Ensuring sustainable and inclusive development of regional economies stands as a central challenge for contemporary economic policy and regional planning. This paper develops the theoretical foundations for econometric modeling of regional development, aiming to provide a rigorous methodological framework for quantifying growth drivers and producing reliable forecasts of regional economic performance. The primary objective is to specify and justify econometric models that capture both the long-run relationships and short-run dynamics among core regional indicators (GRDP, industrial output, retail turnover, investment inflows, employment and income levels, and institutional variables). The theoretical discussion integrates perspectives from neoclassical growth theory, endogenous growth models, institutional economics and evolutionary economics to frame the empirical strategy

This article will comprehensively analyze the role and potential of the green economy in the innovative development of regional infrastructure. Global climate changes, restrictions on Natural Resources, and increased environmental pollution are calling for the introduction of a green economy-based development model. Especially at the regional level, the formation of infrastructure in an environmentally sustainable and innovative direction is one of the pressing issues. The article covers the basic principles of the green economy, its impact on infrastructure development, the importance of environmentally friendly energy sources, waste-free technologies and sustainable transport systems. Also considered in regional projects are the possibilities of attracting green investments, increasing environmental efficiency, rational use of resources using digital technologies. This article can be useful for professionals, researchers working in the area of regional infrastructure, as well as practitioners engaged in innovative and environmental approaches.

The article considers new elements of regional development strategy with a focus on institutional and methodological aspects of planning socio-economic progress. Special attention is paid to the role of public participation in the processes of development and implementation of strategic documents, including such mechanisms as public hearings, expert consultations, focus groups, digital platforms of e-governance and, in particular, civic budgeting. The author analyzes both theoretical foundations and practical examples of the introduction of such tools in international practice (Brazil, Spain, France, China) and the prerequisites for their application in the Republic of Belarus. The author presents the key directions for improving the system of strategic planning at the regional level: legal framework, institutional infrastructure, approval procedures, monitoring and evaluation, as well as identifies the existing institutional barriers. It is demonstrated that strengthening the role of civil society and introduction of mechanisms for direct participation of the population in the distribution of budgetary resources contribute to increasing the transparency of public decisions, strengthening trust in the authorities and more accurately reflecting the interests of the local population. The conclusion is that it is necessary to integrate new approaches into the current system of state planning to ensure sustainable and balanced of regional development.

The article analyses the scientific foundations and practical significance of specialization processes in regional industrial production. It examines agglomeration effects, cluster theory, related variety and economic complexity concepts as the theoretical basis. International experience in implementing the Smart Specialisation Strategy (S3) is reviewed, with recommendations for its effective application in Uzbekistan. The paper highlights the impact of specialization on economic growth, innovation processes, and competitiveness, as well as mechanisms for mitigating the risks of mono-industrial dependence.

In Uzbekistan, attracting large-scale foreign capital has become a priority. The country has seen a significant increase in fixed capital investment, including foreign direct investment (FDI). The author studied the potential of the republic's regions in the use of foreign capital, in particular the trends in the distribution of foreign invested enterprises, their contribution to the export-import activities of the regions of Uzbekistan. Regional disparities are identified and measures are proposed to improve the management of foreign capital attraction

The article examines the issues of enhancing the effectiveness of regional investment policy in Uzbekistan. The study analyzes ways to reduce territorial disparities, ensure the rational use of resources, and balance investment activity across regions. Additionally, it explores the dynamics of foreign investments and capital expenditures within the framework of the “New Uzbekistan – 2030” strategy. The proposed regional differential policy mechanism is aimed at stabilizing the investment climate and reducing economic disparities between regions

The article examines the scientific foundations for assessing territorial development potential and formulating sustainable development strategies. The concept of “territorial potential” is interpreted as an integrated system of natural, economic, demographic, infrastructural, and institutional components whose interaction determines the long-term sustainable growth of regions. The dynamic nature of territorial potential and the need for its continuous monitoring and reassessment within strategic governance are substantiated. Based on the analysis of interregional disparities, structural economic transformations, investment flows, and sectoral diversification, the study highlights the importance of a differentiated approach to regional development strategies. The findings confirm that a comprehensive assessment of territorial potential provides a methodological basis for defining strategic priorities, allocating resources efficiently, and ensuring balanced sustainable regional development.

Driven by geopolitical reconfigurations, tourism investment in the Global South is shifting from volume-based expansion to risk-centric decision-making. This study synthesizes institutional theory, the resource-based view, and the Social License to Operate (SLO) to assess this transition. Leveraging panel data from 18 Belt and Road countries (2019–2024), we construct an assessment system across three dimensions: institutional quality, macroeconomic stability, and developmental maturity. Using the entropy weight method, we identify a distinct risk gradient: Africa exhibits the highest risk intensity, followed by Central Asia and Central and Eastern Europe, with Southeast Asia being the most stable. Exchange rate volatility and political instability emerge as primary systemic drivers, though Southeast Asia shows consistent risk abatement. Finally, we operationalize a "risk-capability-strategy" framework, proposing differentiated regional allocation strategies to navigate the Global South’s evolving investment landscape

This article analyzes the geo-economic significance of artificial intelligence (AI) in the global sustainable development agenda and the impact of technological transformation on national and regional stability. The study examined the policy of regulating AI in the USA, the European Union, China, and the countries of Central Asia. Great attention is paid to the analysis of Uzbekistan's AI development strategy and the UN General Assembly resolution on the role of AI for sustainable development in Central Asia for 2025. The priority areas of AI for strengthening economic stability, increasing resource efficiency, and accelerating the transition to a "green economy" were studied

This article provides an in-depth analysis of the state of use of natural tourist resources in the Samarkand region and strategies for their effective development. The possibilities of developing ecotourism, health tourism and adventure tourism based on the existing ecological, geological, hydrological and landscape resources in the region are considered. Also, proposals are put forward based on strategic approaches developed on the basis of digital technologies, ecological balance and the principles of sustainable tourism. As a result of the analysis, it is necessary to create an econometric model necessary for predicting the tourist potential of the region and use the model to predict all indicators in the tourism sector of the region.

Uzbekistan, with its rich agricultural heritage, diverse climate zones, and burgeoning tourism sector, possesses significant untapped potential for agrotourism development. This article reviews the current state, problems, and future prospects of agrotourism in the country, considering it as a critical instrument for diversifying rural incomes and preserving regional cultural-agricultural traditions. The article draws on statistical analysis, comparative (international) analysis, SWOT and content analysis to analyze the current state of agritourism. The research concludes that realizing the full potential of agrotourism in Uzbekistan requires a coordinated national strategy must focus on targeted infrastructure investment, establishing clear legal frameworks, and developing specialized educational programs for farmers and service providers. The findings offer essential, data-driven recommendations for policymakers aiming to transform Uzbekistan’s agricultural landscapes into vibrant, economically sustainable tourism destinations.