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    Yash Bhatia - EIMSTK

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    Uzbekistan is a country in Central Asia with a population of 33.4 million people. It has a GDP of $53 billion and per capita GDP of $2300. Uzbekistan has a large mining industry and is a major gold and natural gas producer. Corruption is widespread throughout the government and society, with Uzbekistan ranking 153 out of 180 countries on the corruption index. The country has experienced political stability but also has a weak rule of law. Uzbekistan's human development index score of 0.710 indicates high human development, though it faces economic challenges such as reliance on commodity exports and imports that exceed exports.

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    Yash Bhatia - EIMSTK

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    Yash Bhatia
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    Uzbekistan is a country in Central Asia with a population of 33.4 million people. It has a GDP of $53 billion and per capita GDP of $2300. Uzbekistan has a large mining industry and is a major gold and natural gas producer. Corruption is widespread throughout the government and society, with Uzbekistan ranking 153 out of 180 countries on the corruption index. The country has experienced political stability but also has a weak rule of law. Uzbekistan's human development index score of 0.710 indicates high human development, though it faces economic challenges such as reliance on commodity exports and imports that exceed exports.

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    Uzbekistan

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    13319_Yash Bhatia_EIMSTK

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    Uzbekistan is a country in Central Asia with a population of 33.4 million people. It has a GDP of $53 billion and per capita GDP of $2300. Uzbekistan has a large mining industry and is a major gold and natural gas producer. Corruption is widespread throughout the government and society, with Uzbekistan ranking 153 out of 180 countries on the corruption index. The country has experienced political stability but also has a weak rule of law. Uzbekistan's human development index score of 0.710 indicates high human development, though it faces economic challenges such as reliance on commodity exports and imports that exceed exports.

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    © All Rights Reserved
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    25 views10 pages

    Yash Bhatia - EIMSTK

    Uploaded by

    Yash Bhatia
    Uzbekistan is a country in Central Asia with a population of 33.4 million people. It has a GDP of $53 billion and per capita GDP of $2300. Uzbekistan has a large mining industry and is a major gold and natural gas producer. Corruption is widespread throughout the government and society, with Uzbekistan ranking 153 out of 180 countries on the corruption index. The country has experienced political stability but also has a weak rule of law. Uzbekistan's human development index score of 0.710 indicates high human development, though it faces economic challenges such as reliance on commodity exports and imports that exceed exports.

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    of 10

    Country Analysis: Uzbekistan

    About the Country

     Uzbekistan, officially the Republic of Uzbekistan, is a


    country in Central Asia with a population of 33.4 million
     As a sovereign state, Uzbekistan is a secular, unitary
    constitutional republic. It comprises 12 provinces
    (vilayats) and one autonomous republic, Karakalpakstan.
     It has GDP 53 USD billion and per capita GDP is $2300
    Understanding Country’s Economic Condition

     Resources:
     Minerals and mining also are important to Uzbekistan's economy. Gold, alongside cotton, is a major
    foreign exchange earner, unofficially estimated at around 20% of total exports
     Uzbekistan is the world's seventh-largest gold producer, mining about 80 tons per year, and holds the
    fourth-largest reserves in the world
     Uzbekistan has an abundance of natural gas, used both for domestic consumption and export; oil used
    for domestic consumption; and significant reserves of copper, lead, zinc, tungsten, and uranium
    Corruption Index

     The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is
    perceived to be. A country or territory's rank indicates its position relative to the other countries and
    territories in the index
     Corruption in Uzbekistan is a serious problem. There are laws in place to prevent corruption, but the
    enforcement is very weak. Low prosecution rates of corrupt officials is another contributing factor to the
    rampant corruption in Uzbekistan. It is not a criminal offence for a non-public official to influence the
    discretion of a public official
     The judicial system faces severe functional deficits due to limited resources and corruption
     In Uzbekistan, corruption is present at virtually every level of society, business, and government. It is also
    one of the world's most corrupt countries, and among the contributory factors is its possessing the second
    largest economy in Central Asia, its large reserves of natural gas, and its geographical position between the
    rival powers of the so-called Cold War II
     Corruption Index is 25 and the rank is 153 among 180 least corrupt nations
    Political Stability and Absence of
    Violence/Terrorism

     Political Stability and Absence of Violence/Terrorism


    captures perceptions of the likelihood that the government
    will be destabilized or overthrown by unconstitutional or
    violent means, including politically-motivated violence and
    terrorism
     Political Stability and Absence of Violence/Terrorism:
    Estimate in Uzbekistan was reported at --0.34373 in 2016,
    according to the World Bank collection of development
    indicators, compiled from officially recognized sources.
    Uzbekistan - Political Stability and Absence of
    Violence/Terrorism: Estimate - actual values, historical data,
    forecasts and projections were sourced from the World
    Bank on July of 2020
    Human Development Index

     The Human Development Index (HDI) is a statistic


    composite index of life expectancy, education (Literacy Rate,
    Gross Enrollment Ratio at different levels and Net Attendance
    Ratio) , and per capita income indicators, which are used to rank
    countries into four tiers of human development
     Uzbekistan's HDI value for 2018 is 0.710— which put the
    country in the high human development category— positioning
    it at 108 out of 189 countries and territories. The rank is shared
    with Turkmenistan. Between 2000 and 2018, Uzbekistan's HDI
    value increased from 0.596 to 0.710, an increase of 19.2 percent
    Trading at Uzbekistan

    Imports
     Uzbekistan’s main imports are machines and equipment,
    chemical products, food and metals
     Its largest sources of imports are China, Russia, South
    Korea, and Kazakhstan
     Imports in Uzbekistan increased to 17968.80 USD
    Million in the third quarter of 2019 from 11245.60 USD
    Million in the second quarter of 2019
    Exports
     The leading exports from Uzbekistan consist largely of
    extracted natural resources or raw materials—cotton, natural
    gas, oil, coal, silk, fruit, and Karakul pelts
     Some fresh produce reaches Moscow and other northern
    markets. Manufactured goods such as machines, cement,
    textiles, and fertilizer are also exported
     Its main export destinations are Switzerland, China, Turkey, and
    Kazakhstan
     Exports in Uzbekistan increased to 13677 USD Million in the
    third quarter of 2019 from 8437.60 USD Million in the second
    quarter of 2019.
    Global Competitiveness Index

     The Global Competitiveness Index (GCI) of the World Economic Forum (WEF) assesses the economic
    potential, as well as the ability of the state to provide a certain standard of living for citizens. The indicator,
    in turn, demonstrates the degree of efficiency in the use of available resources by the state
     Currently, Uzbekistan is not included in GCI but it is expected that the country will join the GCI from 2021
    Thank you!
    Yash Bhatia
    133119
    IMG-13

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