This paper discusses, in a comparative manner, the dynamics of economic transition in the Central Asian Republics of the Former Soviet Union (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 shows the necessity for a speedy economic recovery, in view of possible serious conflicts that can emerge in and between the countries that are situated along the old 'silk route'.
|Series||ISS working papers. General series|
- ISS Working Paper-General Series