Central Asia since 1991: the experience of the new independent states

Type Working Paper - OECD DEVELOPMENT CENTRE
Title Central Asia since 1991: the experience of the new independent states
Author(s)
Volume Working Paper No. 212
Publication (Day/Month/Year) 2003
URL http://www.oecd.org/dataoecd/23/58/5961227.pdf
Abstract
The five former Soviet republics have become separate states, developing at different rates and in different directions, and with different political and economic regimes. As a result, the cohesion of the region has broken down and economic development is hampered by internal and regional political troubles. Poverty has risen dramatically and bad governance is inhibiting efficient exploitation of natural resources insome countries. The transition to market economies, however, has been largely completed, even if the markets themselves are imperfect. This raises hopes for the long-term future of the region.

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