[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109029-en":3,"doc-seo-109029-105":30,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":13,"seo_description":14,"update_tm":28,"read_time":29},109029,13056703020460,"Valentina","https://ap-avatar.wpscdn.com/avatar/be000253dac470eee5d?_k=1778207105932848923",8,"Research & Report","Assessing Uzbekistan’s Transition - Country Economic Memorandum - Full Report","A comprehensive economic memorandum analyzes Uzbekistan’s shift from planning to a market-oriented system, tracing how earlier decades were constrained by limited institutional change, weak competition, and a state-led allocation model. It reviews the reform acceleration initiated in late 2016 under President Mirziyoyev, grounded in a 2017–2021 development strategy and focused on strengthening institutions, rule of law, and supporting inclusive, sustained growth across markets, fiscal policy, finance, trade, and social sectors.","Public Disc losure Authorized  \nAssessing Uzbekistan’s Transition  \nCountry Economic Memorandum  \nPub lic Disclosure Authorized Pub lic Disclosure Authorized  \nIvailo Izvorski • Arman Vatyan • Eskender Trushin • Husein Abdul-Hamid • Nicolo Dalvit • Maksudjon Safarov • Mariana Iootty Marina Novikova • Martin Melecky • Mohirjon Ahmedov Natalia Manuilova • Sergiy Zorya • Vinayak Nagaraj  \nAssessing Uzbekistan’s Transition  \nCountry Economic Memorandum  \nFull Report  \nIvailo Izvorski • Arman Vatyan • Eskender Trushin • Husein Abdul-Hamid • Nicolo Dalvit • Maksudjon Safarov • Mariana Iootty Marina Novikova • Martin Melecky • Mohirjon Ahmedov Natalia Manuilova • Sergiy Zorya • Vinayak Nagaraj  \nTable of Contents  \nAcknowledgements ......................................................................................... i  \nOverview.................………………….........………………….........……….. 1  \nChapter 1. Markets and prices………………….........…………………......... 18  \nSpotlight 1. Lessons from other transition economies…………………........ 37  \nChapter 2. Fiscal policy……………………………………………………… 75  \nChapter 3. Public financial management ……………………………………. 91  \nChapter 4. Private sector development …………………………………....... 102  \nChapter 5. External trade and integration…………………………………..... 130  \nSpotlight 2. Agriculture…………………………………...…………………. 140  \nChapter 6. State-owned banks and the financial sector…..………………...... 156  \nChapter 7. State-owned enterprises…………………………………...……... 174  \nSpotlight 3. Energy …………………………………...……………………... 195  \nChapter 8. Social protection…………………………………...…………….. 207  \nChapter 9. Education…………………………………...……………………. 226  \nChapter 10. Health…………………………………...………………………. 246  \nAcknowledgements  \nThe first Country Economic Memorandum on Uzbekistan was prepared by a team led by Ivailo Izvorski, Lead Economist on Central Asia. The team is grateful for advice and guidance to Sandeep Mahajan, Marco Mantovanelli, and Lilia Burunciuc.  \nThe chapter on prices and markets was prepared by Nicolo Dalvit and Ivailo Izvorski with inputs from Eskender Trushin and Will Seitz. The spotlight on Lessons from Transition was prepared by Bill Mako. The chapter on public finance was prepared by Vinny Nagaraj. The PFM chapter was prepared by Arman Vatyan with support from Elbek Yusupov, Nurbek Kurmanaliev, and Patrick Umah Tete.  \nThe chapter on trade was prepared by Eskender Trushin and Ivailo Izvorski. The chapter on private sector development was prepared by Mariana Iootty with support from Gaukhar Ospanova and Yeraly Beksultan. The finance chapter was prepared by Davit Babasyan, Yunfan Gu, and Martin Melecky with comments from Ilias Skamnelos. The chapter on state-owned enterprises was prepared by Natalia Manuilova with inputs from Andreja Marusic, Anna Bilous, Vinayak Nagaraj, and Shukhrat Shadmanov. The energy spotlight was prepared by Maksudjon Safarov with support from Husam Mohamed Beides, Ferhat Esen, Pedzi Makumbe, Yun Wu, Alexander Johannes Huurdeman, Sheoli Pargal, Koji Nishida, and Hazuki Terada. The spotlight on agriculture was prepared by Segiy Zorya.  \nThe social protection chapter was prepared by Marina Novikova with the support and guidance from Cem Mete, Manuel Salazar, Maddalena Honorati, Oleksiy Sluchynskyy, and Lidia Tkachenko. The health chapter was prepared by Mohirjon Ahmedov with inputs from Elvira Anadolu and Christel Vermeersch. The chapter on education was prepared by Husein AbdulHamid. Sarah Babyrie provided excellent technical assistance.  \nThe peer reviewers were (in alphabetical order): Alina Sava, Donato De Rosa, Ihsan Ajwad, Kateryna Schroeder, Katharina Gassner, Kjetil Hansen, Lukasz Marc, Pietro Calice, Sanja Madzarevic-Sujster, Sjamsu Rahardja, and Susanna Hayrapetyan.  \nThe picture on the cover is “Building a Road” by N. Karaxan, 1932. It is in the public domain.  \nOverview  \nA. INTRODUCTION  \nUzbekistan’s transition from planning to market started almost 30 years ago following its independence from the Soviet Union. For most of t","cbCaib1Ol6sJx1NY","https://ap.wps.com/l/cbCaib1Ol6sJx1NY","pdf",9776269,6,1,259,"English","en",105,"# Overview\n## Introduction\n## Chapter 1. Markets and prices\n## Spotlight 1. Lessons from other transition economies\n## Chapter 2. Fiscal policy\n## Chapter 3. Public financial management\n## Chapter 4. Private sector development\n## Chapter 5. External trade and integration\n## Spotlight 2. Agriculture\n## Chapter 6. State-owned banks and the financial sector\n## Chapter 7. State-owned enterprises\n## Spotlight 3. Energy\n## Chapter 8. Social protection\n## Chapter 9. Education\n## Chapter 10. 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