Comparative Capitalism and the Transitional Periphery
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Comparative Capitalism and the Transitional Periphery

Firm Centred Perspectives

Edited by Mehmet Demirbag and Geoffrey Wood

With a growing body of literature dealing with business and management issues in the transitional economies of Central and Eastern Europe, the study of the ‘transitional periphery’, or post-Soviet economies, is sparse. A combination of rich natural resources and strategic locations make these economies of significant importance. This book provides fresh and recent research on both firms and the business environment in this region. It serves as a key reference work for those interested in comparative capitalism, business and society in the post state socialist world.
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Chapter 2: Uzbekistan: autocracy, development and international firms

Geoffrey Wood and Mehmet Demirbag

Abstract

This chapter seeks to develop understanding of both transitional peripheral economies and the consequences of clan-based authoritarianism, through looking more closely at the type of capitalism that has emerged in Central Asia, the dominant growth regime and the type of firm-level practices associated with this, focusing in particular on the case of Uzbekistan. The chapter examines why the Uzbek government promoted a narrative of antiquarianism, which may be defined as the promotion of a particular period of past glory, both as a core feature of national identity and as the basis for present and future life. The chapter also highlights the pattern of foreign direct investment in Uzbekistan and draws out the implications for foreign investors in the country.

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