Request Inspection Copy

If you are an Academic or Teacher and wish to consider this book as a prescribed textbook for your course, you may be eligible for a complimentary inspection copy. Please complete this form, including information about your position, campus and course, before adding to cart.

* Required Fields

To complete your Inspection Copy Request you will need to click the Checkout button in the right margin and complete the checkout formalities. You can include Inspection Copies and purchased items in the same shopping cart, see our Inspection Copy terms for further information.

Any Questions? Please email our text Support Team on


Email this to a friend

* ALL required Fields

Order Inspection Copy

An inspection copy has been added to your shopping cart

Central Asian Economies in the Twenty-First Century: Paving a New Silk Road

by Richard Pomfret Princeton University Press
Pub Date:
Hbk 328 pages
AU$88.00 NZ$89.57
Product Status: In Stock Now
add to your cart
This book analyzes the Central Asian economies of Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan, from their buffeting by the commodity boom of the early 2000s to its collapse in 2014. Richard Pomfret examines the countries' relations with external powers and the possibilities for development offered by infrastructure projects as well as rail links between China and Europe.


The transition of these nations from centrally planned to market-based economic systems was essentially complete by the early 2000s, when the region experienced a massive increase in world prices for energy and mineral exports. This raised incomes in the main oil and gas exporters, Kazakhstan and Turkmenistan; brought more benefits to the most populous country, Uzbekistan; and left the poorest countries, the Kyrgyz Republic and Tajikistan, dependent on remittances from migrant workers in oil-rich Russia and Kazakhstan. Pomfret considers the enhanced role of the Central Asian nations in the global economy and their varied ties to China, the European Union, Russia, and the United States. With improved infrastructure and connectivity between China and Europe (reflected in regular rail freight services since 2011 and China's announcement of its Belt and Road Initiative in 2013), relaxation of United Nations sanctions against Iran in 2016, and the change in Uzbekistan's presidency in late 2016, a window of opportunity appears to have opened for Central Asian countries to achieve more sustainable economic futures.



“This timely and highly important book deals with the economic situations of the five Central Asian countries during the twenty-first century. With coherent and robust analysis, Pomfret tackles the types of economic systems adopted by the new independent states, their consequences, and the challenges of development for resource-rich countries. A significant contribution, this book will fill a gap in the Central Asian economic literature.”—Yelena Kalyuzhnova, University of Reading
Richard Pomfret is professor of economics and the Jean Monnet Chair on the Economics of European Integration at the University of Adelaide, and is adjunct professor of international economics at the Johns Hopkins University School of Advanced International Studies in Bologna. His books include The Economies of Central Asia and The Central Asian Economies since Independence (both Princeton).