International Conference on Eurasian Economies
9-11 September 2015 – Kazan, RUSSIA
Paper detail
Paper ID : 1317
Status : Paper published
Language : Turkish
Topic : Regional Economics
Presenter: Asst. Prof. Dr. Volkan Yurdadoğ
Session : 7B Bölgesel Ekonomiler III
Evaluating Transformation Process in Central Asian Turkic Republics in terms of Privatization and Economic Freedom on 25th Anniversary of the Transiti
Geçişin 25. Yılında Orta Asya Türk Cumhuriyetlerinde Dönüşüm Sürecini Özelleştirme ve İktisadi Özgürlükler Açısından Değerlendirme
- Asst. Prof. Dr. Volkan Yurdadoğ (Çukurova University, Türkiye)
- Assoc. Prof. Dr. Haşim Akça (Çukurova University, Türkiye)
- Assoc. Prof. Dr. İlter Ünlükaplan (Çukurova University, Türkiye)
Abstract
The phrase of “Transition economies”, covering various countries as well as Caucasus and Central Asian Turkic Republics, was found its place in the literature by the 1980’s and this transformation process from the centrally planned economy to market economy was analyzed with economic and fiscal dimension. Undoubtedly, the transition process of these countries wouldn’t be easy and exhibits differences, especially for the Central Asian Turkic Republics, as they were governed under the command economy over many years. Related studies is put forward the increasing importance and future predictions within this scope. Two of the most economical and fiscal prosperity indicators of the transition economies are reconstruction of government and privatization implementations. In this context, after literature review analyzing the privatization implementations and the level of economic freedom indexes related to reconstruction of government by many dimensions under seminal international databases are crucial for that countries. In this study, after the 25 years of transition of Caucasus and Central Asian Turkic Republics, in 2016, reconstruction of government and privatization implementations are examined both in fiscal and economically. Kazakhstan and Azerbaijan are not only the prosperous countries in this respect but also have outstanding mining and underground resources. We also reach that the reform process of transition and the prosperity of economic indicators have not been strongly correlated.
JEL codes: P21, H10, O53
Yurdadoğ, Volkan, Akça, Haşim, Ünlükaplan, İlter (2015). "Evaluating Transformation Process in Central Asian Turkic Republics in terms of Privatization and Economic Freedom on 25th Anniversary of the Transiti" in Proceedings of International Conference of Eurasian Economies 2015, pp.360-369, Kazan, RUSSIA.
DOI: https://doi.org/10.36880/C06.01317
Session 7B: Bölgesel Ekonomiler III
