Uzbekistan Postcommunist Economic Reform

Uzbekistan Country Studies index

Uzbekistan - Postcommunist Economic Reform

Postcommunist economic reform

With the collapse of the Soviet Union, Uzbekistan faced serious economic challenges: the breakdown of central planning from Moscow and the end of a reliable, if limited, system of interrepublican trade and payments mechanisms; production inefficiencies; the prevalence of monopolies; declining productivity; and loss of the significant subsidies and payments that had come from Moscow. All these changes signaled that fundamental reform would be necessary if the economy of Uzbekistan were to continue to be viable.

More about the Economy of Uzbekistan.

Traditionally a raw materials supplier for the rest of the Soviet Union, Uzbekistan saw its economy hard hit by the breakdown of the highly integrated Soviet economy. Factories in Uzbekistan could not get the raw materials they needed to diversify the national economy, and the end of subsidies from Moscow was exacerbated by concurrent declines in world prices for Uzbekistan's two major export commodities, gold and cotton.

You can read more regarding this subject on the following websites:

From Triumph to Crisis: Neoliberal Economic Reform in
From triumph to crisis : neoliberal economic reform in
Economic reform, democracy and growth during post
From Triumph to Crisis: Neoliberal Economic Reform in
The Perils of Polarization: Economic Performance in the

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