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Uzbekistan’s development experiment: An assessment of Karimov’s peculiar economic legacy

Ruziev, Kobil

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Authors

Kobil Ruziev Kobil.Ruziev@uwe.ac.uk
Associate Professor in Economics Education



Abstract

Uzbekistan’s unique post-independence experiment with development was led by Islam Karimov until his sudden death in September 2016. Despite defying international advice on structural reforms, under Karimov’s rule, Uzbekistan achieved an average annual growth rate of 5% in the period 1996–2016, which was particularly impressive (over 8%) in 2004–2016. Karimov also left behind strong macroeconomic fundamentals for his successor. Since taking over the presidency in December 2016, Shavkat Mirziyoyev has introduced wide-ranging reforms, creating an impression of a de facto start to transition in Uzbekistan. This study analyses Karimov’s economic legacy and assesses whether it has enabled or hindered the developmental targets set by his successor.

Citation

Ruziev, K. (2021). Uzbekistan’s development experiment: An assessment of Karimov’s peculiar economic legacy. Europe-Asia Studies, 73(7), 1303-1329. https://doi.org/10.1080/09668136.2021.1919602

Journal Article Type Article
Acceptance Date Apr 29, 2020
Online Publication Date May 19, 2021
Publication Date 2021
Deposit Date Jul 28, 2020
Publicly Available Date May 25, 2021
Journal Europe-Asia Studies
Print ISSN 0966-8136
Electronic ISSN 1465-3427
Publisher Taylor & Francis (Routledge)
Peer Reviewed Peer Reviewed
Volume 73
Issue 7
Pages 1303-1329
DOI https://doi.org/10.1080/09668136.2021.1919602
Public URL https://uwe-repository.worktribe.com/output/6017673

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