Two decades of tax system reforms in the Central Asian Republics (CARs) show that, in addition to political commitment, understanding reformers’ incentive structure and a roadmap are necessary if full reform equilibrium is to be reached. Borrowed laws and institutions that are based on...

Two decades of transition in the five Central Asian Republics (CARs) have shown that, in the absence of a theoretical framework (roadmap) and political commitment for implementation, borrowed laws and institutions based on the international best practice are useful but not fully effective in...