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Uzbekistan: the silk road to nowhere?

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  • MC. Spechler

Abstract

The Central Asian country of Uzbekistan has adopted a unique transition strategy of gradual, state‐guided development in which stability and equality are principal objectives and in which growth is sought for now by exporting staple raw materials and importing capital equipment to assure energy independence and to invest in backward‐linkages into cotton fabricating, chemicals, and other manufacturing branches. Sharp criticisms of the‘Uzbek Road’by multinational agencies unfairly neglect positive aspects of the transition record to date in comparison with other post‐Soviet states of the area.

Suggested Citation

  • MC. Spechler, 2000. "Uzbekistan: the silk road to nowhere?," Contemporary Economic Policy, Western Economic Association International, vol. 18(3), pages 295-303, July.
    • Handle: RePEc:bla:coecpo:v:18:y:2000:i:3:p:295-303
    DOI: 10.1111/j.1465-7287.2000.tb00026.x
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    References listed on IDEAS

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    1. Mr. Jeromin Zettelmeyer & Mr. Günther Taube, 1998. "Output Decline and Recovery in Uzbekistan: Past Performance and Future Prospects," IMF Working Papers 1998/132, International Monetary Fund.
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    Cited by:

    1. Ichiro Iwasaki & Taku Suzuki, 2016. "Radicalism Versus Gradualism: An Analytical Survey Of The Transition Strategy Debate," Journal of Economic Surveys, Wiley Blackwell, vol. 30(4), pages 807-834, September.
    2. Alexandra Reppegather & Manuela Troschke, 2006. "Graduelle Transformation von Wirtschaftsordnungen: Ein Vergleich der Reformstrategien Chinas und Usbekistans," Working Papers 260, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
    3. Ranaweera, Thilak, 2003. "Market disequilibria and inflation in Uzbekistan, 1994-2000," Policy Research Working Paper Series 3144, The World Bank.
    4. Timur Dadabaev & Nigora Djalilova, 2021. "Connectivity, energy, and transportation in Uzbekistan’s strategy vis-à-vis Russia, China, South Korea, and Japan," Asia Europe Journal, Springer, vol. 19(1), pages 105-127, March.
    5. Martin Spechler, 2003. "Returning to Convertibility in Uzbekistan?," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 6(1), pages 51-56.
    6. Martin C. Spechler, 2003. "Crouching Dragon, Hungry Tigers: China and Central Asia," Contemporary Economic Policy, Western Economic Association International, vol. 21(2), pages 270-280, April.
    7. Stark, Manuel & Ahrens, Joachim, 2012. "Economic reform and institutional change in Central Asia: Towards a new model of the developmental state?," PFH Forschungspapiere/Research Papers 2012/05, PFH Private University of Applied Sciences, Göttingen.

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