The authors turn to the large family of institutions that came into existence in post-Soviet Eurasia (and, in some ways, beyond it) over the last two decades. The researchers review their current state, agenda, real and perceived mandate, and their respective achievements and constraints. The...

Building upon earlier work by Willenbockel (2013; MPRA Paper No.51501), this study provides an extended ex-ante computable general equilibrium (CGE) assessment of the Tripartite Free Trade Agreement between the member states of the Common Market for Eastern and Southern Africa, the East African...

Can governments still use trade to reward and punish partner countries? While WTO rules and the pressures of globalization restrict states' capacity to manipulate trade policies, politicization of trade is likely to occur where governments intervene in markets. We examine state ownership of...

The aim of the paper is to understand how the structure of government-business relations influences the quality of institutions and economic development in Kazakhstan and Uzbekistan. The paper identifies the key elements of the business community engaged in negotiations with the state, explores...

The EDB Eurasian Integration Yearbook publishes papers, reports, and information materials addressing wide spectrum of pertinent issues of regional integration, in particular its economic and institutional aspects, the theories of regional integration, and relevant integrational experience.

We analyze the determinants of portfolio yield of microfinance institutions in Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Azerbaijan, Mongolia, Afghanistan, and China over the period 1998-2011. We confirm that targeting women borrowers improves the financial results of microfinance...

Unemployment hysteresis is an important but rather controversial issue in applied economics because the existence of hysteresis in unemployment rate poses a challenge to a central building-block of macroeconomic theory. The current paper chooses five Central Asian countries, namely Kazakhstan,...

This paper is about relationship between official development assistance, foreign direct investment and domestic investment in landlocked and less studied young economies of Central Asia. It is important for donor countries to understand whether their investments induce foreign direct investment...

Using a brand new comprehensive dataset, provided by the Eurasian Development Bank, the paper elaborates on the state of regional integration in Central Asia. We find that although the economic links between the Central Asian countries are more pronounced than between that of the CIS in several...