Book by President of Uzbekistan Islam Karimov

The book by President of Uzbekistan Islam Karimov The global financial-economic crisis, ways and measures to overcome it in the conditions of Uzbekistan has been published in Tashkent.

One of the most urgent topics of today is to objectively assess the reasons and circumstances of emergence of the world financial and economic crisis, which has unfolded in 2008 and is now acquiring the greater scales, as well as to elaborate on its basis the program of necessary measures to overcome its consequences. At the same time, many international experts and specialists, as they assess the reasons of worsening this phenomenon, find more questions rather than the answers.The essence and significance of the published work are that the concrete concept of the vision of aforementioned problems are put forward in this book based on the comprehensive and objective study, and are given the practical conclusions.

The book consists of two parts. The first part is entitled “Impact of the world financial crisis on the economy of Uzbekistan and factors that have prevented and mitigated its consequences”. This part offers the comprehensive analysis of reasons of break-out of the world financial and economic crisis, emerging related acute social and economic problems in international scale, as well as consequences being awaited in the future.

In his book president underscores that the soonest tackling of the world financial crisis and mitigation of its consequences mostly depend on the efficiency and coordination of measures being undertaken within particular states and the world community, as a whole.

The second part of the book is entitled “Support of banking system, modernization, technical renewal and diversification of production, broad introduction of innovative technologies – a reliable way to overcome crisis and securing by Uzbekistan of the new achievements in the world market”.

Along with other pressing issues put forward in this part of the book, the author dwells on that taking into account that the Uzbek economy becomes more integrated into the world financial and economic relations, the world crisis, above all, its consequences cannot but have a negative impact on Uzbekistan.

However, despite all emerged problems and difficulties the country has been able to achieve not only stable functioning of economy in 2008, but also ensure its high sustainable growth rates, elaborate the entire complex of measures, and above all, the Anti-crisis program and mechanisms of its implementation.

As it is underscored in the book, the implementation of this program will allow not only to adequately confront the challenges and threats of the world financial and economic crisis, avert its negative impact on the Uzbek economy, but also overcome it with yet more stronger, sustainable and balanced economy, occupy the solid niche at the world markets, secure on such basis the dynamic economic growth, continuous resolution of tasks to further increase the living standards and well being of population of Uzbekistan.