Money Denomination

[E.I.]

Money denomination

many think it is the time for introducing free convertability in Uzbekistan, because all conditions necessary are available,
e.g. ever-growing gap between the official and real(market) exchange rate of Sum,
the lack of foreign investors because of difficulties to freely dispose in Uzbekistan earned money,
wide spread corruption,
descrease in export due to fall in gold & cotton prices etc.

Another argument for intoducing convertability can be Cyrillic Alphabet in what government Banknotes are expressed.

what do our future economists say about that?

[Sher]

EI,

Bu argument unchalik katta axamiyatga ega emas menimcha. Odamlarga pul bo`lsa bo`ldi, kirillitsada yoziladimi, lotinchadami farqi yo`q :)
Hamda kirillitsadayam, lotinchadayam RAQAMlar bir xil.

Ha aytgandek, bizning "yangi" passportlarimiz ham allaqachon eskirgan, chunki ularda ham hech bir erida LOTIN alifbosi yo`q, kirillitsa va ingliz tilida yozilgan xolos :)

Xulosa qiladigan bo`lsak yaqin orada pul ham, passport ham almashsa kerak, lekin pul almashgani konvertatsiya ochiladi degani emas. Ularni orasida psixologik bog`liqlik bo`lmasa hech qanday iqtisodiy bog`liqlik yo`q.


Sher

[afandi]

Pul konvertaciyasi
Rostdan ham dollar'ni bozordagi kursi va rasmiy kurs orasida juda katta farq bor. Ajabo bu kim uchun foydali va kimga zarar?
Manimcha dollar bilan ish qiladigan boy qatlamga bu qo'l keladi, chunki dollarni emas so'mmi qadri pasayivotti. So'm bilan oylik oladigan odamla esa borgan sayin kambag'allashadi. Purchasing Power degan atama bor adashmasam, bunga ko'ra bizzi milliy valyutamizzi Purchasing Power'i borgan sayin tushib ketmoqda, chunki bozorga borsez, narhla ko'tarilgan. Nimaga deb so'rasez "Dollar oshdi "- deb javob berishadi. Oylikni esa qora bozor kursi bo'yicha emas davlat kursi bilan berishadi. Natijada kim foyda qivotti? (biz o'qivotgan iqtisod bo'yicha adabiyotlada Convertability Restricted qilinishi kuchli tabaqalnishga olib kelar ekan) Konvertaciya'ni yopish qisqa muddatda o'zini oqlashi mumkin, lekin bu cheksiz davom etmidiku.
Hozirgi kunga kelib O'zbekiston'da iqtisodni liberallashtirish haqida ko'p mulohazala yuribdi. Manimcha liberallashtishni aynan konvertaciyni ochishdan boshlash kerak.
Afandi

[Someone]

Birodarlar man haliyam tushunolmayapman,
1-Birinchidan Denominatsiya degani pul birligini almashtirish orqali yiriklashtirish, yani 1998 yili Rosiya Federatsiya qilgani kabi 1000=1 ga qilib devolvatsiya oldini olish maqsadida reformasini utkazdi.Lekin negadur silar mavzuni "Money Denomination" deb qoyib Convertatsiya haqida mulohoza yuritmoqchisilar.Bu gap mavzu tanlagan taqsirga tegishlidir.To'g'risini aytsam bu Iqtisodiyot nazariyasni asoslari mi deyman.Undan tashqari huddi usha yerda Devolvatsiya va evolvatsiya ham bor edimi deyman agar hotiram mani aldamayotgan bulsa.Yana bir narsa qushib aytadigan bulsam, bu haqida bahs yuritaman desangiz manimcha kamida Mc Onnell bilan Bru ni "Economics"ni uqib chiqsangiz yomon bulmas edi.:)
2-Ikkinchidan, Uzbekistoni pul birliklari convertatsiya standartlarini 7 ti talablaridan faqat 4 tasiga javob bera oladi. Bu ham usha talabani uqigan bulishi kerak darslardan birida aytilgan domla tomonidan.
3-Uchinchidan, aytmoqchi bugan gapim Mikro jihatdan uylagandan kura Makroga ham nazar tashlab qoysanglar yomon bumas edi mi deyman. Bilaman Angliyada uqiydigan kup Umidchilar micro darslarini kup olishadi lekin bu darajada emas ku :).Bu gap sizga tegishli, afandi.
Men qancha uqigan bumasam ham, hali uz zimmamga olib gapiradigan darajaga yetmaganman deb uyliman, chunki bu kontseptiyani ham silardan ancha bilimdon odam uylab kurib chiqib natijada maqulashgan.A tak yesli chto uqiganim yetib qolar bahs yuritganiga.Bu gaplarni uzlaringga judda yqin olib yana hafa bulib yurmanglar. Men faqatgina bu ahvolni kurib umidchilarga achinib qoldim holos.Mendan utgan bulsa uzr. Kelasi safargacha hayr. E'tiboringiz uchun rahmat. Hurmat ila uzim
P.S. Don't take it personal I was realy pissed of by seing this crap of thoughts derived from umidies mind.

[Afandi]

E.I.
Janoblarini fikriga javob.
Aslini olganda man iqtisod emas balki huquq sohasida tahsil olmoqdaman. Konvertaciya haqida esa faqat fikrlarimni bildirdim holos. Be ayb parvardigor deydilar. Suning uchun balki men bazi hatolarg yo'l qo'ygandirman. Man Mc Connel va Bru'ni "Economics"ni ham o'qimaganman, afsuski.
7 standart haqida malumotiz uchun rahmat (shu mavzuni ko'proq yoritsez, mamnun bo'lardim).
Afandi

P.S. I don't take it personally, but Why one should be Pissed OFF to hear other's opinion. Is having opinion an abuse of any kind?...

[Sher]

Someone,

Tog`ri, bu erda anchagina tushunmovchilik bo`lgan, lekin fikr bildirish bu yomon narsa deganimasku. "Different" does not mean "wrong".

Endi E.I. fikrini siz yaxshi tushunmagan ko`rinasiz. E.I. "yangi LOTIN alifbosidagi so`mning chiqishi konvertatsiya ochilishiga foydasi tegsa kerak" deb fikr bergan. Iqtisodiy tarafdan albatta buni hech qanday foydasi yo`q, lekin balkim psixologic tarafdan bordir. E.I. iqtisodchi bo`lmagani sababli ham balki shu boshqa tomondan fikr yuritgan bo`lishi mumkin.

Fikr berish uchun albatta Samuelson&Bruni kitobini o`qib chiqish yoki qandaydir yana boshqa "framework"ga asoslanish shart emasku. U kitoblarni ham insonlar yozishgan, va kamchiliklari etarli hammasida.

Tag'in bu gapimga ham "pissed off" bo`lib yurmang :)

Take care,

Sher

[E.I.]

someone, afandi, sher,

katta rahmat aniklik kiritganligingiz uchun,

avvalambor ushbu muommo - pul almashtirish hamda konvertatiya mavzulari bilan yakinrok tanishish maksadida ushbu messageni kuygan edim, fikrlaringiz uchun rahmat!

Jamshid

[Odil]

Hey-hey, bolalar. Pissed-off, missed-off kabi gaplarni nari qo'yib turinglar. Fikrni bildirish - juda yaxshi. Meningcha, Karimovning eng qo'rqib turgani - konvertatsiyani ochilganidan valyutamizning qadri undan-da battar tushib ketadi. Mana Qozog'iston, Qirg'izistonni qaranglar, dabdalasi chiqib yotibdi, Nazarboevni esa Qozog'istonda odamlar so'yib o'ldirishga ham tayyor. Hamma narsaga shoshib-pishib reformalar o'tkazmasdan, chuqur analysisdan keyin o'tishimiz k-k. Bundan tashqari, oltin - valyuta zaxiralarimiz hali yetarli emaski, convertation-2000 delay qilindi, garchi bu muammo investmentlar oqib kelishinig bosh to'sqini bo'lsa-da.

[Oyaji]

яна бир марта деноминация килиш вакти келмадимикин-а :d

жа жонга тегди-ку чумтак тула макалатура кутариб юриш. узбекистонда хеч портмоне деган нарса ишлатилмайди-я, нечтаси уйда чанг босиб етади :)

деноминация килмасаям, цб йук деганда каттарок купюра чикарса буларди масалан:

5000
10000
20000
50000
100000

куп одамни хаети анча енгиллашармиди

[uzeconomist]

Money denomination

many think it is the time for introducing free convertability in Uzbekistan, because all conditions necessary are available,
e.g. ever-growing gap between the official and real(market) exchange rate of Sum,
the lack of foreign investors because of difficulties to freely dispose in Uzbekistan earned money,
wide spread corruption,
descrease in export due to fall in gold & cotton prices etc.

Another argument for intoducing convertability can be Cyrillic Alphabet in what government Banknotes are expressed.

what do our future economists say about that?

I would just clarify between denomination and convertability. However, my opinion on both issues:

Uzbekistan will not denominate its currency because there is no economic rationale to do that. In order to denominate currency Uzbekistan should experience very high inflationary pressures (hyperinflation) like in Zimbabwe, unite with other country or adopt other name then soum (maybe Uzbek dollar would be good:)). So, do not expect denomination in the near future. If money is denominated then there is probably rent seeking behaviour.

Convertability is really painful subject both for central bankers and country as a whole. Central bank do not have instruments handy to effect trade imbalance. Thus, the only policy option for them is to manipulate currency exchange. One of the obvious data to back my opinion is trade balance in Uzbekistan being positive. Most of the monetary policy instruments are either not usable or policy makers do not know how to use them.

You have mentioned that gold price has fallen but it is totally opposite. Gold price has increased from 279 USD/oz in 2000 to 900 USD today. Uzbekistan produces about 3 000 000 ounces of gold.(I am not sure about the figure). Now, you do the math. With that potential Uzbekistan could open up its convertability without any porblems. Morover, exports from cotton would back up any shortfall in the hard currency. So, the question is why Uzbekistan is still controlling exchange rate and convertability? Most likely the answer is:

1. There are people who benefit from it enormously
2. Uzbekistan's reserves are very low (statistics are false)
3. Uzbekistan is under economic pressure and economy is functioning only on paper and free convertability would worsen the situation

Any thoughts?

[Amiri Turkiston]

donominaciya hecham keremas...vaqti ham emas

lekin 10000 so'mlik kyupura chiqarish kerak