E.S. Romanchuk

postgraduate student, Junior Researcher at the Institute of Economics of the Russian Academy of Sciences

SUPPORT OF THE OECD MEMBER STATES AND MULTILATERAL INSTITUTIONS TO THE ECONOMIC DEVELOPMENT OF THE REPUBLIC OF UZBEKISTAN

131-152

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 Abstract

In the last few years, Uzbekistan has become one of the main recipient of official development assistance funds, addressed to the states of post-Soviet space. This article analyzes the structure of this support, the dynamics and the key motives of developed states to support the economic development of Uzbekistan. The donors are divided into three groups depending their contribution: Asian states; countries outside the region, and international institutions, including multilateral development banks. It was concluded that cooperation with the People’s Republic China (the PRC), seems to be the most effective for Uzbekistan in the short term. In the long term, taking into account a need for structural reforms in the country, cooperation with multilateral development institutions, as well as with Japan, Republic of Korea and European states will bring more benefits.

Keywords: official development assistance, OECD, Uzbekistan, multilateral institutions.

JEL: F34, F35

DOI: https://doi.org/10.52180/2073-6487_2022_2_131_152

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For citations:

Romanchuk E.S. (2022). Support of the OECD member states and multilateral institutions to the economic development of the Republic of Uzbekistan// Vestnik Instituta Ekonomiki Rossiyskoy akademii nauk № 2. Pp. 131-152. (In Russ.). https://doi.org/10.52180/2073-6487_2022_2_131_152

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