Uzbekistan has a unique opportunity to make early investments to 'green' its ambitious economic and market transition. A greener economic growth model in Uzbekistan, based on the sustainable and efficient use of natural and energy resources, would minimize pollution, reduce climate and...

The trade regime currently in place in Uzbekistan supports the development of import-substituting industries and hinders the development of export-oriented industries. Consequently, primary commodities continue to dominate the country’s merchandise exports. The rapid expansion of merchandise...

The study investigates the determinants of state banks’ in comparison with joint stock commercial private banks’ profitability in Uzbekistan during the period 2010-2016; to the study selected 3 state, 11 joint stock and 7 private banks in Uzbekistan as a case study. The purpose was to determine...

The article analyzes the application of competitive mechanisms in the electricity markets. The substantiation of the possibility of competition in the electric power industry and the further development of this concept in practice can be considered particularly significant results of these...

Organizations strive to satisfy salient and unmet consumer needs by providing value through their products and services. If environmentally sustainable "green" brands successfully exist by addressing environmental issues in developed countries where environmental consciousness is high, there may...

This report assesses the potential effects of integration of the Republic of Uzbekistan with the Eurasian Economic Union (EAEU), and lists the most promising areas of cooperation between the current Union member countries and Uzbekistan. The authors have examined the key indicators of social and...

Uzbekistan has a unique opportunity to make early investments to 'green’ its ambitious economic and market transition. A greener economic growth model in Uzbekistan, based on the sustainable and efficient use of natural and energy resources, would minimize pollution, reduce climate and...

Purpose: The purpose of this study is to analyze the impact of characteristics of the service quality of e-commerce platforms on customer satisfaction and purchase intention. Design/methodology/approach: The proposed research model and a set of hypotheses were developed and tested using...

The article analyzes the attraction of foreign investment to the economy of Uzbekistan. The positive changes in the economy after the government reforms launched in 2016 are highlighted. Opinions were given on solving some of the problems that hinder the increase in investment during the...

Compared with commercial banks that take one day, ADB loans take over 5-year before they are fully disbursed after the borrower signed the loan agreements, because of conditionalities. During which, the funds stay in the banks and gain compounded interest disfavoring Uzbekistan and affects its...

Social accounting matrices (SAMs) are the core underlying data for economy-wide simulation models such as computable general equilibrium models. This paper reports the development of a SAM for Uzbekistan for the year 2014. The last SAM developed for Uzbekistan is based on the year 2001 (Müller,...

The purpose of this paper is to examine the evolutionary stages and current state of e-government in post-Soviet transition countries, shedding light on Uzbekistan as a case study. The previous literature on e-government in developing countries emphasized the considerable positive impact of...

In the process of globalization, a key factor in the sustainable development of the country's economy remains the formation of its innovative economic system. The main problem is the introduction of innovations. The article analyzes the state of innovation in the Republic of Uzbekistan, as well...

Nowdays Digitalization processes are rapidly accuring national economies all around the World. The level of digitalization remains an important factor in the active participation of national economies in their integration and not lagging behind the fastest growing regions. In this research the...

This article is devoted to the legal status of the digital economy in the Republic of Uzbekistan. The paper examines topical issues of a new stage in the development of the digital economy in the Republic of Uzbekistan in the context of a pandemic. It also considers ways to consolidate the...

In 2016, after 25 years of international isolation, Uzbekistan started to open up and modernize its economy. In this phase, the Covid-19 pandemic hit the economy and society hard. The government reacted with a harsh lockdown. As an immediate crisis response, it allocated funds from international...

Although Central Asian countries such as Kyrgyzstan have promised to work with Chinese companies as they show growing interest in entering the region in light of the Belt and Road Initiative, considerable risks remain. Systemic political fragility and growing anti-China public sentiment in...

The article presents the features of biology and ecology, the growth and development of various types of Cousinia in various environmental conditions of Uzbekistan. The distribution area covers mainly foothill and semi-desert and desert zones of Uzbekistan. Cousinia species are found in deserts,...

Uzbekistan's transition from planning to market started almost thirty years ago following its independence from the Soviet Union. For most of this period, economic modernization and transformation were stalled, with little change in institutions and policies from those prevailing at the time of...

This paper studies foreign direct investment determinants of Uzbekistan. Different variables have been chosen according to the previous researches in this field. According to the results, market size and population growth have statistical significance to the FDI inflow of Uzbekistan. It is a...

The authors build a new database of highly spatially disaggregated indicators related to risk and resilience to the social and economic impacts of the COVID-19 pandemic in Uzbekistan. The outbreak disproportionately affects groups, the elderly, the poor, those living in areas under lockdown, and...

The state is a major owner of industrial and commercial enterprises in Uzbekistan. State-owned enterprises (SOEs) dominate and have significant influence on the performance of most sectors in the economy, including natural resources, energy, manufacturing, telecommunications, transport, and...

Kazakhstan and Uzbekistan still undergo the process of establishing a land legislative system, implementing agricultural reforms that aim at increasing land productivity. The effectiveness of these reforms is often dependent on the level of law enforcement that varies in accordance with whether...

Kazakhstan and Uzbekistan still undergo the process of establishing a land legislative system, implementing agricultural reforms that aim at increasing land productivity. The effectiveness of these reforms is often dependent on the level of law enforcement that varies in accordance with whether...

Large international earnings differentials negatively impact human capital investments in migrant-origin countries. We find that three Central Asian migrant-sending countries-the Kyrgyz Republic, the Republic of Tajikistan, and the Republic of Uzbekistan-are facing a for-saken schooling...

Foreign direct investment (FDI) is viewed as one of the most crucial forms of capital inflows and significant drivers of economic growth in numerous countries. In particular, developing countries, emerging economies and countries engaged in the process of development have recognized the crucial...

This Solar Energy Policy in Uzbekistan Roadmap is part of the EU4Energy programme, a five-year initiative funded by the European Union. EU4Energy’s aim is to support the development of evidence-based energy policy design and data capabilities in Eastern Partnership and Central Asian countries,...

From the erosion of state legitimacy in Lebanon to the use of smartphones in Kyrgyzstan, from a Polish suburb to the music scene in Azerbaijan, this volume attempts to explain why, in a variety of world regions, a substantial number of people tend to ignore or act against state rules. We propose...

Давлат буюртмасига асосланган пахта ишлаб чиқариш ти- зими 25 йилдан кўпроқ давом этгандан сўнг, қишлоқ хўжалиги диверсификацияси ва пахта майдонларининг...

Uzbekistan set an ambitious goal to achieve the status of an upper-middle-income country by 2030, with the focus on growing a large and solid middle-class social stratum. The current reforms in Uzbekistan largely target the development of small businesses and private entrepreneurship (SME) as...

After two and a half decades of state-mandated cotton production, the diversification of agriculture and the downsizing of the cotton area have become prominent features of Uzbekistan's current modernization strategy. Given the momentum of agricultural policy reform, this policy brief aims to...

After two and a half decades of state-mandated cotton production, the diversification of agriculture and the downsizing of the cotton area have become prominent features of Uzbekistan's current modernization strategy. Given the momentum of agricultural policy reform, this policy brief aims to...

What is produced on farmland is critical to the agriculture sector outcomes. If other objectives, such as farm incomes, jobs, water security, were considered as important as producing more of wheat and cotton in Uzbekistan, the farmland use structure will have looked differently. This report...

This edition of the Country Economic Update is part of a semi-annual series designed to monitor recent economic developments in Uzbekistan. The report presents a broad overview of the country's macroeconomic, social, and structural developments in 2018. The Special Focus section discusses...

The main purpose of the 2018 public expenditure and financial accountability (PEFA) assessment is to provide the Government of Uzbekistan and its development partners with an objective up-to-date diagnostic of the national-level public financial management performance based on the latest...

Based on the Joint Bank-Fund Low-Income Country Debt Sustainability Analysis (LIC-DSA), Uzbekistan has a low risk of debt distress, with debt burden indicators below relevant thresholds in the baseline and all stress scenarios. Over the medium term, the public debt-to-GDP ratio is expected to...