Library of Munich, Germany, revised 2019.
    4. Julien Vercueil, 2012. "Panorama économique de l'espace eurasiatique," Post-Print halshs-01420847, HAL.
    5. 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.
    6. 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).
    7. 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.
    8. 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).
    9. 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.
    10. Binhan Elif, Yilmaz, 2018. "Remittances, and Human Development in Central Asia," MPRA Paper 106580, University Library of Munich, Germany, revised 2018.
    11. 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.
    12. 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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Richard Pomfret, 2009. "Central Asia after Two Decades of Independence," School of Economics Working Papers 2009-32, University of Adelaide, School of Economics.
    2. Marcelo Ochoa & Walter Orellana Rocha, 2002. "Una aproximación no lineal a la relación inflación - crecimiento económico: Un estudio para América Latina," Revista de Análisis del BCB, Banco Central de Bolivia, vol. 5(2), pages 87-126, December.
    3. Akramov, Kamiljon T. & Omuraliev, Nurbek, 2009. "Institutional change, rural services, and agricultural performance in Kyrgyzstan:," IFPRI discussion papers 904, International Food Policy Research Institute (IFPRI).
    4. Tsionas, Efthymios G. & Christopoulos, Dimitris K., 2003. "Maastricht convergence and real convergence: European evidence from threshold and smooth transition regression models," Journal of Policy Modeling, Elsevier, vol. 25(1), pages 43-52, January.
    5. Richard Pomfret, 2006. "Coordinating Aid for Regional Cooperation Projects: The Experience of Central Asia," The Institute for International Integration Studies Discussion Paper Series iiisdp163, IIIS.
    6. Jesús Crespo Cuaresma & Maria Antoinette Silgoner, 2004. "Groth effects of inflation in Europe: How low is too low, how high is too high?," Vienna Economics Papers 0411, University of Vienna, Department of Economics.
    7. Kym Anderson & Ernesto Valenzuela, 2021. "What impact are subsidies and trade barriers abroad having on Australasian and Brazilian agriculture?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 65(2), pages 265-290, April.
    8. Boris Najman & Richard Pomfret & Gael Raballand & Patricia Sourdin, 2005. "How are Oil Revenues Redistributed in an Oil Economy? The Case of Kazakhstan," School of Economics and Public Policy Working Papers 2005-18, University of Adelaide, School of Economics and Public Policy.
    9. repec:zbw:iamodp:158730 is not listed on IDEAS
    10. Ichiro Iwasaki & Taku Suzuki, 2016. "Radicalism Versus Gradualism: An Analytical Survey Of The Transition Strategy Debate," Journal of Economic Surveys, Wiley Blackwell, vol. 30(4), pages 807-834, September.
    11. Özbilgin, Murat H., 2012. "Currency substitution, inflation, and welfare," Journal of Development Economics, Elsevier, vol. 99(2), pages 358-369.
    12. Kym Anderson, 2009. "Distorted Agricultural Incentives and Economic Development: Asia's Experience," The World Economy, Wiley Blackwell, vol. 32(3), pages 351-384, March.
    13. Anderson, Kym & Croser, Johanna L., 2009. "Distribution of Agricultural NRAs across Countries and Products, 1955-84 and 1985-2007," Agricultural Distortions Working Paper Series 50307, World Bank.
    14. Kym Anderson & Alberto Valdés, 2008. "Distortions to Agricultural Incentives in Latin America," World Bank Publications - Books, The World Bank Group, number 6604.
    15. Tomasz Mickiewicz & Anna Zalewska, 2002. "Deindustrialisation. Lessons from the StructuralOutcomes of Post-Communist Transition," William Davidson Institute Working Papers Series 463, William Davidson Institute at the University of Michigan.
    16. Imran H. Shah & Ian Corrick & Abdul Saboor, 2018. "How should Central Banks Respond to Non-neutral Inflation Expectations?," Open Economies Review, Springer, vol. 29(2), pages 321-351, April.
    17. Christensen, Garry & Pomfret, Richard, 2007. "Distortions to Agricultural Incentives in the Kyrgyz Republic," Agricultural Distortions Working Paper Series 48361, World Bank.
    18. Kym Anderson & Johanna Croser, 2011. "Novel indicators of the trade and welfare effects of agricultural distortions in OECD countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 147(2), pages 269-302, June.
    19. Iwasaki, Ichiro & 岩﨑, 一郎 & イワサキ, イチロウ, 2003. "Transition Strategies and Economic Performances in the Former Soviet States: A Comparative Institutional View," Discussion Paper Series a433, Institute of Economic Research, Hitotsubashi University.
    20. Aktoty Aitzhanova & Shigeo Katsu & Johannes F. Linn & Vladislav Yezhov (ed.), 2014. "Kazakhstan 2050: Toward a Modern Society for All," Books, Emerging Markets Forum, edition 1, number kazakh2050, May.
    21. Hossain, A., 2005. "Granger-Causality Between Inflation, Money Growth, Currency Devaluation and Economic Growth in Indonesia, 1951-2002," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 2(3), pages 45-68.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unu:wpaper:wp-2010-053. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Siméon Rapin (email available below). General contact details of provider: https://edirc.repec.org/data/widerfi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.