Economic Policy and Cotton in Uzbekistan

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By Stephen MacDonald (au)
Year: 2012
Pages: 26
Binding Paperback
ISBN 978-1-4578-4096-8

Product Code: 1457840960

Description

Uzbekistan is the 7th largest global cotton producer and 3rd largest supplier for world markets. Uzbekistanäó»s Government policies largely shield cotton producers from world market price signals, and cotton area has changed little over the past decade despite strong international price fluctuations. Government pricing and exchange rate policies tax cotton producers and more than offset the value of input subsidies for cotton growers. The degree of taxation declined for several years after 2000, but increased again in the late 2000s. In 2009, cotton output dropped as Uzbekistan responded to reduced water availability and increased global food prices with higher taxes on cotton growers. With continued taxation, Uzbekistan likely will continue to lose ground to more dynamic cotton exporters like India and Brazil, and its share of world cotton production will continue to fall over the next decade. Tables and figures. This is a print on demand report.

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