The Progress And Challenges For Creating Genuine Competitive Environment In Uzbekistan

According to the World Bank, FDI increased from 2% of GDP in 2016 to almost 4% of GDP in 2019. [...]the number of operating businesses nearly doubled (Diagram 1), the amount of enterprises with dominant position reduced significantly (Diagram 2), the concentration ratio was decreased substantially o...

Full description

Saved in:
Bibliographic Details
Published inBusiness world (India)
Main Author Gupta, Pravesh Kumar
Format Magazine Article
LanguageEnglish
Published New Delhi Athena Information Solutions Pvt. Ltd 28.06.2021
Subjects
Antitrust
Commodities
Competition policy
Consumer protection
Consumers
Coronaviruses
COVID-19
Disease transmission
Economic development
Food
GDP
Government purchasing
Gross Domestic Product
International trade
Market economies
Pandemics
Privatization
Reforms
Small & medium sized enterprises-SME
Subsidies
Tax reform
Wage & price controls
Uzbekistan
Online AccessGet full text

Cover

More Information
Summary:According to the World Bank, FDI increased from 2% of GDP in 2016 to almost 4% of GDP in 2019. [...]the number of operating businesses nearly doubled (Diagram 1), the amount of enterprises with dominant position reduced significantly (Diagram 2), the concentration ratio was decreased substantially over a four-year period between 2017 and 2020. From price controls to creating market incentives Over a decade, there was a very hard price regulation, which covered more than 130 various products and services. Since 2017, by gradual introducing market mechanisms and boosting commodity exchange trading the number of regulated prices decreased 4 times. [...]abovementioned measures assisted to reduce the number of natural monopolies from 151 to 134 over the four-year period between 2017 and 2020 (Diagram 3).
Bibliography:ObjectType-News-1
content type line 24
SourceType-Magazines-1
ISSN:0970-8197