The state is the most significant agent, which designates the characteristics of transition
of Azerbaijan, Kazakhstan and Turkmenistan in the post-Soviet era. The powerful state
is the legacy of the former Soviet regime, which had already created state& / #8217 / s autonomy
from the society. Azerbaijan, Kazakhstan and Turkmenistan differ from other transition
economies because of their rich reserves of hydrocarbons. The transformation of these
countries can be best analyzed by referring to the attitude of the state toward the issues
related to hydrocarbons. The responses of the state to the demands of Russia,
multinational oil companies, international organizations coexist with different domestic
policies shaped along national peculiarities. In Azerbaijan, state attempted to open the
energy sector to foreign capital as much as possible by following a policy of
competitive accelerated adjustment in order to balance the external pressures and the
national interests. Kazakhstan& / #8217 / s transition period coincided with state& / #8217 / s defensive
market response, which allowed markets work under an autocratic political regime,
whose main concern was to sustain the equilibrium among Russia, multinational
companies and international organizations. In Turkmenistan, state gave priority to
national interests and undermined the demands of Russia, multinational oil companies
and international organizations by its neomercantilist attitude, along which the principal
goal was to sustain state& / #8217 / s absolute power and increase the flow of revenues extracted
from oil and gas trade.
| Identifer | oai:union.ndltd.org:METU/oai:etd.lib.metu.edu.tr:http://etd.lib.metu.edu.tr/upload/2/1260244/index.pdf |
| Date | 01 January 2003 |
| Creators | Bilgin, Mert |
| Contributors | Akcali, Pinar |
| Publisher | METU |
| Source Sets | Middle East Technical Univ. |
| Language | English |
| Detected Language | English |
| Type | Ph.D. Thesis |
| Format | text/pdf |
| Rights | To liberate the content for public access |
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