This article explains independent Uzbekistan's transformation starting from its integration into the global economy as a primary commodity exporter. It argues that, in line with other resource-rich countries of the Global South, this transformation exhibited two enduring and interlinked features, namely rent-subsidised 'backward' industrialisation and the rise of a vast relative surplus population (RSP). First, the end of collective agriculture expropriated most of the Uzbek rural population from the land, so rents from cotton exports could subsidise 'backward' industries manufacturing for the domestic market. Second, as these industries could only absorb a minority of the population due to their limited (largely domestic) scale of production, the majority was turned into a vast RSP that struggles in the informal sector, including as labour migrants. Third, cotton's replacement by gold and natural gas as the main export commodities laid the basis for the current liberalisation. Still, Uzbekistan endures as a raw material exporter, hence as a 'backward' industrialiser and reservoir of RSP. As such, the paper problematises the transition literature's framing of Uzbekistan as an example of failed reform or successful developmentalism, showing instead how these enduring features of its development paralleled similar dynamics in other raw-material-exporting countries of the Global South.
