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