Description |
1 online resource (30 pages) |
Series |
IMF Working Papers, 2227-8885 ; Working Paper No. 98/132 |
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IMF Working Papers ; Working Paper no. 98/132
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Summary |
880-01 What explains Uzbekistan's unusually mild "transformational recession" and its moderate recovery during 1996-97? We examine potential biases in output measurement, the role of "special factors"--Including initial production structure, natural resources, and public investment policies--and sectoral output developments. The main findings are (i) Uzbekistan's relatively favorable output record is not an artifact of measurement alone; (ii) public investment has had no significant effects on growth; (iii) the mildness of Uzbekistan's transitional recession can be accounted for by its favorable initial production structure and its self-sufficiency in energy; (iv) unless reforms are significantly accelerated, medium-term growth prospects are mediocre |
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880-01/(3/r What explains Uzbekistan s unusually mild transformational recession and its moderate recovery during 1996-97We examine potential biases in output measurement, the role of special factors &#٬٢٠١٤؛including initial production structure, natural resources, and public investment policies and sectoral output developments. The main findings are (i) Uzbekistan s relatively favorable output record is not an artifact of measurement alone; (ii) public investment has had no significant effects on growth; (iii) the mildness of Uzbekistan s transitional recession can be accounted for by its favorable initial production structure and its self-sufficiency in energy; (iv) unless reforms are significantly accelerated, medium-term growth prospects are mediocre |
Notes |
Available in PDF, ePUB, and Mobi formats on the Internet |
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English |
SUBJECT |
Uzbekistan. http://id.loc.gov/authorities/names/n91129869
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Subject |
Uzbekistan.
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Form |
Electronic book
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Author |
Taube, Günther
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Zettelmeyer, Jeromin
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International Monetary Fund.
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ISBN |
1451900600 |
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9781451900606 |
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1452794618 |
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9781452794617 |
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1282029282 |
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9781282029286 |
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9786613796677 |
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6613796670 |
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9781451855357 |
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1451855354 |
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