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31.10.2016
Experience on Latvia on regional development support in the organization of the government activities in the field

Experience on Latvia on regional development support in the organization of the government activities in the field

study visit of representatives of the state bodies of the Republic of Uzbekistan to Latvia was held with the support of the Latvian Foreign Ministry and UNDP Resident Representative in Uzbekistan. The goal of the study visit was to get acquainted with the local management expertise and regional development. The trip was attended by representatives of the Cabinet of Ministers, ministries of finance and economy, khokimiyats of Jizzakh, Namangan and Tashkent regions. Participants of the trip directly got acquainted with the Latvian public administration system in the field, with experience of the ministries, departments and local government bodies, and with the interaction of central and local state agencies on regional development.

06.06.2016
Global market of electronic payments: challenges and prospects

Global market of electronic payments: challenges and prospects

Analysis by McKinsey shows that global market of e-payments is on the threshold of sweeping changes. Market of payments will be influenced by the ongoing digital revolution and the emergence of new technologies. Digital technologies are rapidly developing and changing the format of the behavior and interaction of people and business. Also, technological progress will impact greatly on the financial services market, particularly on the payments market.

19.05.2016
Chemical industry as a driver of intersectoral cooperation

Chemical industry as a driver of intersectoral cooperation

Chemical industry of Uzbekistan, concentrated on the production of fertilizers and products used in the mining industries, allowed to create effective conditions for sustainable growth in the agricultural sector, the maintenance of food security of the country and at the same time contributed to the development of basic industries of economy. Today, the provision of agrarian sector with mineral fertilizers is 97%; during 1990-2014 more than 30 types of goods used in mining industries were localized.

20.04.2016
The benefits of e-commerce in Uzbekistan

The benefits of e-commerce in Uzbekistan

Expansion of the number of participants and increasing the speed of transactions are important conditions for growth of competitiveness. In this sense, the main channel of increased economic activity is e-commerce.

Uzbekistan has already established a legislative framework for e-commerce. However, the potential of electronic commerce is to take place. To date, the number of Internet users in Uzbekistan, who are potential consumers in the network, is 10.2 million people. First of all, activation of e-commerce implies the availability of financial instruments for remote payment.

28.03.2016
Effectiveness of public investment management

Effectiveness of public investment management

In Uzbekistan, the volume of investments from central sources (state budget, funds, government debt) has risen sharply and is set to rise further. What are the possible ways of improving of the current mechanism of public investment management for increasing effectiveness of their use?

12.02.2016
Improving tariff policy for increasing energy efficiency of buildings

Improving tariff policy for increasing energy efficiency of buildings

According to the results of inquiry that was held within the research on green buildings, the existing tariff policy doesn’t create enough stimuli for increasing energy efficiency in buildings. It is advisable to form economically justified tariffs for reaching the balance of the interests of society, customers and suppliers.

20.01.2016
Does the revenue transparency exacerbate the inequalities in society?

Does the revenue transparency exacerbate the inequalities in society?

The group of sociologists, psychologists and economists from Yale University has recently published the results of an experiment. They showed that one of the factors contributing to the perpetuation and aggravation of inequality in modern society is the awareness of people about somebody’s wealth.

15.12.2015
National assets and long-term sustainable development

National assets and long-term sustainable development

Having rich resource base according to the indicator of rental income (% of GNI), Uzbekistan is among top 10 resource-secured countries in the world. To a large extent, this has determined the current model of economic growth based on the development of resource-intensive industries.

10.11.2015
Doing Business 2016 – what’s new for Uzbekistan?

Doing Business 2016 – what’s new for Uzbekistan?

Overall, the 10 top improvers implemented the most regulatory reforms in the area of starting a business, followed by getting credit, getting electricity and registering property. What about Uzbekistan? In new Report the position of the country is 87. It is worth noting that in "Doing Business 2015" Uzbekistan’s position was 141. What was improved?

14.10.2015
Changing the emphasis of industrial policy

Changing the emphasis of industrial policy

Over the last years, the strategy of economic growth of Uzbekistan was aimed at accelerating the development of basic industries. A large part of investments in the economy is still given to this sector. It played an important role in providing other sectors with raw materials, and in increasing exports. However, maintaining high rates of economic growth in the long term requires a shift in emphasis on promotion of the accelerated development of processing industries.