Central Asia, though referred to as a single region, consists of five culturally and ethnically diverse countries that have followed different political and economic transformation paths in the last 25 years since independence from the Soviet Union. After experiencing more than a decade of...

The economic role and prospects of Central Asia are still not fully appreciated by the world. Over the last 20 years, the countries of the region have made significant progress in their development, and have far-reaching growth prospects. The region’s GDP has been increasing at an average rate...

Ever since the fall of the Berlin Wall and the implosion of the Soviet Union, centrally planned economies in Eastern and Central Europe and Central Asia have been struggling to convert their economic systems from central planning to the market. One facet of this transition is accounting...

Pt. 1: Introduction and background. I: Introduction. II: Macroeconomic overview. Pt. 2: Regional sector reviews. III: The energy sector. IV: Transportation. V: Telecommunications. VI: Trade and payment systems. VII: Summary and conclusions. Strategies for increasing economic cooperation in...