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Late Banking Transitions : Comparing Uzbekistan to Earlier Reformers (anglais)

Uzbekistan is one of the late transition economies. This paper compares the early experience and challenges that Uzbekistan confronts in transitioning its banking system to market principles against the earlier experience with banking transitions from Poland, Russia, and Vietnam, and other relevant evidence from the literature. To that effect, the paper uses new data on Uzbekistan’s banking sector, the data on past transition economies, and qualitative...
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