|The "World Financial-Economic Crisis: Ways and Measures to Eliminate it in the Conditions of Uzbekistan" book of the President of the Republic of Uzbekistan Islam Karimov evoked some interest in the political and analytical circles of Belgium. |
In an interview with Jahon, the Minister of State, former Prime Minister of Belgium, one of the leading politicians of the country, Mark Eyskens said President Karimov's book was very important and it was very useful to read. At the same time it is one of a kind, because there are no other books of this type written by other country leaders. "This book illustrates President's personal contribution, his conceptions, which I find to be very competent. This is an exemplary step," Eiskens said. "I am deeply impressed not only by the fact of the publication of this type of work, but also by its content, in which I saw progressive analysis of the economic situation in Uzbekistan, and the problems that exist in it as a result of the world crisis. All this allows us to identify the prospects of future development of the country, puts confidence in mobilization of all capacities that it possesses."
Commenting on the Anti-Crisis Programme of the Government of Uzbekistan in the period of 2009-2012, Mr. Eiskens emphasized that "the banking system of Uzbekistan was less effected by the global financial crisis, than many other countries." According to the politician this is explained by the fact that the banks in Uzbekistan issue loans on justified basis, and the book provides various facts and figures confirming that the banks of Uzbekistan are adequately capitalized. In other words there is an adequate ratio of the net capital to loans, and this ratio is very important for the banks not to be exposed to different unforeseen risks, as it is observed in many counties, which is an absolutely positive indicator.
According to Eiskens, President of Uzbekistan Islam Karimov has a very carefully weighed vision of the economic future of the world:
- Firstly, there is the process of globalization, the world is turning into a common market. Secondly, there is a need for complementation between the market, private initiative and the state. There is also a need for the government to be able to regulate the functioning of the market, because the market is partially based on the principles of Darwinism – "in the fight for life, the strongest survive" – this is the law of the market, otherwise there is no profitability. The economists today speak of the correlation between cooperation and competition, which requires the two entities – the market and the government – to work together.
- In order to stand up against the challenges of the future, attention should be focused, as very clearly stated in the book of President Islam Karimov, on the development of new technology. As the economists say, innovative competition should be supported.
Uzbekistan is putting strong efforts to develop education and scientific research – and all this is very important for the development of relations with other countries. For instance, Europe has a student exchange programme, ERASMUS, and it would be useful to see what could be done jointly with Uzbekistan, Eiskens said.
In conclusion of the interview, the Belgian politician noted that he was anxiously waiting for his trip to Uzbekistan. "I have seen a film about your beautiful country, and read a lot about its history, historical cities and rich culture of the Uzbek nation. Uzbekistan has been holding an important position in the history of humanity's development for many centuries. What I have learned about your country after reading President Islam Karimov's book puts confidence in me about the fact that Uzbekistan has implemented a set of measures which are intended to strongly protect the country from the implications of the world financial crisis."
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