What We Are Reading Today: The Central Asian Economies Since Independence

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Tue, 2018-12-04 22:38

Author: Richard Pomfret

The 9/11 attacks, the US 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 as well as  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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Source: FS – All – Interesting – News
What We Are Reading Today: The Central Asian Economies Since Independence