Economic development and stabilization in uzbekistan

Abstract

In the early years of independence, industrial and agricultural production declined, and management became more complex. This was due to the fact that Uzbekistan was economically dependent, its enterprises could not run independently, and was completely dependent on factories, equipment and components imported from other regions. When the former Soviet Union disintegrated, ties were severed. Uzbekistan has taken measures to overcome the economic crisis and stabilize the macroeconomy. This article discusses the stages of economic stabilization and development in Uzbekistan after independence.

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