Uzbekistan: Passages toward the Knowledge-Based Economy
Master Plan for the Transition


Author: Takis Damaskopoulos
Series: Study
Publication Date: March 2004
Category: Premium Membership



Abstract
Knowledge and the development of organizational and institutional conditions that enable its conversion into improved economic performance are increasingly becoming the intangible qualities that have a decisive impact on the capacity of economic and social systems to generate growth and fuel employment creation. However, different countries due to their specific historical trajectories of development and location in the world economy have differential abilities to develop the necessary capacities to make the transition to the knowledge-intensive mode of economic development.

Since its independence, Uzbekistan has made remarkable progress in aspects of macroeconomic stabilization and educational reform. However, such progress lacks a strategic policy-making framework that would enable the country to construct a sustainable knowledge-based economy that could help address the historic challenges the country confronts. Against this background, the Center for Economic Research (CER) of the Government of Uzbekistan (www.cer.uz), in collaboration with the United Nations Development Program (UNDP) (www.ddi.uz), contracted EIIR to act as their international scientific advisor in the development of a research study on the critical elements of the knowledge-based economy in Uzbekistan.

This study is the outcome of this initiative. The main objective of the research was to analyze the current organizational, institutional, and regulatory conditions that structure the economy of the country in order to allow the Government of Uzbekistan develop policies to facilitate the transition to a more knowledge-intensive mode of economic development in alignment with the leading trends in the emerging global economic system. Its final outcome is a Master Plan presented as a ‘policy matrix’ which lays out strategic policy areas that are subject to policy intervention.