IDEAS home Printed from https://ideas.repec.org/a/taf/pocoec/v31y2019i2p240-257.html
   My bibliography  Save this article

The role of industrial policy in the economic development of Uzbekistan

Author

Listed:
  • Eun Young Bae
  • Jai S. Mah

Abstract

This paper discusses the role of industrial policy in the economic development of Uzbekistan, which took a gradualist approach in transition and continued to record rapid economic growth from the early 2000s. It stopped depending on cotton monoculture and was able to achieve self-sufficiency in grain. It transformed itself from a net fuel importer to an exporter. The government promoted the manufacturing sector, focusing on the heavy industries, such as the automotive and chemical industries. Industrial restructuring in Uzbekistan has been supported by the industrial policy. The government has taken several industrial policy measures, including tax and financial incentives, state orders, policy selectively welcoming foreign direct investment, import protection and export promotion, and exchange-rate management. This paper provides policy implications for the other developing and transition economies pursuing economic development and considers the appropriate role of the government.

Suggested Citation

  • Eun Young Bae & Jai S. Mah, 2019. "The role of industrial policy in the economic development of Uzbekistan," Post-Communist Economies, Taylor & Francis Journals, vol. 31(2), pages 240-257, March.
    • Handle: RePEc:taf:pocoec:v:31:y:2019:i:2:p:240-257
    DOI: 10.1080/14631377.2018.1443252
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/14631377.2018.1443252
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/14631377.2018.1443252?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sardor Tadjiev & Pierre-Yves Donze, 2021. "The Development of the Automotive Industry in Post-Soviet Countries since 1991," Eurasian Journal of Business and Management, Eurasian Publications, vol. 9(2), pages 164-183.
    2. Euna Lee & Jai S. Mah, 2020. "Industrial Policy, Industrialization and Economic Development of Kyrgyzstan," Asian Social Science, Canadian Center of Science and Education, vol. 16(9), pages 1-41, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:pocoec:v:31:y:2019:i:2:p:240-257. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CPCE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.