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Analysis: Tajik energy and corruption
Washington DC (UPI) Apr 14, 2009 - When the Soviet Union imploded in 1991, an economic tsunami devastated Central Asia, and no former republic was more affected than Tajikistan. Dependent on aluminum and cotton exports and with its traditional Russian markets gone, the year after its independence, Tajikistan slid into a vicious five-year civil war between the former Communist leadership and Islamic militants as the country was ravaged by hyperinflation. When it ended in 1997, 50,000 were dead and the country's economy was effectively dealt a blow from which it has yet to recover. Efforts to turn the economy hinge on government plans to finish massive hydroelectric projects, but given the country's dire economic record, significant foreign assistance seems problematic at best.
Apr 14, 2009