The Central Asian Economies in the Twenty-First Century : Paving a New Silk Road / Richard Pomfret.

Format:

Book

Author/Creator:

Pomfret, Richard, Author.

Series:

Princeton scholarship online.

Princeton scholarship online

Language:

English

Subjects (All):

Economic development--Asia, Central.

Economic development.

Asia, Central--Economic conditions--21st century.

Asia, Central.

Physical Description:

1 online resource (306 pages)

Place of Publication:

Princeton, NJ : Princeton University Press, [2019]

Language Note:

In English.

Summary:

This book analyzes the Central Asian economies of Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan, from their buffeting by the commodity boom of the early 2000s to its collapse in 2014. Richard Pomfret examines the countries' relations with external powers and the possibilities for development offered by infrastructure projects as well as rail links between China and Europe.The transition of these nations from centrally planned to market-based economic systems was essentially complete by the early 2000s, when the region experienced a massive increase in world prices for energy and mineral exports. This raised incomes in the main oil and gas exporters, Kazakhstan and Turkmenistan; brought more benefits to the most populous country, Uzbekistan; and left the poorest countries, the Kyrgyz Republic and Tajikistan, dependent on remittances from migrant workers in oil-rich Russia and Kazakhstan. Pomfret considers the enhanced role of the Central Asian nations in the global economy and their varied ties to China, the European Union, Russia, and the United States. With improved infrastructure and connectivity between China and Europe (reflected in regular rail freight services since 2011 and China's announcement of its Belt and Road Initiative in 2013), relaxation of United Nations sanctions against Iran in 2016, and the change in Uzbekistan's presidency in late 2016, a window of opportunity appears to have opened for Central Asian countries to achieve more sustainable economic futures.

Contents:

Frontmatter

CONTENTS

List of Images and Tables

Preface

Abbreviations

1. Introduction: Reconnecting Central Asia as the Crossroads of Eurasia

2. Creating Market-Based Economies

3. The Role of Natural Resources

4. Kazakhstan

5. Uzbekistan

6. Turkmenistan

7. The Kyrgyz Republic

8. Tajikistan

9. Regional Problems and Opportunities

10. Central Asia in the Wider World

11. Central Asia at the Center of Eurasia: Forging a New Silk Road

References

Index

A NOTE ON THE TYPE

Notes:

Previously issued in print: 2019.

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 06. Apr 2020)

ISBN:

9780691185408

0691185409

OCLC:

1062360735