May 2000 - Like many Central Asian republics, Uzbekistan has adopted a gradual, cautious approach in its transition to a market economy. It has had some success attaining macroeconomic stability, but microeconomic reforms have lagged behind. It is time to accelerate structural reform. In...

Ensuring economic stability through monetary policy is a hard-to-accomplish but commonly accepted way of regulating the economy in times of economic recovery or transition reforms. New landscape of global economic environment clearly demonstrated that new age of monetary policy come with new...

The article analyzes the measures taken in the Republic of Uzbekistan to introduce a holistic assessment of regulatory impact. On the basis of the conducted research and taking into account international experience, the author puts forward proposals for fixing at the legislative level the...

This paper sheds some light about privatisation in utilities. An empirical analysis based on sales in the electricity sector in 38 countries for the period 1977-97 shows that regulation is a crucial institutional variable in privatisation. Not only does it allow governments to increase the pace...