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The role of industrial policy in the economic development of Uzbekistan

Title
The role of industrial policy in the economic development of Uzbekistan
Authors
Bae E.Y.Mah J.S.
Ewha Authors
마재신
SCOPUS Author ID
마재신scopus
Issue Date
2019
Journal Title
Post-Communist Economies
ISSN
1463-1377JCR Link
Citation
Post-Communist Economies vol. 31, no. 2, pp. 240 - 257
Keywords
economic developmentindustrial policyIndustrialisationUzbekistan
Publisher
Routledge
Indexed
SSCI; SCOPUS WOS scopus
Document Type
Article
Abstract
This paper discusses the role of industrial policy in the economic development of Uzbekistan, which took a gradualist approach in transition and continued to record rapid economic growth from the early 2000s. It stopped depending on cotton monoculture and was able to achieve self-sufficiency in grain. It transformed itself from a net fuel importer to an exporter. The government promoted the manufacturing sector, focusing on the heavy industries, such as the automotive and chemical industries. Industrial restructuring in Uzbekistan has been supported by the industrial policy. The government has taken several industrial policy measures, including tax and financial incentives, state orders, policy selectively welcoming foreign direct investment, import protection and export promotion, and exchange-rate management. This paper provides policy implications for the other developing and transition economies pursuing economic development and considers the appropriate role of the government. © 2018, © 2018 Informa UK Limited, trading as Taylor & Francis Group.
DOI
10.1080/14631377.2018.1443252
Appears in Collections:
스크랜튼대학 > 국제학부 > Journal papers
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