Volume 1, Number 2 (2016)
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Home > Journals > SCIREA Journal of Management > Archive > Paper Information

Role of stock exchanges in economic development of Uzbekistan

Volume 1, Issue 2, December 2016    |    PP. 55-68    |PDF (710 K)|    Pub. Date: January 19, 2017
174 Downloads     1843 Views  

Ulugbek Khalikov, Researcher, Tashkent Financial institute

AbstractThe paper is devoted to study the contemporary role of investments to economic development in the context of Uzbek stock exchange. The comparative analysis of economic development and stock market trends in Uzbekistan, Kazakhstan and Russia for the period of 2000-2015 are conducted using documentary analysis, quantitative and qualitative analysis, and other statistical methods of research.The results reveal that Uzbekistan has made notable change in regulation and improvement of investment climate and has stable economic development trends for the studied period. However, Stock market development in Uzbekistan remains weak and recent government effort to accelerate privatization is expected to boost the market and support foreign investments attraction.

Key words: investments, growth, stock, exchange, Uzbekistan, market

Cite this paper
Ulugbek Khalikov, Role of stock exchanges in economic development of Uzbekistan, SCIREA Journal of Management. Vol. 1 , No. 2 , 2016 , pp. 55 - 68 .


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