Gradualism in Transition-Uzbekistan

Abstract

Uzbekistan is known as a representative model for transition to a market economy. Its decline in GDP was less compared with a model of a radicalism such as Kyrgyz, . However, Uzbekistan faces different challenges for a transition. Industries were organized under the sector-wise "associations" that function as a dual organization, namely, as a belt of control by the government and a fake voluntary association of enterprises. The mechanism could be termed as a cartel under a strong leadership of state, namely a re-organization of state and private enterprises, which does not guarantee an automatic transition to a market economy.