Constructing Market-based Economies in Central Asia: A Natural Experiment?

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2010

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Pomfret, R.

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European Journal of Comparative Economics, 2010; 7(2):449-467

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Richard Pomfret

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This paper reviews the experience of the five Central Asian countries in the two decades since independence. In the 1990s the five countries looked like a natural experiment. They had similar initial conditions, but different transition strategies. Today that does not appear to have been a useful research agenda, which raises some broader questions for comparative economic studies.

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