FDI in Central Asia: the case of Uzbekistan

• Metaxas, Theodore ^[1] ; Kechagia, Polyxeni ^[1]
  1. [1] University Of Thessaly

     University Of Thessaly

     Dimos Volos, Grecia

     
• Localización: Applied econometrics and international development, ISSN 1578-4487, Vol. 16, Nº. 1, 2016, págs. 63-76
• Idioma: inglés
• Enlaces
  • Texto completo (pdf)
• Resumen

  • FDI inflows are a significant form of capital flows mostly towards the developing countries and they decisively affect the host country’s economic growth, the macroeconomic stability, the infrastructure and the governmental policy. The present paper focuses on the FDI inflows absorbed by the Central Asian countries, studying the case of Uzbekistan that attracts limited amount of FDI contrary to other countries of the region. It is argued that Uzbekistan attracts FDI mostly because of its market size and its adequacy on natural resources; however, the transformations performed failed to further increase the country’s attractiveness to foreign investors