A Comparative Analysis of the Economic Transitions of the Republic of Uzbekistan and Central and Eastern European Countries

Economic transition is a pivotal part of the economic development of the post- communist countries. Some countries were more successful than others in the develop- ment of adequate reforms that allowed the economy to grow. In this study I provide a comparative analysis of the experience of economic transition in the Republic of Uzbek- istan and Central and Eastern European countries. To do so, I use the key features of economic transition and provide statistical evidence together with data analysis, which allows me to draw conclusions on similarities and differences between the experiences of the countries of interest. Furthermore, I am able to provide some policy recommen- dations, including a switch of inflation-fighting methods and a suggestion regarding existing monopolies. This research contributes to the studies on economic transition and, additionally, to the studies on the new economic reforms in the Republic of Uzbek- istan. Keywords: Economic Transition, Uzbekistan, Central and Eastern Europe (CEE), Visegrad group, Compariso