Finance and Development
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.
Projects
- Uzbekistan towards the Rio +20
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October 2011 - June 2012
The aim of the study is to determine mechanisms for the effective integration of global priorities into the planning and realization of the national development programmes. This is to achieve sustainable development, and examine tools of advancing national position on the Global conference.
- Improving education system to ensure efficiency of modernization processes
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October 2011 - July 2012
The aim of this research is to develop recommendations on improving the education and re-education system to ensure achieving long-term goals of modernization projects.
- Improving management system of national companies to facilitate modernization processes
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June 2011 - February 2012The research aimes at developing set of recommendations to improve management system of state companies for further facilitation of their participation in country's modernization.
- International experience in funding general secondary education: lessons for Uzbekistan
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April 2011 - October 2011
The review aims at analysis of international experience in funding secondary education and exploration of the impact of the funding system on the key principles of education, such as quality, accessibility, equity.
- Information-analytical review “Economy of Uzbekistan”
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January 2011 - December 2012Quarterly published Informational and analytical bulletin “Uzbekistan Economic Trends” analyzes the dynamics, qualitative changes and tendencies that have taken place in the country's economy during the given period.
- Portrait of Entrepreneur
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November 2010 - June 2011CER in partnership with Chamber of Commerce and Industry of Uzbekistan, and with the support of UNDP, launches the second round of the “Portrait of Entrepreneur” survey.
- Teacher shortage and teacher quality in Uzbekistan: a school-level analysis
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April 2010 - October 2010The main objective of this study is the evaluation of the availability of qualified teachers in the Republic of Uzbekistan, as well as developing recommendations ensuring the system of basic education with the sufficient number of qualified teachers.
- Business Climate Index (BC Index)
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January 2010 - December 2012
BC Index is a joint initiative of Center for Economic Research and Chamber of Commerce and Industry of Uzbekistan aimed at elaborating a toolkit for assessment and short-term forecasting of business activity dynamics. The BC Index is calculated on the base of survey results of approximately 500-600 enterprises’ managers from all 14 regions of Uzbekistan and covers 5 main sectors of economy – industry, agriculture, construction, transport and communications, trade.
- Adjustments in the Global Financial Architecture - Implications for Policies in Uzbekistan
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November 2009 - December 2010
Current project consists of two main components:
1. The global financial architecture reform: accumulation and use of the official reserve assets in Uzbekistan with regard to the changes in the world exchange system (Policy brief). (Policy brief issuing in April, 2010)
2. The global financial architecture reform: formation of the perspectives of the banking sector development in Uzbekistan with regard to the toughening of the prudential regulation on the global financial markets (Policy brief). (January, 2010 – July, 2010)
- Finance development, inequality and poverty reduction (evidence from Uzbekistan)
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November 2009 - November 2010The goal of this study is to assess the links between economic growth rates, development of financial sector and the main indicators used to measure qualitative changes in poverty dynamics, namely poverty rates and changes in income distribution.

