Publication:
Late Banking Transitions: Comparing Uzbekistan to Earlier Reformers

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dc.contributor.authorBabasyan, Davit
dc.contributor.authorGu, Yunfan
dc.contributor.authorMelecky, Martin
dc.date.accessioned2022-03-25T19:20:23Z
dc.date.available2022-03-25T19:20:23Z
dc.date.issued2022-03
dc.description.abstractUzbekistan 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 and quantitative evidence from the literature. Uzbekistan’s latest experience with banking transition generates important lessons for countries that have yet to transition. Namely, how much can a new transitioning country reasonably expect to accomplish within the medium term Which banking reforms are the most essential and how should they best be sequenced How can expectations about efficient capital reallocation be managed, access to finance made more equitable, and transition risks of financial instability be mitigated What are the complementary reforms in the real sector, especially of state-owned enterprises and the competition framework, that need to happen in tandem for the new banking market to function properlyen
dc.identifierhttp://documents.worldbank.org/curated/en/099918403232210392/IDU00d5418c80f89e0407c0a74c087e39a506442
dc.identifier.doi10.1596/1813-9450-9984
dc.identifier.urihttps://hdl.handle.net/10986/37221
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;9984
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectTRANSITION TO MARKET ECONOMY
dc.subjectFORMER TRANSITION ECONOMIES
dc.subjectPUBLIC FINANCIAL MANAGEMENT REFORMS
dc.subjectBANKING TRANSITION
dc.subjectBANKING REFORM
dc.subjectFINANCIAL SECTOR PRIVATIZATION
dc.subjectMEDIUM TERM BANKING REFORM
dc.titleLate Banking Transitionsen
dc.title.subtitleComparing Uzbekistan to Earlier Reformersen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleLate Banking Transitions: Comparing Uzbekistan to Earlier Reformers
okr.date.disclosure2022-03-23
okr.date.doiregistration2025-04-10T12:07:24.607753Z
okr.date.lastmodified2022-03-23T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/099918403232210392/IDU00d5418c80f89e0407c0a74c087e39a506442
okr.guid099918403232210392
okr.identifier.doi10.1596/1813-9450-9984
okr.identifier.externaldocumentum33765356
okr.identifier.internaldocumentum33765356
okr.identifier.reportWPS9984
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099918403232210392/pdf/IDU00d5418c80f89e0407c0a74c087e39a506442.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryUzbekistan
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Financial Intermediation
okr.topicGovernance::Governance and the Financial Sector
okr.topicPrivate Sector Development::Competitiveness and Competition Policy
okr.topicPrivate Sector Development::Privatization
relation.isAuthorOfPublicationc2369c70-649c-4c08-a1c8-b1dcb7d123de
relation.isAuthorOfPublication.latestForDiscoveryc2369c70-649c-4c08-a1c8-b1dcb7d123de
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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