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Identifier to cite or link to this item: https://hdl.handle.net/10086/14425

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Title
Economic Transformation and Institutional Development in Tajikistan
Creator
Creator Name
Iwasaki, Ichiro Iwasaki, Ichiro
岩﨑, 一郎 岩﨑, 一郎
イワサキ, イチロウ イワサキ, イチロウ
Affiliation
Affiliation Name
Hitotsubashi University
Editor
Contributor Name
世代間問題研究プロジェクト（世代間利害調整） = Setting Options for Fair Distribution of Well-being among Different Generations, Project on Intergenerational Equity
JEL
E21
P31
P37
Abstract
In Tajikistan, economic reform was substantially delayed in the initial period of transition. The negative effects of the long lasted civil war can be grasped here. But in the late 1990's, the Government abruptly accelerated its steps towards a market economy. For instance, domestic pricing was almost liberalized between 1995 and late 1996, and the state order system was completely abolished as early as before 1996. Moreover, the Government succeeded in establishing a relatively liberal trade and exchange system by late 1998. However, in striking contrast with the remarkable success in economic liberalization, privatization of state-owned industrial enterprises showed little progress. In addition, the Rakhmonov administration strove to prolong the life of inefficient enterprises by maintaining a soft budget and institutional constraint - inherited from the communist regime. For these reasons, marketization in Tajikistan, as a whole, is greatly out of balance. Hence, the Government ought to put in operation more drastic measures in such a way as to benefit from being a late starter in its economic transition.
Description
This research work was supported by the grants named "Scientific Researches of Priority Areas (B) 603: Project on Intergenerational Equity" and the grants named "Research Project on Economic Development and Stability in Central Asia and Caucasus" (Project No. 14203004) from the Ministry of Education, Culture, Sports, Science and Technology of Japan. For preparation of this article, the Institute for Russian & East European Economic Studies (ROTOBO) also provided financial and technical support in 2001. Editorial assistance by Ms. Yuko Fujiwara is gratefully acknowledged. This paper is the extended version of my paper (2002).
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2002-10
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Discussion Paper ; No. 120
NCID
AA11851730
Number of Pages
29
Sponsorship
科学研究費補助金（特定領域研究） = Grant-in-Aid for Scientific Research on Priority Areas
Appears in Collections
Discussion paper / Setting Options for Fair Distribution of Well-being among Different Generations, PIE
URL
https://hdl.handle.net/10086/14425