Valdai Club

Uzbekistan provides an example of how to achieve balanced transformation without resorting to abrupt upheavals – a model that could serve as a benchmark for other developing countries, Umid Abidkhadjaev writes.

Uzbekistan’s unique experience accumulated in recent history pursuing a balanced implementation of reforms without the Uzbekistan’s unique experience accumulated in recent history pursuing a balanced implementation of reforms without the negative elements of shock therapy provides grounds for optimism, opens up new prospects and may be of interest to the rest of Eurasia, writes Umid Abidkhadjaev, Director of the Institute for Forecasting and Macroeconomic Research under the Ministry of Economic Development and Poverty Reduction of the Republic of Uzbekistan.