We have just released a fresh overview of how Kazakhstan and Uzbekistan have been retaining the largest enterprises, while declaring an intent to privatize them for years. The state is neither effective managing them, nor it is successful making them public. yet, it is a must do, and many nations have paved the way in the past. This Series was provoked by the news of a soon to be established National Investment Fund in Kyrgyzstan with the same purpose of consolidating large state assets under one roof, introduce corporate governance, operational excellence and profitability to make them attractive assets for domestic and international investors. please follow the link for the full text https://lnkd.in/ddYvU_pB
Despite successive rounds of privatization and economic reforms, state-owned enterprises (SOEs) remain a prominent feature of the Central Asian economic landscape. Improving their efficiency is intrinsically linked to countries' economic growth. In our new Insights Series article we explore different models of managing SOEs in Kazakhstan and Uzbekistan and policy implications of SOE governance reforms. https://lnkd.in/ddYvU_pB #centralasia #privatization #soe #kazakhstan #uzbekistan