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Rentier capitalism and global economic imaginaries in Central Asia

Sanghera, Balihar, Satybaldieva, Elmira (2023) Rentier capitalism and global economic imaginaries in Central Asia. Globalizations, . pp. 1-21. ISSN 1474-7731. (doi:10.1080/14747731.2023.2234173) (KAR id:101939)

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https://doi.org/10.1080/14747731.2023.2234173

Abstract

This article examines how the US, Russia and China have promoted and expanded rent extraction in Kazakhstan and Kyrgyzstan. While the global powers have articulated competing discourses and strategies on economic development in the region, they have largely achieved similar outcomes of rentierism. In the region, the ‘free market’ agenda of the Washington Consensus has co-existed with China’s Belt and Road Initiative (BRI) and Russia-led Eurasian Economic Union (EaEU), and domestic elites in Kazakhstan and Kyrgyzstan have managed them to achieve substantial rent for themselves and foreign investors. The article will investigate how the economic imaginaries of the US, Russia and China have been responsible for instituting and normalising various forms of rent, and will evaluate the implications of rentierism. This study seeks to contribute to the literature on rentierism by understanding how the three global powers have promoted rent as a legitimate yet unjust form of enrichment.

Item Type: Article
DOI/Identification number: 10.1080/14747731.2023.2234173
Uncontrolled keywords: rentierism, neoliberalism, geopolitics, elites, post-Soviet Central Asia
Subjects: H Social Sciences
H Social Sciences > HM Sociology
J Political Science
J Political Science > JA Political science (General)
Divisions: Divisions > Division for the Study of Law, Society and Social Justice > School of Social Policy, Sociology and Social Research
Depositing User: Balihar Sanghera
Date Deposited: 04 Jul 2023 21:58 UTC
Last Modified: 11 Jan 2024 06:58 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/101939 (The current URI for this page, for reference purposes)

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