International Conference on Eurasian Economies
4-5 November 2010 – Istanbul, TURKEY
Paper detail
Paper ID : 153
Status : Paper published
Language : Turkish
Topic : Growth and Development
Presenter: Prof. Dr. İlyas Sözen
Session : 2B Büyüme ve Gelişme
Corruption and Economic Liberty in Central Asian Republics (2001-2008)
Orta Asya Cumhuriyetlerinde Yolsuzluk ve İktisadi Özgürlük (2001–2008)
- Prof. Dr. İlyas Sözen (Dokuz Eylül University, Türkiye)
- Prof. Dr. Ahmet Alkan Çelik (Istanbul Beykent University, Türkiye)
- Prof. Dr. Selahattin Sarı (Doğuş University, Türkiye)
Abstract
The aim of this study is to examine, in the period between two global economic crises, the progress of economic freedom along with corruptions in Central Asian Republics, integrated into the free market economy according to “the Washington Consensus” since late 1990s. According to exportation of natural sources, Azerbaijan, Kazakhstan and Turkmenistan together with Kyrgyzstan, Uzbekistan and Tajikistan all seemed to have entirely different economic structures. Basic macro economic variables, economic liberty indicators and corruption data covering the period of 2001-2008 are to be discussed. In the light of the outcomes of this study, it is observed that, while the social structure in the countries exporting natural sources is stronger, due to the authoritarian structures of the countries in both groups of countries, bureaucratic corruption increases consistently. As Central Asian Republics are in a state of unsuccessful transition into the market economy, the betterment in legislation does not debug the system called “limbo” (neither planned economy nor free market).
JEL codes: P25, P27
Sözen, İlyas, Çelik, Ahmet Alkan, Sarı, Selahattin (2010). "Corruption and Economic Liberty in Central Asian Republics (2001-2008)" in Proceedings of International Conference of Eurasian Economies 2010, pp.136-142, Istanbul, TURKEY.
DOI: https://doi.org/10.36880/C01.00153
