Resource management and transition in Central Asia, Azerbaijan, and Mongolia

dc.contributor.authorPomfret, Richard
dc.date.accessioned2011-09-30T02:03:18Z
dc.date.available2011-09-30T02:03:18Z
dc.date.issued2011-06
dc.descriptionFor more about the East-West Center, see <a href="http://www.eastwestcenter.org/">http://www.eastwestcenter.org/</a>
dc.description.abstractThis 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.extent29 p.
dc.identifier.urihttp://hdl.handle.net/10125/21413
dc.language.isoen-US
dc.publisherHonolulu, HI : East-West Center
dc.relation.ispartofseriesEast-West Center working papers. Economics series ; no.118
dc.subject.lcshNatural resources - Azerbaijan - Management
dc.subject.lcshNatural resources - Mongolia - Management
dc.subject.lcshNatural resources - Uzbekistan - Management
dc.subject.lcshNatural resources - Turkmeninstan - Management
dc.subject.lcshNatural resources - Kazakhstan - Management
dc.subject.lcshNatural resources - Kyrgyzstan - Management
dc.subject.lcshResource-based communities - Asia, Central
dc.subject.lcshResource-based communities - Azerbaijan
dc.subject.lcshResource-based communities - Mongolia
dc.titleResource management and transition in Central Asia, Azerbaijan, and Mongolia
dc.typePapers
dc.type.dcmiText

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