Economics of Uzbekistan
For already 18 years Uzbekistan with confidence is going along the way of democratization of social-political development, modernization of economy and formation of real owners of property.
The transition from economy stabilization to its qualitative growth is observed. The conducted reforms during the years of independence in the field of economic development are aimed mainly at the transition from a strong state to a strong civil society, and fast integration of the republic into the world community.
The economy of the Republic of Uzbekistan represents by itself the multi-branched territorial-productive complex. Its basis consists of the following sectors of productive specialization: gas, oil, electric energy generation, non-ferrous and ferrous metallurgy, machine building, cotton ginning, textiles, chemical, and the others. Industry is the leading sector of national economy of Uzbekistan. It is the basis for the majority of territorial-production complexes, and it forms the complicated system of internal and inter district trade and economic links. Industry of the republic appeared and developed mainly on the: basis of the requirements and needs of the main national economy branches: cotton growing, silk culture, fruit growing, astrakhan breeding. Further, it became the leading link of the national economic cotton complex. Industry of the republic is characterized by the developed specialization and cooperation of its main branches.
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