Financial development policies in Uzbekistan: an analysis of achievements and failures

Economic Change and Restructuring - Tập 42 - Trang 293-318 - 2009
Alexandr Akimov1, Brian Dollery2
1Department of Accounting, Finance and Economics, Griffith University, Southport, Australia
2School of Business, Economics and Public Policy, University of New England, Armidale, Australia

Tóm tắt

This paper provides a detailed analysis of Uzbekistan’s performance in liberalising its financial system. Two major areas are considered in the paper. First, we review financial development reform in Uzbekistan from independence until 2006, including the banking sector, non-bank financial institutions and securities markets. Second, it examines the policy achievements and failures of the Uzbek path and the sequence of reforms in each of these areas. Policy recommendations are then offered to remedy the existing problems that we identify. This paper is first to make a detailed analysis of policy successes and failures in Uzbekistan financial reform.

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Thông tin xuất bản

Economic Change and Restructuring

Tập 42

293-318

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