Overview

""Central Asian Economies in Transition focuses on Central Asian countries (Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan, Tajikistan and Azerbaijan) and their economic ties with Turkey. The book first summarizes the current state of Central Asian economies, enhanced through statistics and details [of] the economic and political challenges they face. The following parts cover the topics of economic integration and globalization, economic growth and development, international trade, and the energy sector. ""Central Asian Economies in Transition is based on selected papers from the series of International Conferences on Eurasian Economies, investigating Central Asian countries in a comparative manner, as well as [on] specially invited articles by prominent academicians; all edited with coherence and exhaustiveness in mind. While some chapters are purely descriptive in nature, others include econometric analyses.""The target audience for Central Asian Economies in Transition is anyone who is interested in Central Asian economies, their transition process towards a market economy regime and their integration to the global world. This includes academicians from any field of social sciences, as well as decision makers, politicians, businessmen and journalists.""I believe that the reader will get a comprehensive picture of the Central Asian economies with specific details highlighted. I would like to take this opportunity to thank the editors for their painstaking efforts during the preparation of this book.""– Halil Seyidoğlu, Professor of Economics, Doğuş University

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9781443840354

Table of Contents

Reviews

Central Asian Economies in Transition offers a broad array of theory, field research and interdisciplinary analyses on the economic and political issues of these countries after they gained their independence in the 1990s. I believe this book will be a good guide for researchers, business world, and policy makers. - Prof. Mehmet Emin Karahan, Rector, Beykent University Central Asian Economies in Transition weaves together ideas from across various social sciences and shows that for these developing countries, economics, political economy and politics are intertwined and it is impossible to abstract economics from politics. - Prof. Yadigar Izmirli, Rector, Istanbul Aydin University Central Asian Economies in Transition represents a comprehensive understanding of each aspect of Central Asian countries from development to trade, and to economic integration, and serves as an insider guide to people and to institutions who wish navigate the choppy waters of these economies. - Prof. Turan Yazgan, President, Turk Dunyasi Arastirmalari Vakfi (Foundation for Research about Turks all around the World) Central Asian Economies in Transition explains in a potent and engaging way, the roots of the problems and risks these economies face and hence serves as a blueprint for people and corporations who want to conduct business in the region. - Prof. Erol Eren, Dean, Faculty of Economic and Administrative Sciences, Beykent University Central Asian Economies in Transition is a well grounded discussion of the regional issues, drawing on statistical data. We all live in a world where policy decisions are increasingly influenced by discussions as to their true meaning. This book provides an essential analysis bridging the gap between policy and their statistical interpretation. - Prof. Mehmet Kaytaz, Dean, Faculty of Economic and Administrative Sciences, Isik University Central Asian Economies in Transition utilizes a state-of-the art econometric analysis of causality relationships between economic variables such as growth, trade, human development and energy consumption, arriving at sound conclusions backed by empirical data. - Prof. Adnan Mazmanoglu, Chair, Statistics Department, Istanbul Aydin University; Elected Member, International Statistical Institute Central Asia has become a center of attraction for all the great powers of the world. In a neo-liberal economic system, this creates some risks as well as some advantages for Central Asian nations. 'Central Asian Economies in Transition' includes articles written on economic policies in various fields of the regional powers. The articles convey how those nations have minimized the risks and taken the right approaches to pursue effective policies in a region where international interest is rampant. - Prof. Ilker Birdal, Istanbul Aydin University Central Asian Economies in Transition lays down a clear framework, complete with tools and steps required for understanding the region's history, culture and laws. - Prof. Faruk Andac, Cag University Central Asian Economies in Transition gives great insight into understanding and resolving Central Asian countries' various dilemmas with an approach that is both theoretically grounded and practically applicable for the culture. - Prof. Sureyya Hic, Kocaeli University Central Asian Economies in Transition is a must read for anyone who needs a firm grasp of these economies both from a descriptive and an analytic perspective. It provides an essential exploration as Central Asian economies grow in importance and integrate into the global world. - Asst. Prof. Ramazan Kurtoglu, Chair, Department of International Trade, Istanbul Aydin University Central Asian Economies in Transition brings to light the importance of Central Asian countries in the economic system of today's world. Russia as a major player in the world's economy and politics still relies on the resources in Central Asia. Academicians, policy makers, as well as anyone who is interested in these issues, will benefit greatly from this book. - Prof. Saziye Gazioglu, University of Aberdeen and Middle East Technical University

""Central Asian Economies in Transition offers a broad array of theory, field research and interdisciplinary analyses on the economic and political issues of these countries after they gained their independence in the 1990s. I believe this book will be a good guide for researchers, business world, and policy makers.""– Prof. Mehmet Emin Karahan, Rector, Beykent University""Central Asian Economies in Transition weaves together ideas from across various social sciences and shows that for these developing countries, economics, political economy and politics are intertwined and it is impossible to abstract economics from politics.""– Prof. Yadigar İzmirli, Rector, Istanbul Aydın University""Central Asian Economies in Transition represents a comprehensive understanding of each aspect of Central Asian countries from development to trade, and to economic integration, and serves as an insider guide to people and to institutions who wish navigate the choppy waters of these economies.""– Prof. Turan Yazgan, President, Türk Dünyası Araştırmaları Vakfı (Foundation for Research about Turks all around the World)""Central Asian Economies in Transition explains in a potent and engaging way, the roots of the problems and risks these economies face and hence serves as a blueprint for people and corporations who want to conduct business in the region.""– Prof. Erol Eren, Dean, Faculty of Economic and Administrative Sciences, Beykent University""Central Asian Economies in Transition is a well grounded discussion of the regional issues, drawing on statistical data. We all live in a world where policy decisions are increasingly influenced by discussions as to their true meaning. This book provides an essential analysis bridging the gap between policy and their statistical interpretation.""– Prof. Mehmet Kaytaz, Dean, Faculty of Economic and Administrative Sciences, Işık University""Central Asian Economies in Transition utilizes a state-of-the art econometric analysis of causality relationships between economic variables such as growth, trade, human development and energy consumption, arriving at sound conclusions backed by empirical data.""– Prof. Adnan Mazmanoğlu, Chair, Statistics Department, Istanbul Aydın University; Elected Member, International Statistical Institute""Central Asia has become a center of attraction for all the great powers of the world. In a neo-liberal economic system, this creates some risks as well as some advantages for Central Asian nations. 'Central Asian Economies in Transition' includes articles written on economic policies in various fields of the regional powers. The articles convey how those nations have minimized the risks and taken the right approaches to pursue effective policies in a region where international interest is rampant.""– Prof. İlker Birdal, Istanbul Aydın University""Central Asian Economies in Transition lays down a clear framework, complete with tools and steps required for understanding the region's history, culture and laws.""– Prof. Faruk Andaç, Çağ University""Central Asian Economies in Transition gives great insight into understanding and resolving Central Asian countries' various dilemmas with an approach that is both theoretically grounded and practically applicable for the culture.""– Prof. Süreyya Hiç, Kocaeli University""Central Asian Economies in Transition is a must read for anyone who needs a firm grasp of these economies both from a descriptive and an analytic perspective. It provides an essential exploration as Central Asian economies grow in importance and integrate into the global world.""– Asst. Prof. Ramazan Kurtoğlu, Chair, Department of International Trade, Istanbul Aydın University""Central Asian Economies in Transition brings to light the importance of Central Asian countries in the economic system of today's world. Russia as a major player in the world's economy and politics still relies on the resources in Central Asia. Academicians, policy makers, as well as anyone who is interested in these issues, will benefit greatly from this book.""– Prof. Şaziye Gazioğlu, University of Aberdeen and Middle East Technical University

Central Asian Economies in Transition offers a broad array of theory, field research and interdisciplinary analyses on the economic and political issues of these countries after they gained their independence in the 1990s. I believe this book will be a good guide for researchers, business world, and policy makers. - Prof. Mehmet Emin Karahan, Rector, Beykent University Central Asian Economies in Transition weaves together ideas from across various social sciences and shows that for these developing countries, economics, political economy and politics are intertwined and it is impossible to abstract economics from politics. - Prof. Yadigar Izmirli, Rector, Istanbul Aydin University Central Asian Economies in Transition represents a comprehensive understanding of each aspect of Central Asian countries from development to trade, and to economic integration, and serves as an insider guide to people and to institutions who wish navigate the choppy waters of these economies. - Prof. Turan Yazgan, President, Turk Dunyasi Arastirmalari Vakfi (Foundation for Research about Turks all around the World) Central Asian Economies in Transition explains in a potent and engaging way, the roots of the problems and risks these economies face and hence serves as a blueprint for people and corporations who want to conduct business in the region. - Prof. Erol Eren, Dean, Faculty of Economic and Administrative Sciences, Beykent University Central Asian Economies in Transition is a well grounded discussion of the regional issues, drawing on statistical data. We all live in a world where policy decisions are increasingly influenced by discussions as to their true meaning. This book provides an essential analysis bridging the gap between policy and their statistical interpretation. - Prof. Mehmet Kaytaz, Dean, Faculty of Economic and Administrative Sciences, Isik University Central Asian Economies in Transition utilizes a state-of-the art econometric analysis of causality relationships between economic variables such as growth, trade, human development and energy consumption, arriving at sound conclusions backed by empirical data. - Prof. Adnan Mazmanoglu, Chair, Statistics Department, Istanbul Aydin University; Elected Member, International Statistical Institute Central Asia has become a center of attraction for all the great powers of the world. In a neo-liberal economic system, this creates some risks as well as some advantages for Central Asian nations. 'Central Asian Economies in Transition' includes articles written on economic policies in various fields of the regional powers. The articles convey how those nations have minimized the risks and taken the right approaches to pursue effective policies in a region where international interest is rampant. - Prof. Ilker Birdal, Istanbul Aydin University Central Asian Economies in Transition lays down a clear framework, complete with tools and steps required for understanding the region's history, culture and laws. - Prof. Faruk Andac, Cag University Central Asian Economies in Transition gives great insight into understanding and resolving Central Asian countries' various dilemmas with an approach that is both theoretically grounded and practically applicable for the culture. - Prof. Sureyya Hic, Kocaeli University Central Asian Economies in Transition is a must read for anyone who needs a firm grasp of these economies both from a descriptive and an analytic perspective. It provides an essential exploration as Central Asian economies grow in importance and integrate into the global world. - Asst. Prof. Ramazan Kurtoglu, Chair, Department of International Trade, Istanbul Aydin University Central Asian Economies in Transition brings to light the importance of Central Asian countries in the economic system of today's world. Russia as a major player in the world's economy and politics still relies on the resources in Central Asia. Academicians, policy makers, as well as anyone who is interested in these issues, will benefit greatly from this book. - Prof. Saziye Gazioglu, University of Aberdeen and Middle East Technical University

Central Asian Economies in Transition offers a broad array of theory, field research and interdisciplinary analyses on the economic and political issues of these countries after they gained their independence in the 1990s. I believe this book will be a good guide for researchers, business world, and policy makers. - Prof. Mehmet Emin Karahan, Rector, Beykent University Central Asian Economies in Transition weaves together ideas from across various social sciences and shows that for these developing countries, economics, political economy and politics are intertwined and it is impossible to abstract economics from politics. - Prof. Yadigar Izmirli, Rector, Istanbul Aydin University Central Asian Economies in Transition represents a comprehensive understanding of each aspect of Central Asian countries from development to trade, and to economic integration, and serves as an insider guide to people and to institutions who wish navigate the choppy waters of these economies. - Prof. Turan Yazgan, President, Turk Dunyasi Arastirmalari Vakfi (Foundation for Research about Turks all around the World) Central Asian Economies in Transition explains in a potent and engaging way, the roots of the problems and risks these economies face and hence serves as a blueprint for people and corporations who want to conduct business in the region. - Prof. Erol Eren, Dean, Faculty of Economic and Administrative Sciences, Beykent University Central Asian Economies in Transition is a well grounded discussion of the regional issues, drawing on statistical data. We all live in a world where policy decisions are increasingly influenced by discussions as to their true meaning. This book provides an essential analysis bridging the gap between policy and their statistical interpretation. - Prof. Mehmet Kaytaz, Dean, Faculty of Economic and Administrative Sciences, Isik University Central Asian Economies in Transition utilizes a state-of-the art econometric analysis of causality relationships between economic variables such as growth, trade, human development and energy consumption, arriving at sound conclusions backed by empirical data. - Prof. Adnan Mazmanoglu, Chair, Statistics Department, Istanbul Aydin University; Elected Member, International Statistical Institute Central Asia has become a center of attraction for all the great powers of the world. In a neo-liberal economic system, this creates some risks as well as some advantages for Central Asian nations. `Central Asian Economies in Transition' includes articles written on economic policies in various fields of the regional powers. The articles convey how those nations have minimized the risks and taken the right approaches to pursue effective policies in a region where international interest is rampant. - Prof. Ilker Birdal, Istanbul Aydin University Central Asian Economies in Transition lays down a clear framework, complete with tools and steps required for understanding the region's history, culture and laws. - Prof. Faruk Andac, Cag University Central Asian Economies in Transition gives great insight into understanding and resolving Central Asian countries' various dilemmas with an approach that is both theoretically grounded and practically applicable for the culture. - Prof. Sureyya Hic, Kocaeli University Central Asian Economies in Transition is a must read for anyone who needs a firm grasp of these economies both from a descriptive and an analytic perspective. It provides an essential exploration as Central Asian economies grow in importance and integrate into the global world. - Asst. Prof. Ramazan Kurtoglu, Chair, Department of International Trade, Istanbul Aydin University Central Asian Economies in Transition brings to light the importance of Central Asian countries in the economic system of today's world. Russia as a major player in the world's economy and politics still relies on the resources in Central Asia. Academicians, policy makers, as well as anyone who is interested in these issues, will benefit greatly from this book. - Prof. Saziye Gazioglu, University of Aberdeen and Middle East Technical University

Author Information

E. Ayşen Hiç Gencer is an Assistant Professor of Economics in the Department of International Trade at Istanbul Aydın University. She obtained her BA at Boğazici University and holds MA and PhD degrees from Istanbul University, Brown University and Boston University. Her research interests include international and regional economics, economic geography and economic integration.Cevat Gerni is a Professor of Economics and Vice Rector at Beykent University, Istanbul. He obtained his BA in Political Science and International Relations at the Middle East Technical University and his PhD in Economics at Atatürk University. He has authored four books on international trade and macroeconomics and various journal and conference papers.

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