The State as Investment Market: Kyrgyzstan in Comparative Perspective
Based on a detailed examination of Kyrgyzstan, Johan Engvall goes well beyond the case of this single country to elaborate a broad theory of economic corruption in developing post-Soviet states regionally—as a rational form of investment market for political elites. He reveals how would-be officials invest in offices to obtain access to income streams associated with those offices. Drawing on extensive fieldwork over an eight-year period, Engvall details how these systems work and the major implications this holds for political and economic development in the region. Often identified and criticized simply as obstacles to development by scholars, Engvall instead argues that these systems must be reinterpreted in the context of a standardized and entrenched method of organizing the state. He also shows how private actors have been unsuccessful in buying preferential treatment directly from the state. Instead, public officials have become the predominant conduit to influencing policy process and monitoring the sale of protection, property rights, and other privatized “public” goods.
Discovering Opportunities in the Pandemic? Four Economic Response Scenarios for Central Asia
Executive Summary The COVID-19 crisis represents not only an unprecedented economic disruption but also an opportunity for Central Asia. A specific economic policy response may trigger either game-changing reforms that […]
A Steady Hand: The EU 2019 Strategy & Policy Toward Central Asia
Executive Summary The launch of a new EU Strategy for Central Asia in June 2019 marked a milestone in the gradual development of relations between the EU and the region. […]
Modernization and Regional Cooperation in Central Asia: A New Spring?
Executive Summary Until recently, regional cooperation among Central Asian states has left much to be desired. While a number of initiatives have been launched over the past quarter-century, there is […]
Emerging Giant Shaking up the EU? Impacts, Challenges and Implications of China’s Investment Frenzy in Europe
Summary Chinese Foreign Direct Investment (FDI) has experienced an exponential surge globally over the past decade, challenging the traditional norms of international investment. This phenomenon is the result of a […]