Resource management and transition in Central Asia, Azerbaijan, and Mongolia
dc.contributor.author | Pomfret, Richard | |
dc.date.accessioned | 2011-09-30T02:03:18Z | |
dc.date.available | 2011-09-30T02:03:18Z | |
dc.date.issued | 2011-06 | |
dc.description | For more about the East-West Center, see <a href="http://www.eastwestcenter.org/">http://www.eastwestcenter.org/</a> | |
dc.description.abstract | This paper presents a comparative analysis of resource-rich Asian transition economies. For Uzbekistan and Turkmenistan the ability to earn revenue from cotton exports permitted avoidance of reform. Oil in Azerbaijan and Kazakhstan was associated with large-scale corruption, but with soaring revenues in the 2000s their institutions evolved and to some extent improved. Kyrgyzstan and Mongolia illustrate the challenge facing a small economy with a large potential mineral resource, with the former suffering from competition for rents among the elite and the latter from lost opportunities. Overall the countries illustrate that a resource curse is not inevitable among transition economies, but a series of hurdles need to be surmounted to benefit from resource abundance. Neither the similar initial institutions nor those created in the 1990s are immutable. | |
dc.format.extent | 29 p. | |
dc.identifier.uri | http://hdl.handle.net/10125/21413 | |
dc.language.iso | en-US | |
dc.publisher | Honolulu, HI : East-West Center | |
dc.relation.ispartofseries | East-West Center working papers. Economics series ; no.118 | |
dc.subject.lcsh | Natural resources - Azerbaijan - Management | |
dc.subject.lcsh | Natural resources - Mongolia - Management | |
dc.subject.lcsh | Natural resources - Uzbekistan - Management | |
dc.subject.lcsh | Natural resources - Turkmeninstan - Management | |
dc.subject.lcsh | Natural resources - Kazakhstan - Management | |
dc.subject.lcsh | Natural resources - Kyrgyzstan - Management | |
dc.subject.lcsh | Resource-based communities - Asia, Central | |
dc.subject.lcsh | Resource-based communities - Azerbaijan | |
dc.subject.lcsh | Resource-based communities - Mongolia | |
dc.title | Resource management and transition in Central Asia, Azerbaijan, and Mongolia | |
dc.type | Papers | |
dc.type.dcmi | Text |