Transition Trap

Adham Khudaykulov is an Associate Professor at the Tashkent State University of Economics, Deputy Director General of the Council for Higher Education, Uzbekistan. He holds research affiliation with the Cambridge Central Asian Forum, University of Cambridge. Dr. Khudaykulov received PhD in Development Studies from the University of Cambridge in 2021 and holds two masters’ degrees from Japan and UK.

• 1. Introduction.- 2. Central Asia at a Glance.-  3.  The Soviet Legacy and the State of the Economy in the Late 1980s and Early  1990s.- 4. Regulatory Reforms and Market Outcomes:  A Sectoral Review.- 5. Regulatory System and Governance in Central Asia.- 6. Conclusions.