After the collapse of the Soviet Union,
Uzbekistan chose an original path of
economic development policy. Known as the
Uzbek model, these policies helped the Uzbek
economy survive at least two economic crises
over the last two decades. In terms of various
macroeconomic indicators, the Uzbek economy
outperformed similar countries. This paper
divides the post-independence economic policies
of the Uzbek leadership into three periods
according to various definitive characteristics,
and argues that the original path of the Uzbek
model has been one of the key factors for the
performance of the Uzbek economy. Over the
last 25 years, the main motivation behind the
occasional changes in the political and economic
preferences of the Uzbek leadership has been the
pursuit of independence.In its quarter century
of economic policies, Uzbekistan’s economy
has achieved considerable success and has had
various opportunities. It is a matter of policy
choices to translate this promising outlook into
solid and sustainable economic growth.