Economy

[sm1]

"On the other hand, recent internal and external trends imply that macroeconomic stability is at risk. The sharp decline in exports since mid-1998, the drop of world market prices of cotton and gold, the administratively-imposed import-substituting industrialisation, the rapid accumulation of (mainly short-term) external debt, and declining international reserves together with other factors led to an economic crisis in 2000 in which the government has been forced to depreciate the som by over half of its value in the second half of 2000. According to the ministry of finance, Uzbekistan ended 2000 with a foreign debt of US $ 4.15 billion. This represents 48 % of GDP (using the official exchange rate) and 128 % of GDP (at the black market rate)."

http://europa.eu.int/comm/external_relations/uzbekistan/intro/index.htm#top

[Chitatel]

Uvi, no kajetsya eto pravda.

[Overloaded]

Kajis' shokovoy terappi nam vse ravno ne izbejat'.

Jal' chto stol'ko deneg proeli, a systema tak i ne rabotaet.

Para snimat' lapshu i dvigat'sia k rinku.

[reader]

A Kitaj imel shokovuyu terapiu?

[Chitatel]

Tak v Kitaye do sih por ofitsialnaya ideologia sotsializm :-)

[Komsomolec]

A u nas naoborot - ideologiya "Chudo-Istiqlol", a economica ot socializma skoro uzhe v kommunizm pereydyot!

[Chitatel]

Idei Lenina jivut i pobejdayut. :-)

[Dani]

hmm..da