How Tight is Too Tight? A Look at Welfare Implications of Distortionary Policies in Uzbekistan

Since independence in 1991, Uzbekistan has pursued a gradual approach to the transition from planned to market economy. This approach relied heavily on trade controls, directed credit, and large public investments. In addition, a number of financial sector measures were instituted that distorted res...

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Bibliographic Details
Main Authors: Edward R. Gemayel, David A. Grigorian
Format: Article
Language:English
Published: Università Carlo Cattaneo LIUC 2006-12-01
Series:The European Journal of Comparative Economics
Subjects:
Online Access:http://eaces.liuc.it/18242979200602/182429792006030204.pdf