The Transition Trap

Three Decades of Transition in Central Asia

Adham Khudaykulov

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Hardback

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English

Palgrave Macmillan
12 July 2025

Development studies; History of other lands; Development economics

Series: Politics and History in Central Asia

This book explores the transition from Soviet socialism to the present state of Central Asia's five countries. The role of the of state in regulating the market has been nowhere so topical, yet highly controversial, as in the case of five post-communist Central Asian states (namely, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan) since they acquired their independence from the Soviet Union in early 90s. The region’s economic landscape has undergone profound structural changes towards liberalization over the past three decades. However, in none of the regional states economic transition from the command economy to the free-market economy has reached its logical end, and the state retains a colossal interference over the market affairs. This study, detailed and insightful, will attract scholars of the region, journalists, and analysts of geopolitics.

By: Adham Khudaykulov
Imprint: Palgrave Macmillan
Country of Publication: Singapore
Dimensions: Height: 210mm, Width: 148mm,
ISBN: 9789819677290
ISBN 10: 9819677297
Series: Politics and History in Central Asia
Pages: 238
Publication Date: 12 July 2025
Audience: Professional and scholarly , College/higher education , Undergraduate , Further / Higher Education
Format: Hardback
Publisher's Status: Active

1. Introduction.- 2. Central Asia at a Glance.- 3. The Soviet Legacy and the State of the Economy in the Late 1980s and Early 1990s.- 4. Regulatory Reforms and Market Outcomes: A Sectoral Review.- 5. Regulatory System and Governance in Central Asia.- 6. Conclusions.

Adham Khudaykulov is an Associate Professor at the Tashkent State University of Economics, Deputy Director General of the Council for Higher Education, Uzbekistan. He holds research affiliation with the Cambridge Central Asian Forum, University of Cambridge. Dr. Khudaykulov received PhD in Development Studies from the University of Cambridge in 2021 and holds two masters’ degrees from Japan and UK.