Central Asia’s Transition After Fifteen Years: Growth and Policy Choices

John Malcolm Dowling () and Ganeshan Wignaraja
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John Malcolm Dowling: School of Economics and Social Sciences, Singapore Management University

No 04-2006, Working Papers from Singapore Management University, School of Economics

Abstract: This paper presents a coherent and systematic analysis of the collapse and subsequent revival of the Central Asian Republics (CARs) since 1990. The focus is on the pattern of growth and structural change during the cycle of decline and subsequent revival in the CARs which have been inadequately analyzed in the literature on transition. The paper relates economic performance to initial conditions, country characteristics and policies. Within this framework, it proposes a simple typology of policies (including a new Type III set of policies on regional cooperation and industrial competitiveness) and relates them to the cycle of decline and revival in the CARs. It goes on to examine medium-term prospects and policy needs for the CARs.

Keywords: growth; economic reform; regional cooperation; industrial competitiveness; Central Asia; transitional economies (search for similar items in EconPapers)
Pages: 45 pages
Date: 2006-01
New Economics Papers: this item is included in nep-dev and nep-tra
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Citations: View citations in EconPapers (7)

Published in SMU Economics and Statistics Working Paper Series

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