Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/58056 
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dc.contributor.authorDanne, Christianen
dc.date.accessioned2012-05-08-
dc.date.accessioned2012-05-24T12:28:14Z-
dc.date.available2012-05-24T12:28:14Z-
dc.date.issued2012-
dc.identifier.urihttp://hdl.handle.net/10419/58056-
dc.description.abstractThis paper studies the institutional reform process in Central Asia from 1995 to 2006. I compare the institutional reform processes of Central Asian countries to those conducted in their neighbouring countries of Central and (South) Eastern Europe, and the Middle East. The paper identifies contemporaneous factors responsible for the persistence of poor institutional arrangements. Second, the paper identifies factors that have acted as commitment devices in order to achieve and sustain institutional change over the last decade. It is argued that deficiencies in the education system, and preferences of individuals and politicians are responsible for the persistence of poor institutional arrangements. External factors such as real and financial openness, fixed exchange rates, and international agreements have provided a disciplining effect for policy makers to improve institutional arrangements in Central Asia, despite poor initial conditions. Finally, there is some evidence that large external shocks may help to shift preferences towards more reliable institutional settings.en
dc.language.isoengen
dc.publisher|aPFH Private Hochschule Göttingen |cGöttingenen
dc.relation.ispartofseries|aPFH Forschungspapiere/Research Papers |x2012/04en
dc.subject.jelH11en
dc.subject.jelO10en
dc.subject.jelP20en
dc.subject.ddc330en
dc.subject.keywordEconomic institutionsen
dc.subject.keywordreformsen
dc.subject.keywordCentral Asiaen
dc.subject.stwSystemtransformationen
dc.subject.stwInstitutioneller Wandelen
dc.subject.stwÜbergangswirtschaften
dc.subject.stwZentralasienen
dc.titleCommitment devices, opportunity windows, and institution building in Central Asia-
dc.typeWorking Paperen
dc.identifier.ppn715366955en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:pfhrps:201204en

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