Finance and Development

Projects Archive

Orzimurad Gaybullaev

Featured Researcher

Umida Islamova

Researcher of Finance & Development Unit, focusing on issues of macroeconomic development and social policy. Master's degree in Public Policy, Graduate School of International Corporate Strategy, Tokyo, Japan.

Research Team

Financial sector and its sustainable development is one of the key pillars of any emerging economy, hence, the effectiveness of policies and strategies in this sector, especially in light of the global financial crisis, is crucial for the economy. To this end, CER conducts demand-driven studies on the most challenging issues in the field of macroeconomic, financial and economic development. The Finance and Development component secures the following activities:

  • Implementation of research projects in the field of macroeconomic, financial and economic development;
  • Introducing new methods of economic analysis and developing innovative models for depicting economic development progress both on sectoral and national levels;
  • Elaborating recommendations on effectively addressing current economic development challenges in the medium and long run.

Featured Research Projects

  • Monitoring of business activity

    Business Climate Index (BC Index)

    Current project is a joint initiative of CER and Chamber of Commerce and Industry of Uzbekistan aimed at elaborating a toolkit for assessment and short-term forecasting of dynamics of business activity.


Latest Publications

  • Almanac of Uzbekistan

    Almanac of Uzbekistan 2011

    CER presents new issue of Almanac of Uzbekistan 2011 – a special edition devoted to the 20th anniversary of Independence of the Republic of Uzbekistan.

    Almanac of Uzbekistan is a unique publication which includes valuable information on the dynamics of economic reforms, results of the reforms in particular sectors of economy and regions during the 20-year period. The publication intends to enhance the awareness of the readers, particularly the government officials, representatives of private sector, scholars and students, local and international investors about key directions and achievements in the socio-economic development of Uzbekistan since it had become independent.

  • Economy of Uzbekistan

    Health reform in Uzbekistan: longer terms and challenges

    Accelerated economic growth since mid 2000th allowed to considerably increase public expenditures in health care. Still there is a growing concern that in the longer run government alone would hardly be able to meet the growing need of the sector.

    The Development Focus One-pager (#3) analyzes key factors of the growing expenditures for the health care by the Government of Uzbekistan, as well as provides some options to finance the sector.