TAJIKISTAN: Vested interests limit reform prospects - Oxford Analytica

Report title: TAJIKISTAN: Vested interests limit reform prospects

from Oxford Analytica
1252 word report published Nov 06, 2009

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Abstract:

In the past two years, press reports, litigation in the United Kingdom and an Ernst & Young audit have revealed a number of embarrassing cases of state financial misreporting. These cases have shed light on how the authorities exercise control over key industrial assets -- a process that has paralleled the political consolidation of President Imomali Rahmon's regime. The centralisation of political and commercial authority is likely to have a lasting impact on the investment climate and pace of economic reform.

Brief Excerpt:

TAJIKISTAN: State-business relations TAJIKISTAN: Vested interests limit reform prospects The evolution of state control over key industrial assets. In the past two years, press reports, litigation in the United Kingdom and an Ernst...

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Oxford Analytica

Country / Region:

RUCIS, Tajikistan, Central Asia, IMF-World Bank, Russia, United Kingdom

Topic:

industry, politics, agriculture, corporate, corruption, finance, fiscal, government, metals, public sector, civil war, foreign investment, judicial, privatisation

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Table of Contents:

GEOGRAPHIC REGIONS : RUCIS, Tajikistan, Central Asia, IMF-World Bank, Russia, United Kingdom

TOPICS : industry, politics, agriculture, corporate, corruption, finance, fiscal, government, metals, public sector, civil war, foreign investment, judicial, privatisation

SIGNIFICANCE : In the past two years, press reports, litigation in the United Kingdom and an Ernst & Young audit have revealed a number of embarrassing cases of state financial misreporting. These cases have shed light on how the authorities exercise control over key industrial assets -- a process that has paralleled the political consolidation of President Imomali Rahmon's regime. The centralisation of political and commercial authority is likely to have a lasting impact on the investment climate and pace of economic refor

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