Output Decline and Recovery in Uzbekistan

Output Decline and Recovery in Uzbekistan
By:"Mr. Jeromin Zettelmeyer","Mr. Günther Taube"
Published on 1998-09-01 by International Monetary Fund

E-book Library:"Business & Economics"

What explains Uzbekistan’s unusually mild “transformational recession” and its moderate recovery during 1996-97? We examine potential biases in output measurement, the role of “special factors”—including initial production structure, natural resources, and public investment policies—and sectoral output developments. The main findings are (i) Uzbekistan’s relatively favorable output record is not an artifact of measurement alone; (ii) public investment has had no significant effects on growth; (iii) the mildness of Uzbekistan’s transitional recession can be accounted for by its favorable initial production structure and its self-sufficiency in energy; (iv) unless reforms are significantly accelerated, medium-term growth prospects are mediocre.

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Sutherland Estate, 1850-1920: Aristocratic Decline, Estate Management and Land Reform

Sutherland Estate, 1850-1920: Aristocratic Decline, Estate Management and Land Reform
By:"Annie Tindley"
Published on 2010-06-30 by Edinburgh University Press

E-book Library:"History"

From the mid-nineteenth century until the end of World War I, the Sutherland Estate was the largest landed estate in western Europe; at 1.1 million acres, the ducal family owned almost the entire county of Sutherland as well as a further 30,000 acres in England. The estate was owned by the dukes of Sutherland, who were among the richest patrician landowners of the period; from the early nineteenth century, however, the family were shadowed by their reputation as great clearance landlords, something that would come back to haunt them throughout the coming decades

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