Advanced Economics and Pedagogical Technologies

In order to further enhance the effectiveness of reforms being implemented in our country, elevate the development of the state and society to a new stage, modernize the economy, reduce the state’s share in the economy, and accelerate structural transformations, on September 11, 2023, the Decree of the President of the Republic of Uzbekistan “On the Strategy ‘Uzbekistan – 2030’” was adopted based on the principle “From the Action Strategy to the Development Strategy.” The second direction of this Decree is directly aimed at “ensuring public welfare through sustainable economic growth.” This article has been published to support the ORCA HORIZON-MSCA-2023-SE-01 project funded by a grant from the European Union

This article analyzes the innovative activity of food industry enterprises in the regions of Uzbekistan and their territorial distribution characteristics from a scientific, theoretical and practical perspective. The study considers the food industry as a strategic sector of the national economy, and evaluates the innovative activity of enterprises in close connection with the level of regional development, production infrastructure, institutional environment and human capital. It is substantiated how the uneven distribution of innovative activity across regions affects economic efficiency, competitiveness and added value creation processes. The article reveals the reasons for regional differences and shows the importance of a regional approach in increasing innovative activity. The results of the study serve as a scientific basis for the innovative development of the food industry and improving regional economic policy

The article presents a comparative analysis of traditional, innovative, and creative economic relations. It elaborates the value-creation model in the creative economy, which is based on creativity, intellectual property, and digital platforms. The study highlights the significance of scientific and technological innovations within the innovative economic model and characterizes the reliance of the traditional economy on material resources. The findings indicate that the integrated and harmonious development of these economic models contributes to increasing the efficiency of national economic growth

This article provides a scientific and theoretical analysis of the relevance of developing teachers’ digital competencies in the modern education system, their significance for improving the quality of learning, as well as the new requirements for teachers’ activities in the context of digital transformation. In addition, the essence and structural components of the concept of “digital competence,” international experience, and ways to develop these competencies in the education system of Uzbekistan are analyzed. The research results show that the development of teachers’ digital competencies is an important factor in ensuring the effectiveness of the educational process.

The article discusses theoretical issues of accounting methodology. The scientific works of economists on the concepts of "method", " procedure ", "methodology" are analyzed and relevant conclusions are drawn. Also, the specific aspects of accounting methodology in the context of international financial reporting standards are analyzed

This study investigates the relationship between ESG disclosure quality and international competitiveness among commercial banks in Central Asia, benchmarked against a matched sample of European Union (EU) institutions. Using a mixed-methods approach –including content analysis of sustainability reports (2018–2024), a novel ESG Disclosure Quality Index (EDQI), and panel regressions on 495 bank-year observations – we find that Central Asian banks exhibit significantly lower ESG transparency across environmental, social, and governance dimensions compared to EU peers. Crucially, higher-quality ESG disclosure is robustly associated with greater foreign investment inflows, increased likelihood of Eurobond issuance, higher foreign ownership, and improved credit ratings – even after controlling for bank fundamentals and institutional quality. Notably, the marginal benefit of ESG transparency is significantly stronger in Central Asia than in the EU, suggesting that credible disclosure serves as a critical signaling mechanism in emerging markets where such information is scarce. These findings support the strategic adoption of global ESG reporting standards (e.g., ISSB, TCFD) by Central Asian regulators and banks to enhance financial integration and investor confidence.

This article examines the scientific and theoretical foundations of company valuation models applied in mergers and acquisitions. The study explores the conceptual premises of value formation under conditions of corporate integration and substantiates the need for a comprehensive valuation approach that incorporates financial, managerial, and institutional factors. The findings contribute to enhancing the methodological robustness of company valuation in M&A processes

The article examines the theoretical and practical aspects of the effective placement and demonstration of goods in trade zones. Proper placement and visual presentation of goods plays an important role in increasing sales efficiency, attracting customer attention, and stimulating purchasing activity. The study analyzes the experience of various retail enterprises and provides practical recommendations for optimizing the territory, segmenting product categories, and increasing sales through exhibition design, promotional materials, and visual merchandising methods. The article is useful for retail sales managers, sales specialists, and marketing researchers, and is aimed at the effective application of technologies for the placement and presentation of goods in modern shopping areas.

This article provides a comprehensive analysis of ways to increase the efficiency of the resource base of commercial banks, its economic significance in ensuring the stability of banking activities, and its role in enhancing the efficient use of financial resources. The study examines the structural composition of the bank resource base and its importance in liquidity management, expansion of lending capacity, and minimization of financial risks from both theoretical and practical perspectives. Particular attention is paid to improving mechanisms for attracting idle funds of households and business entities to the bank resource base, diversifying deposit and non-deposit funding sources, optimizing the cost of resources, and increasing the competitiveness of banks. The research findings contribute to identifying opportunities to strengthen the financial stability of the banking system and support economic development through improving the efficiency of the resource base of commercial banks

This study is devoted to the analysis of the current state of practice in Uzbekistan in improving the methodology for forecasting direct taxes. The study studied the current mechanisms of forecasting processes for the main direct taxes, such as profit tax, personal income tax, and property and land taxes. Based on statistical analysis, comparative assessment, and economic modeling methods, factors affecting the accuracy and stability of forecast indicators were assessed. The impact of macroeconomic indicators, tax base expansion, and tax administration digitization processes on the quality of forecasting was also revealed. Based on the results of the study, scientific and practical proposals and conclusions were developed aimed at using modern economic and mathematical models in forecasting accurate tax revenues, improving the information base, and strengthening the institutional approach

This article develops a forward-looking outlook for Uzbekistan’s e-commerce market through 2035 and examines the main determinants of both growth speed and quality. It discusses key drivers such as the expansion of digital payments and e-government services, upgrades in logistics infrastructure, rising mobile internet penetration, the scaling of marketplace ecosystems, and the intensification of cross-border trade, alongside evolving regulation and consumer protection. The paper applies a scenario-based framework (baseline, accelerated, and inertial) to evaluate how macroeconomic conditions, competition dynamics in digital markets, and the adoption of data and AI technologies may reshape online retail. Special attention is paid to structural constraints, including consumer trust, cybersecurity risks, last-mile delivery performance, the digital divide, and capability gaps among SMEs. The findings aim to inform public policy design, business strategy, and academic research on Uzbekistan’s digital economy

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.

This article highlights the fact that commercial banks depend on several factors, such as the development of banking operations by improving monetary policy, constant adaptation to socio-economic conditions, the development of new strategies and tools for banking activities, effective management of banking risks, and the development of banking currency operations by reducing problematic processes. Also, today, the relevance of the development of commercial banks is indisputable, since the successful functioning of the entire financial system of the country depends on it, taking into account the existing problems in making financial decisions in banks and reducing problematic processes, as well as the author's approaches and suggestions for their elimination

This article analyzes the sovereign credit rating of the Republic of Uzbekistan based on the methodology applied by S&P Global Ratings. The study examines macroeconomic stability, fiscal discipline, public debt dynamics, external sector indicators, and gold-foreign exchange reserves as the key factors influencing rating formation. The results of the statistical data analysis show that high economic growth rates and the significant volume of reserves support the country’s credit rating. At the same time, the high share of external debt, the deficit of the balance of payments, and global risks remain important constraining factors for rating stability.

This article examines the significance, necessity, and relevance of introducing Islamic financial services in our country, as well as analyzes the opportunities and advantages of developing the use of Islamic financial services in the Republic of Uzbekistan and the prospects for their further improvement. In particular, the article highlights the existing problems in the development of Islamic financial services in Uzbekistan and presents the authorʼs recommended approaches and proposals for addressing these challenges

The article provides an institutional analysis of the activities of the state antimonopoly body and its territorial departments. The study assesses the legal status, powers, organizational structure, and the coherence of management and control mechanisms at the central and territorial levels. Institutional effectiveness is analyzed based on the criteria of practical implementation of legal powers, quality of institutions, independence, accountability, and transparency. The integration of ex-ante and ex-post control mechanisms and agent-principal relations are also revealed

This article provides an empirical analysis of the impact of the rule of law and corruption control on Uzbekistan’s non-resource exports. In the context of globalization and increasing international competition, institutional quality has become a key determinant of external trade performance. Using an extended gravity model of international trade and panel data covering the period 2001–2022, the study assesses the effects of institutional indicators, including control of corruption and rule of law, on Uzbekistan’s non-resource export flows. The econometric results demonstrate a statistically significant and robust positive relationship between control of corruption, rule of law and export performance. The findings suggest that further export diversification and a shift toward higher value-added products are unlikely without deepening institutional reforms

The article examines the essence of social services and their role as an economic category based on various theoretical approaches. Scientific interpretations of social services are systematized within the frameworks of institutional theory, public and merit goods theory, welfare state concepts, and human capital theory. The role of social services in ensuring social justice, social stability, and improving the efficiency of human capital utilization is substantiated. The approaches of foreign and national scholars, as well as definitions of social services in the legislation of the Republic of Uzbekistan, are analyzed. An authorial interpretation of social services as an investment-oriented and institutional mechanism influencing economic growth and sustainable development in a transition economy is proposed.

At the turn of the 20th and 21st centuries, the global economy was dominated by developed countries, primarily located in Europe and North America. Economic development in the G7 (later G8) countries was determined by the efficient use of natural resources and long-term scientific and technological progress. Resource and energy efficiency were paramount in these countries. For example, the United States experienced significant growth in production throughout the 20th century. At the same time, despite industrial development, high prices were due to the expansion of the service sector and the emergence of new industries based on the scientific and technological revolution

This article presents the socio-economic consequences of poverty in our country and theoretical aspects of its reduction, as well as the experience of foreign countries in reducing poverty and the level of poverty in our country and the advantages of reducing it. Directions for implementing poverty reduction are given.

The article is dedicated to the significance of implementing the budget management system in industrial enterprises as part of ensuring key performance indicators for socio-economic and institutional transformations in the Republic of Uzbekistan within the framework of the "Uzbekistan – 2030" Strategy. Special attention is given to the role of industrial policy and technological modernization in achieving sustainable economic growth. The article also presents arguments justifying the implementation of the budget management system as a tool for enhancing the efficiency of industrial enterprises, reducing production costs, increasing labor productivity, and transforming strategic goals into a managed and effective process