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.
Revitalizing INSTC: Analyzing Geopolitical Realignments and the China Factor
In recent years, the rise of Asia as the geoeconomic and geostrategic fulcrum has not only realigned global geopolitics but also reasserted the need for regional connectivity. For example, the […]
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 […]