Financial Sector Reform in Uzbekistan

The rapid disintegration of the Soviet Union has
fostered a host of interesting questions, not least
the best means of transforming stagnant socialist
economic systems into vibrant market economies. This
has meant that the transition economies of the former
Soviet bloc have formed the subject of intensive
economic research over the past twenty years.
However, Uzbekistan remains one of the least-studied
areas within this literature. In particular, very
little work has been focused on financial sector
reform in Uzbekistan. The urgent need to remedy this
unfortunate neglect has been the major motivation for
this book. This book represents the first
comprehensive analysis of financial sector reform in
post-communist Uzbekistan. It considers the design,
scope, pace and sequencing of financial reforms by
constructing a comprehensive picture of financial
sector transformation in Uzbekistan. Past policy
failures are identified and policy recommendations
for future reform are advanced. Academics, business
executives and policy practitioners involved in the
transition economies will find the book an invaluable
resource on financial sector development in
Uzbekistan.