Central Asia after Fifteen Years of Transition: Growth, Regional Cooperation, and Policy Choices

Malcolm Dowling () and Ganeshan Wignaraja
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Malcolm Dowling: Singapore Management University, Postal: Singapore,

No 3, Working Papers on Regional Economic Integration from Asian Development Bank

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 yet to be adequately 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. 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)
JEL-codes: F15 N10 O40 P20 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2006-07-01
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Citations: View citations in EconPapers (15)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:adbrei:0003

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