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Returning to Convertibility in Uzbekistan?

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  • Martin Spechler

Abstract

Uzbekistan's system of multiple exchange rates arose when the sum was made inconvertible in 1996. This has caused many real problems to this transition economy, and promises to return to convertibility have been only partially carried out so far. The problems ahead are analyzed in this article.

Suggested Citation

  • Martin Spechler, 2003. "Returning to Convertibility in Uzbekistan?," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 6(1), pages 51-56.
    • Handle: RePEc:taf:jpolrf:v:6:y:2003:i:1:p:51-56
    DOI: 10.1080/13841280309600
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    References listed on IDEAS

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    1. International Monetary Fund, 2000. "Welfare Effects of Uzbekistan's Foreign Exchange Regime," IMF Working Papers 2000/061, International Monetary Fund.
    2. Pomfret, Richard, 2000. "Agrarian Reform in Uzbekistan: Why Has the Chinese Model Failed to Deliver?," Economic Development and Cultural Change, University of Chicago Press, vol. 48(2), pages 269-284, January.
    3. MC. Spechler, 2000. "Uzbekistan: the silk road to nowhere?," Contemporary Economic Policy, Western Economic Association International, vol. 18(3), pages 295-303, July.
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