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Actors of modernization: who are they? (or, Gyulchatay, will you unveil your face?)

29.06.2012

Actors of modernization: who are they? (or, Gyulchatay, will you unveil your face?)

Modernization is a process, and that means there should be actors of modernization, i.e. social groups who would be interested in the outcomes of modernization.

An analysis shows that in Uzbekistan, to implement programs of modernization, the stake is placed on large state-owned companies and corporations that operate under state bodies for economic management. And, perhaps, in our model of reform, where the state retains a strong presence in the economy, this scenario is inevitable.

But the problems that exist in corporate governance (weak management, lack of economic incentives for the effective work of the management of these companies, etc.) greatly reduce the abilities of these actors to be effective in the implementation of the programs of modernization. So, they do not really qualify as effective actors of modernization.

There is a need for modernization and for industrialization, but yet there are no effective actors, who would implement the tasks of modernization.

When we come to the actors of economic modernization, there arise multiple questions, and there is not as much clarity here.

Who are the actors of economic modernization? Who should really deal with economic modernization? Join the conversation on Transformation Space.