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Intro:
Turkmenistan is largely desert country with intensive agriculture in irrigated oases and large gas and oil resources. One-half of its irrigated land is planted in cotton, making it the world's tenth-largest producer. With an authoritarian ex-Communist regime in power and a tribally based social structure, Turkmenistan has taken a cautious approach to economic reform, hoping to use gas and cotton sales to sustain its inefficient economy. Privatization goals remain limited. In 1998-2003, Turkmenistan suffered from the continued lack of adequate export routes for natural gas and from obligations on extensive short-term external debt. At the same time, however, total exports rose by 38% in 2003, largely because of higher international oil and gas prices. Overall prospects in the near future are discouraging because of widespread internal poverty, the burden of foreign debt, and the unwillingness of the government to adopt market-oriented reforms. However, Turkmenistan's cooperation with the international community in transporting humanitarian aid to Afghanistan may foreshadow a change in the atmosphere for foreign investment, aid, and technological support. Turkmenistan's economic statistics are state secrets, and GDP and other figures are subject to wide margins of error. In any event, GDP increased substantially in 2003 because of a strong recovery in agriculture and rapid industrial growth.
Location: Central Asia, bordering the Caspian Sea, between Iran and Kazakhstan
Land boundaries: total: 3,736 km border countries: Afghanistan 744 km, Iran 992 km, Kazakhstan 379 km, Uzbekistan 1,621 km Note: Turkmenistan borders the Caspian Sea (1,768 km)
Administrative divisions: 5 provinces (welayatlar, singular - welayat): Ahal Welayaty (Ashgabat), Balkan Welayaty (Balkanabat), Dashoguz Welayaty, Lebap Welayaty (Turkmenabat), Mary Welayaty note: administrative divisions have the same names as their administrative centers (exceptions have the administrative center name following in parentheses)
Last updated: October 26, 2004 |