TRANSITION OR TRANSFORMATION? SOCIAL AND GENDER ASPECTS OF RURAL DEVELOPM ENT AS AN INTEGRAL PART OF THE REFORM STRATEGY IN UZBEKISTAN
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The transition from a centrally planned economy to a market economy, which had become the ultimate aspiration by the end of the 1980s, has not been as fast and as easy as many initially expected. Moreover, almost a quarter of a century later, many of the postulates of this transition, based on the so-called Washington Consensus, are not necessarily considered to be the only right ones anymore. Markets cannot be built overnight, free trade doesn’t always create jobs, private initiatives do not necessarily ensure better quality and accessibility, and the openness of immature financial systems can make national economies extremely vulnerable to external shocks.
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