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Uzbekistan: Achieving a multidimensional transition

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  • Sylvain Bellefontaine

Abstract

Relatively sound macroeconomic fundamentals, coupled with government measures and financial support from donors, have allowed Uzbekistan to withstand the shock of the health crisis. Despite a marked deterioration in the regional situation for the last year, the country shows internal political stability. At the same time, President Shavkat Mirziyoyev’s “New Uzbekistan Strategy” is continuing the post-Soviet economic transition formally initiated in 2017. However, the uncertainties generated by the international environment seems to hamper the implementation of reforms and the transformation from a planned economy to a market economy. The objective of this publication is to present the major macroeconomic trends in the country.

Suggested Citation

  • Sylvain Bellefontaine, 2022. "Uzbekistan: Achieving a multidimensional transition," Working Paper 14a15403-51dd-4e88-90b6-4, Agence française de développement.
    • Handle: RePEc:avg:wpaper:en14771
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    File URL: https://www.afd.fr/sites/afd/files/2022-11-10-48-19/AFD-MacroDevFlash_Ouzbekistan-N44-UK-WEB.pdf
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    Keywords

    Ouzbékistan;

    JEL classification:

    • E - Macroeconomics and Monetary Economics

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