Natural Resources and Economical Growth in Central Asia and Caucasus

Filiz , Kadi (2012) Natural Resources and Economical Growth in Central Asia and Caucasus. In: 3rd International Symposium on Sustainable Development, May 31 - June 01 2012, Sarajevo.

42. Natural Resources and Economical Growth in Central Asia and Caucasus.pdf

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As it is known, all former Soviet states faced serious economical and social problems after they gained independency. At this stage of history, these countries took into their hands responsibilities for self-development. To overcome their problems, they tried to find and imply suitable policy in all spheres of social life. In order to strengthen their economy, they had to look their capability and capacity, and use them in the right direction. However, many factors such as cut off the link between the main provider of the Soviet Union, Russia and other republics, problems in management, the lack of experience in market economy brought to serious problems in these countries. As a result, production process was seriously damaged in all sectors of their economy. Consequently, without being able to manufacture products, these countries began to focus on the raw materials, not considering effects of economic dependency on natural recourses.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
Divisions: Faculty of Economics > Management Department
Depositing User: Users 173 not found.
Date Deposited: 02 Nov 2012 14:37
Last Modified: 02 Nov 2012 14:37

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