After the break-up of the Soviet Union, Uzbekistan`s output fell less than in any other former Soviet Republic, and growth turned positive in 1996/97. Given the country`s hesitant and idiosyncratic approach to reforms, this record has suprised many observers. This paper first shows that a...

Uzbekistan is not usually considered an economic success story, but in fact it is: its GDP increased since 1989 more than in any other post-communist country, except for China, Vietnam and Turkmenistan. The success of Uzbekistan is very much similar to the Chinese – gradual economic reforms...