Uzbekistan has achieved sustained growth through its gradual transition to a market-based economy through cautious economic policy reforms. Despite its gradual approach to development challenges, the country experienced the smallest output decline among former Soviet economies and enjoyed high rates of economic growth from 2004 to 2015, largely driven by the high prices of its major export commodities. However, the drop in the global prices of many key commodities in recent years have severely impacted Uzbekistan's economy. Under these circumstances, the new government introduced major reforms. The pace of reform is unprecedented. The government has formulated its long-term economic strategy in its Vision 2030, which aims to double the country's gross domestic product by 2030 through a program of economic diversification. This book analyzes how Uzbekistan can boost sustainable economic growth to create more and better jobs. It considers how the country can consolidate achievements from recent policy reforms and maintain reform efforts to accelerate sustainable growth. Policy recommendations cover fostering macroeconomic stability, increasing investment in physical infrastructure, enhancing human capital, improving firms' access to finance, and lowering barriers to international trade and foreign investment inflows.

eBook - ePub
Uzbekistan Quality Job Creation as a Cornerstone for Sustainable Economic Growth
Country Diagnostic Study
- 244 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
Uzbekistan Quality Job Creation as a Cornerstone for Sustainable Economic Growth
Country Diagnostic Study
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Table of contents
- Front Cover
- Title Page
- Copyright Page
- Contents
- Tables, Figures, and Boxes
- Preface
- Acknowledgments
- Author Profiles
- Abbreviations
- Weights and Measures
- Executive Summary
- 1. Macroeconomic Performance, Opportunities, and Challenges
- 2. Infrastructure as a Foundation for Job Creation
- 3. Unlocking the Potential for Labor Productivity Growth
- 4. Private Sector Development and Access to Finance
- 5. Trade and Foreign Direct Investment in Uzbekistan
- Back Cover
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Yes, you can access Uzbekistan Quality Job Creation as a Cornerstone for Sustainable Economic Growth by Kym Anderson,Edimon Ginting,Kiyoshi Taniguchi in PDF and/or ePUB format, as well as other popular books in Law & Sustainable Development. We have over 1.5 million books available in our catalogue for you to explore.