This Occasional Paper provides an overview of the economic reform experiences of the Central Asian states of the former Soviet Union since their independence at the turn of the decade. The choice of countries reflects not only a geographical grouping, but also similarities in the types of transition challenges faced by these countries notwithstanding considerable variations in their sizes, ethnic composition, resource endowments, and economic structures. The paper attempts to identify a number of key macroeconomic and structural areas where the slower reformers in the group might benefit from the experiences of the faster reformers.
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At the outset of their transition to a market economy, the social and economic indicators in the Central Asian states of the former Soviet Union-Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan-generally fell short of the standards of the region as a whole. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
correspondent account balances, sharp output declines, faster reformers, expenditure arrears, credit auctions, stabilization gains, general government sector, multiple currency practices, external debt management, interenterprise arrears, foreign exchange auctions, traditional trading partners, central bank financing, traditional partners, surrender requirements, ruble zone, gas exports, currency substitution, directed credits, household deposits, public investment programs, correspondent accounts, extrabudgetary funds, specialized banks, central bank credit Key Phrases - Capitalized Phrases (CAPs): (learn more)
Kyrgyz Republic, Central Asian, International Monetary Fund, Soviet Union, Working Paper, World Bank, Staff Country Reports, Transition Report, Central Bank of Russia, European Union, Ron van Rooden, Ivailo Izvorski, National Bank of Kazakhstan, Study of the Soviet Economy, World Economic Outlook, Adrienne Cheasty, Central Bank Reforms, Erik Offerdal, Johannes Mueller, Julian Berengaut, Mauro Mecagni New!
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At the outset of their transition to a market economy, the social and economic indicators in the Central Asian states of the former Soviet Union-Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan-generally fell short of the standards of the region as a whole. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
correspondent account balances, sharp output declines, faster reformers, expenditure arrears, credit auctions, stabilization gains, general government sector, multiple currency practices, external debt management, interenterprise arrears, foreign exchange auctions, traditional trading partners, central bank financing, traditional partners, surrender requirements, ruble zone, gas exports, currency substitution, directed credits, household deposits, public investment programs, correspondent accounts, extrabudgetary funds, specialized banks, central bank credit Key Phrases - Capitalized Phrases (CAPs): (learn more)
Kyrgyz Republic, Central Asian, International Monetary Fund, Soviet Union, Working Paper, World Bank, Staff Country Reports, Transition Report, Central Bank of Russia, European Union, Ron van Rooden, Ivailo Izvorski, National Bank of Kazakhstan, Study of the Soviet Economy, World Economic Outlook, Adrienne Cheasty, Central Bank Reforms, Erik Offerdal, Johannes Mueller, Julian Berengaut, Mauro Mecagni New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Back Cover | Surprise Me!
Citations (learn more)
This book cites 21
books:
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- World Economic Outlook: April 2002 : Recessions and Recoveries by International Monetary Fund on page 15, page 22, and page 56
- Policy Experiences and Issues in the Baltics, Russia and Other Countries of the (Occasional Paper: 133) by Daniel a. Citrin on page 15, page 45, and page 47
- Financial Sector Development in the Pacific, Volume 2: Country Reports by Marion Bond on page 15, page 46, and page 50
- Russian Federation (Economic Review) by John Odling-Smee on page 34, and page 48
- Exit Strategies (Occasional Paper) by International Monetary Fund on page 76
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