{"id":21076,"date":"2026-05-26T14:37:55","date_gmt":"2026-05-26T09:37:55","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/"},"modified":"2026-05-26T14:37:55","modified_gmt":"2026-05-26T09:37:55","slug":"the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/","title":{"rendered":"The Central Bank of Uzbekistan will conduct behavioral economics research with the European Bank for Reconstruction and Development"},"content":{"rendered":"<h3>Why is this important<\/h3>\n<p>Behavioral economics is increasingly being used by central banks and government institutions to analyze citizens\u2019 financial behavior and improve the effectiveness of economic policy. For Uzbekistan, such cooperation provides access to international methodologies for studying the causes of overdue payments, financial habits, and borrowers\u2019 decision-making processes. The use of experimental approaches and analysis of behavioral factors can help banks and regulators more accurately develop lending mechanisms and measures to reduce problematic debt.  <\/p>\n<h3>What happened<\/h3>\n<ul>\n<li>The Central Bank of Uzbekistan and the European consulting company Behavioral Public Policy and Economics GmbH <a href=\"https:\/\/cbu.uz\/uz\/press_center\/news\/3904958\/\">signed<\/a> a memorandum of cooperation in the field of joint research.<\/li>\n<li>The partnership provides for the implementation of projects in the field of behavioral economics and experimental research.<\/li>\n<li>Currently, the parties are jointly conducting a study on loan repayment discipline, which is in the second stage of diagnosing behavioral barriers and factors affecting borrowers\u2019 payment behavior.<\/li>\n<\/ul>\n<h3>Numbers and facts<\/h3>\n<ul>\n<li>Within the framework of cooperation, the Central Bank and Behavioral Public Policy and Economics GmbH plan to develop joint projects related to the application of behavioral economic approaches and experimental research.<\/li>\n<li>One of the first areas of focus was the study of loan repayment discipline.<\/li>\n<li>The project is currently in its second stage. At this stage, a diagnostic study is being conducted, key behavioral barriers are being identified, and an in-depth analysis of the problem is being carried out. <\/li>\n<li>Based on the results of the study, it is planned to prepare practical public policy recommendations for the Central Bank and commercial banks.<\/li>\n<li>The company specializes in behavioral economics, decision-making, and game theory. The organization has implemented more than 30 projects in over 20 countries. <\/li>\n<li>The company notes that its work is aimed at applying scientific approaches recognized by Nobel Prize-winning research to develop practical solutions in the field of public policy.<\/li>\n<\/ul>\n<h3>Context<\/h3>\n<ul>\n<li>For the banking sector, the study may become the basis for changing approaches to working with borrowers and reducing the level of overdue debt.<\/li>\n<li>Instead of relying solely on standard financial performance assessments, attention will be focused on the reasons and behavioral patterns behind customers\u2019 payment decisions.<\/li>\n<li>Commercial banks will be able to use the research results to develop new communication tools for borrowers and improve payment discipline.<\/li>\n<li>For the regulator, this also creates an opportunity to introduce more targeted financial policy measures based on an analysis of the real behavior of financial services consumers.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The parties are already analyzing loan repayment discipline and preparing recommendations for the banking sector.<\/p>\n","protected":false},"author":7,"featured_media":18884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/frank.uz\/wp-content\/uploads\/2026\/05\/6a157223d4b33.jpg","width":1200,"height":630,"template":"2bf59057","mode":"auto"},"_sharing_image_fieldset":{"Dv78f24rp1hU":18884,"YlB8HH34jIzY":"The Central Bank of Uzbekistan will conduct behavioral economics research with the European Bank for Reconstruction and Development"},"pin_until":"","footnotes":""},"categories":[2061],"tags":[2480,3679,3795],"class_list":["post-21076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-central-bank","tag-cooperation","tag-financial-sector"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Central Bank of Uzbekistan will conduct behavioral economics research with the European Bank for Reconstruction and Development &#8212; Frank.uz<\/title>\n<meta name=\"description\" content=\"The parties are already analyzing loan repayment discipline and preparing recommendations for the banking sector.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Central Bank of Uzbekistan will conduct behavioral economics research with the European Bank for Reconstruction and Development\" \/>\n<meta property=\"og:description\" content=\"The parties are already analyzing loan repayment discipline and preparing recommendations for the banking sector.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Frank.uz\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FrankUzbekistan\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-26T09:37:55+00:00\" \/>\n<meta name=\"author\" content=\"\u0421\u043d\u0435\u0436\u0430\u043d\u0430\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@frank_uzb\" \/>\n<meta name=\"twitter:site\" content=\"@frank_uzb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u0421\u043d\u0435\u0436\u0430\u043d\u0430\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/\",\"url\":\"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/\",\"name\":\"The Central Bank of Uzbekistan will conduct behavioral economics research with the European Bank for Reconstruction and Development &#8212; Frank.uz\",\"isPartOf\":{\"@id\":\"https:\/\/frank.uz\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/frank.uz\/wp-content\/uploads\/2026\/04\/statist-e1775204754579.jpg\",\"datePublished\":\"2026-05-26T09:37:55+00:00\",\"author\":{\"@id\":\"https:\/\/frank.uz\/en\/#\/schema\/person\/22b17879dce8c782bd3b1350f0628e1f\"},\"description\":\"The parties are already analyzing loan repayment discipline and preparing recommendations for the banking sector.\",\"breadcrumb\":{\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/#primaryimage\",\"url\":\"https:\/\/frank.uz\/wp-content\/uploads\/2026\/04\/statist-e1775204754579.jpg\",\"contentUrl\":\"https:\/\/frank.uz\/wp-content\/uploads\/2026\/04\/statist-e1775204754579.jpg\",\"width\":1024,\"height\":364},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/frank.uz\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Central Bank of Uzbekistan will conduct behavioral economics research with the European Bank for Reconstruction and Development\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/frank.uz\/en\/#website\",\"url\":\"https:\/\/frank.uz\/en\/\",\"name\":\"Frank.uz\",\"description\":\"\u0414\u0435\u043d\u044c\u0433\u0438. \u0411\u0438\u0437\u043d\u0435\u0441. \u0412\u043b\u0430\u0441\u0442\u044c.\",\"alternateName\":\"\u0414\u0435\u043b\u043e\u0432\u044b\u0435 \u043d\u043e\u0432\u043e\u0441\u0442\u0438 \u0423\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u0430\u043d\u0430\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/frank.uz\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/frank.uz\/en\/#\/schema\/person\/22b17879dce8c782bd3b1350f0628e1f\",\"name\":\"\u0421\u043d\u0435\u0436\u0430\u043d\u0430\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/frank.uz\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e16d8bd779e5fb2c2c35e3c34ace4ba6b837417fcf508bca9b73abade4a261ca?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e16d8bd779e5fb2c2c35e3c34ace4ba6b837417fcf508bca9b73abade4a261ca?s=96&d=mm&r=g\",\"caption\":\"\u0421\u043d\u0435\u0436\u0430\u043d\u0430\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The Central Bank of Uzbekistan will conduct behavioral economics research with the European Bank for Reconstruction and Development &#8212; Frank.uz","description":"The parties are already analyzing loan repayment discipline and preparing recommendations for the banking sector.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/","og_locale":"en_US","og_type":"article","og_title":"The Central Bank of Uzbekistan will conduct behavioral economics research with the European Bank for Reconstruction and Development","og_description":"The parties are already analyzing loan repayment discipline and preparing recommendations for the banking sector.","og_url":"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/","og_site_name":"Frank.uz","article_publisher":"https:\/\/www.facebook.com\/FrankUzbekistan","article_published_time":"2026-05-26T09:37:55+00:00","author":"\u0421\u043d\u0435\u0436\u0430\u043d\u0430","twitter_card":"summary_large_image","twitter_creator":"@frank_uzb","twitter_site":"@frank_uzb","twitter_misc":{"Written by":"\u0421\u043d\u0435\u0436\u0430\u043d\u0430","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/","url":"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/","name":"The Central Bank of Uzbekistan will conduct behavioral economics research with the European Bank for Reconstruction and Development &#8212; Frank.uz","isPartOf":{"@id":"https:\/\/frank.uz\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/#primaryimage"},"image":{"@id":"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/#primaryimage"},"thumbnailUrl":"https:\/\/frank.uz\/wp-content\/uploads\/2026\/04\/statist-e1775204754579.jpg","datePublished":"2026-05-26T09:37:55+00:00","author":{"@id":"https:\/\/frank.uz\/en\/#\/schema\/person\/22b17879dce8c782bd3b1350f0628e1f"},"description":"The parties are already analyzing loan repayment discipline and preparing recommendations for the banking sector.","breadcrumb":{"@id":"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/#primaryimage","url":"https:\/\/frank.uz\/wp-content\/uploads\/2026\/04\/statist-e1775204754579.jpg","contentUrl":"https:\/\/frank.uz\/wp-content\/uploads\/2026\/04\/statist-e1775204754579.jpg","width":1024,"height":364},{"@type":"BreadcrumbList","@id":"https:\/\/frank.uz\/en\/news-en\/the-central-bank-of-uzbekistan-will-conduct-behavioral-economics-research-with-the-european-bank-for-reconstruction-and-development\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/frank.uz\/en\/"},{"@type":"ListItem","position":2,"name":"The Central Bank of Uzbekistan will conduct behavioral economics research with the European Bank for Reconstruction and Development"}]},{"@type":"WebSite","@id":"https:\/\/frank.uz\/en\/#website","url":"https:\/\/frank.uz\/en\/","name":"Frank.uz","description":"\u0414\u0435\u043d\u044c\u0433\u0438. \u0411\u0438\u0437\u043d\u0435\u0441. \u0412\u043b\u0430\u0441\u0442\u044c.","alternateName":"\u0414\u0435\u043b\u043e\u0432\u044b\u0435 \u043d\u043e\u0432\u043e\u0441\u0442\u0438 \u0423\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u0430\u043d\u0430","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/frank.uz\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/frank.uz\/en\/#\/schema\/person\/22b17879dce8c782bd3b1350f0628e1f","name":"\u0421\u043d\u0435\u0436\u0430\u043d\u0430","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/frank.uz\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e16d8bd779e5fb2c2c35e3c34ace4ba6b837417fcf508bca9b73abade4a261ca?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e16d8bd779e5fb2c2c35e3c34ace4ba6b837417fcf508bca9b73abade4a261ca?s=96&d=mm&r=g","caption":"\u0421\u043d\u0435\u0436\u0430\u043d\u0430"}}]}},"_links":{"self":[{"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/posts\/21076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/comments?post=21076"}],"version-history":[{"count":0,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/posts\/21076\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/media\/18884"}],"wp:attachment":[{"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/media?parent=21076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/categories?post=21076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/tags?post=21076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}