Wednesday, 09 July 2003

WORLD BANK PUBLISHES ANALYSIS OF UZBEK LIVING STANDARDS

Published in News Digest

By empty (7/9/2003 issue of the CACI Analyst)

The World Bank office in Tashkent has published the first analysis of living standards in Uzbekistan. The study found that more than one-quarter of the population is poor, with one-third of those are living in extreme poverty. A sharp decline in foreign investment was reported to be a major factor contributing to increased poverty.
The World Bank office in Tashkent has published the first analysis of living standards in Uzbekistan. The study found that more than one-quarter of the population is poor, with one-third of those are living in extreme poverty. A sharp decline in foreign investment was reported to be a major factor contributing to increased poverty. According to the World Bank experts, Uzbekistan now has one of the lowest rates of foreign investment in the CIS. The government is relying on small business to boost the economy, but reportedly 66 percent of small enterprises have been compelled to pay bribes. The World Bank study also found that one of the main problems of the Uzbek population is health care because of reductions in government spending. (RFE/RL)
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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