Entrepreneurs of Uzbekistan as a basis for forming the middle class (2014)
Private business is a target for current reforms in Uzbekistan since it is considered an important driving force behind transformations in the socio-economic and socio-political spheres. Small businesses and private entrepreneurship (SBPE) are directly connected to the generation and expansion of a middle-class social stratum.
The present status of entrepreneurship in Uzbek society is still far from meeting needed socio-economic criteria. Satisfying such criteria would enable business agents to make a positive developmental impact. Endeavours to support private business are linked to the current environment, which at the present time involves excessive regulation and a high non-production risk level. Together, these factors contribute to speculative business models and hinder intensive and qualitative development in the private sector.
The views expressed in this publication are those of the working group and do not necessarily reflect the official opinion of the Center for Economic Research.
© UNDP, 2014 (www.uz.undp.org)
