CEU Electronic Theses and Dissertations, 2010
| Author | Akhrarkhodjaeva, Nozima |
|---|---|
| Title | Sectoral Transformation in Central Asia |
| Summary | The current study is concerned with factors which make sectoral transformation possible. A comparative case study of Central Asian countries shows that price fluctuations on the international market of country’s leading export commodity structures the choices of political elite in resource dependent countries, and influences elite’s calculations regarding revenue allocation. As distribution of benefits to supporters is crucial for regime survival, political elite is interested in investing capital into sectors of the economy which would ensure continuous revenue accumulation. For example, in case of petroleum exporting countries risks were relatively low, as in recent decade energy prices were on rise. Therefore, the leaders of petroleum exporting countries were reluctant to diversify the economy. In case of country’s dependence on a less stable commodity such as cotton, international market price volatility breeds uncertainty about the future revenues and affects leader’s political strategy with regard to regime’s revenue base i.e. production of the leading export commodity. |
| Supervisor | Greskovits, Bela |
| Department | Political Science MA |
| Full text | https://www.etd.ceu.edu/2010/akhrarkhodjaeva_nozima.pdf |
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