Consequences of Creating a Market Economy: Evidence from Household Surveys in Central Asia [Illustrated] [Hardcover]

Kathryn H. Anderson (Author), Richard W. T. Pomfret (Author)

Book Description

ISBN-10: 1843761696 | ISBN-13: 978-1843761693 | Publication Date: August 2003 | Edition: illustrated edition

This work uses household survey data from five Central Asian countries to analyse the important consequences of, and elements that constitute, the creation of a market economy. The countries studied - Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan - had taken minimal action towards creating a market economy before the dissolution of the USSR in late 1991. From similar initial conditions they have pursued different post-independence economic strategies, making them ideal candidates for comparative analysis. The pivotal question concerns the determination of living standards. Who gained and who lost from the transition to a market economy? Which characteristics are rewarded in a new market economy? How do national policies and other systematic factors affect these outcomes? The authors also address other important issues that have emerged during transition debates: the position of women and the role of small businesses. The book analyses the gender issue in the narrow, but significant, sense of what happened to women in the labour market and the authors also analyze the characteristics of households with non-farm businesses.

Editorial Reviews

About the Author

Kathryn Anderson, Associate Professor of Economics, Vanderbilt University and Richard Pomfret, Professor of Economics, University of Adelaide, Australia

Product Details

• Hardcover: 224 pages
• Publisher: Edward Elgar Pub; illustrated edition edition (August 2003)
• Language: English
• ISBN-10: 1843761696
• ISBN-13: 978-1843761693
• Product Dimensions: 9.2 x 6.3 x 1 inches
• Shipping Weight: 1.2 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #5,935,541 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

5.0 out of 5 stars Unquestionably meant for advanced students and scholars, July 14, 2004

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This review is from: Consequences of Creating a Market Economy: Evidence from Household Surveys in Central Asia (Hardcover)

Consequences Of Creating A Market Economy: Evidence From Household Surveys In Central Asia collects household survey data from five Central Asian countries - Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan - each put forth some effort toward creating a market economy before the breakup of the USSR in late 1991. Each nation began with similar conditions, yet pursued a different economic strategy after receiving independence. The resulting data concerning living standards, winners and losers in the transition to a market economy, the influence of national policies and other systemic factors, women's issues in the new labor market, and much more helps paint a revealing picture of the economic challenges facing struggling nations today. Evaluations of the statistical data do have a high level of complexity and involve calculus; Conseq-uences Of Creating A Market Economy is unquestionably meant for advanced students and scholars. A revealing, insightful text, highly recommended.