UPHEAVAL ALONG THE SILK ROUTE: THE DYNAMICS OF ECONOMIC TRANSITION IN CENTRAL ASIA
✍ Scribed by MAX SPOOR
- Publisher
- John Wiley and Sons
- Year
- 1997
- Tongue
- English
- Weight
- 150 KB
- Volume
- 9
- Category
- Article
- ISSN
- 0954-1748
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✦ Synopsis
This paper discusses, in a comparative manner, the dynamics of economic transition in the Central Asian republics of the FSU (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan), since their independence. The collapse of the Soviet Union in 1991, the reform policies that were implemented and the new external market environment, are seen as important factors to explain the dramatic economic crisis that is still continuing. The paper makes a plea to recognize the diversity and complexity of the economic transition in Central Asia and show the necessity for a speedy economic recovery, in view of possible serious con¯icts that can emerge in and between the countries that are situated along the old `silk route'.