WB economist warns of risks of privatization in Uzbekistan

The government’s reform program foresees significant privatization of land and state-owned enterprises in the coming few years. These are very important reforms for Uzbekistan’s economic future, but they come with risks, says William Seitz, a World Bank Senior Economist, in his interview for Kun.uz. Oligarchs have been created by similar reforms undertaken in some other countries, so Uzbekistan’s reform agenda should learn from those lessons.