About the Book
As the title of the book Global Companion to Central Asian Economy indicates that this book is a companion for those who have a keen interest in the economy of Central Asian countries like Kazakhstan, Tajikistan, Turkemenistan, Uzbekistan, Kyrgyzstan, Mongolia and Russia. This book provides critical examination tradition, transition and transformation of the economic development of each of these countries. The Central Asian Economy (CAE), just after the breakup of Soviet Union, witnessed a period of prolonged slow and negative growth. The collapse of the Soviet Union and the Council for Mutual Economic Assistance has left the economy of these countries in a state of shock. But it saw a rebounding growth from 1997-2009, as the GDP grew by 6.1% per year, as a whole compared with negative growth (-8.0) in the previous five years. All the different aspects that takes its’ role in framing and shaping the economy of these regions are clearly highlighted.
CONTENTS
Preface
1. Introduction• Status of Economic Developments • Structural Change and Reforms • Inflation • External Sector Developments • Poverty • Short-Term Prospects (2005–2007) • Mapping the Future • Business as Usual • Risks • Benchmarking Industrial Competitiveness • Recent Industrial Performance • Comparisons with Transition Economies • Explaining Industrial Competitiveness • A Snapshot of the Region • Macroeconomic Policies and Trends • Forecasting Method and World Outlook • Mongolia Economic Assessment • Xinjiang Uygur Autonomous Region of the People’sRepublic of China: Economic Assessment • Conclusion
2. Kazakhstan’s Economy• Histotical Developments • Banking and Finance • Fiscal Management • Natural Resources • Agriculture • Industry • Energy and Power • Workforce • International Financial Relations • Transportation and Telecommunications • Telecommunications
3. Tajikistan’s Economy• Historical Development • Government’s Economic Policy • Agriculture • Industry • Standard of Living • International Economic Relations • Transportation and Telecommunications • Telecommunications • Tourism
4. Turkmenistan’s Economy• Historical Economics Development • Economic Structure • Fiscal and Monetary Conditions • Foreign Investments • Economic Agreements Abroad • Natural Resources • Agriculture • Industry • Labour • Foreign Trade • Transportation and Telecommunications • Telecommunications
5. Uzbekistan’s Economy• The Government Economic Policy • Natural Resources • Energy • Agriculture • Industry • Labour Force • Foreign Trade Relations • Foreign Investment • Transportation and Telecommunications • Tourism
6. Kyrgyzstan’s Economy• History of Economic Development • Financial System • Natural Resources • Agriculture • Industry • Energy • Foreign Trade • Transportation and Telecommunications • Tourism
7. Mongolia’s Economy• Historical Development • Socialist Economic Framework • Natural Resources • Agriculture • Industry • Services • Labour Force • Foreign Economic Relations • Tourism • Transportation • Telecommunications
8. Russian Economy• Economic Structure • Historical Background • Economic Reform in the 1990s • Privatization • Banking and Finance • Taxation • The Labour Force • Natural Resources • Agriculture • Energy • Industry • Transportation and Telecommunications • Foreign Economic Relations
BibliographyIndex
About the Book
Supriya Iyer is an Isaac Newton Trust Affiliated Lecturer at the Faculty of Economics and a Fellow of St Catharine’s College. Dr. Iyer has also been a Visiting Scholar at Harvard University and the National Bureau of Economic Research. Her research interests are in development economics and applied microeconomics, focusing particularly on the microeconomics of development, economics of religion, economic demography and education. Her research includes papers published on India, Kenya, Brazil, and Bangladesh. She has worked with Indian academics both in India and abroad; her work on India includes papers on education differences by religion and caste, affirmative action policies, missing women, and demographic differences by religion in India; has in recent years been conducting a large economic survey of religious organisations in India examining how they innovate with respect to the provision of religious and non-religious services by providing health, education and other services; working currently on a project on madrasa education in India.