DEVELOPMENT AND STRUCTURAL CHANGESIN THE ECONOMIES OF CENTRAL ASIAN COUNTRIES

The main goal of this paper is to study current condition of economic growth, and investigate which factors are more important for each individual Central Asian countries by measuring the proportional share of country-specific properties. In this paper, it is analyzed value added process provided by agriculture, industry, services in GDP creation, as well as studied by the correlation between GDP and sectoral growth for each country. Moreover, monitored the gross domestic product of Central Asian countries in terms of its creation, i.e. household consumption, gross fixed investments, government consumption and the balance of external economic activities. The main attention focuses to identify trends regarding to the transformation of the economies.

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