Central Asia and the New Global Economy:

Central Asia's new states have been buffeted by financial ill winds from East Asia and Russia and by Islamic revolutionary movements from the south. In the context of widespread and deepening impoverishment, endemic corruption, gaping inequalities, and external pressures to undertake difficult reforms, economic crisis threatens to expand into profoundly destabilizing social and political crises as well.

This volume analyzes the geopolitical and macroeconomic situation of Central Asia, local policy responses to the current crisis, and alternative scenarios for the foreseeable future. It devotes particular attention to Kazakhstan, Turkmenistan, and Uzbekistan. Beyond the immediate case, the book focuses on policy measures and institutional improvements that could most directly impact the capacity of economies in the region to adapt to the globalization process.

Oksana Reznikova is a senior research associate at the Institute of World Economy and International Relations (IMEMO), Russian Academy of Sciences Boris Rumer is an associate at the Davis Center at Harvard University Eskender Trushin and Eshref Trushin are economists conducting research in Tashkent, Uzbekistan Stanislav Zhukov is a senior research associate at the Institute of World Economy and International Relations (IMEMO), Russian Academy of Sciences

List of Tables

vii

Preface

ix

Acknowledgments

xiii

Economic Crisis and Growing Intraregional Tensions

3

(54)

Boris Rumer

The Economic Development of Central Asia in the 1990s

57

(29)

Stanislav Zhukov

Basic Problems of Market Transition in Central Asia

86

(63)

Eskender Trushin

Eshref Trushin

Adapting to Globalization

149

(25)

Stanislav Zhukov

Foreign Trade and Investment

174

(20)

Stanislav Zhukov

Kazakhstan and Uzbekistan: The Economic Consequences of Membership in the World Trade Organization

194

(25)

Eskender Trushin

Eshref Trushin

Central Asia and the Asian-Pacific Region

219

(33)

Oksana Reznikova

Central Asia: Midterm Economic Prospects

252

(24)

Stanislav Zhukov

Index

276

(12)

About the Editors and Contributors

288

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

FREE SHIPPING

Amazon no longer offers textbook rentals. We do!

Central Asia and the New Global Economy: Critical Problems, Critical Choices: Critical Problems, Critical Choices

Summary

Author Biography

Table of Contents

Supplemental Materials