PROSPECTS FOR THE DEVELOPMENT OF A REGIONAL ECONOMIC MECHANISM FOR SUPPORTING SMALL BUSINESSES
DOI:
https://doi.org/10.60078/3060-4842-2026-vol3-iss3-pp841-846Abstract
This article examines the current state and strategic directions for changing the economic mechanism for supporting small businesses at the meso-level using regional economic theory and institutional analysis. Using empirical statistical data for 2022–2025 in the Kashkadarya region and the Republic of Uzbekistan, an in-depth comparative analysis of the human resource potential of the sector and its share in the formation of gross regional product and gross domestic product is carried out. The macroeconomic anomaly of the local economic system is based on: a very high predominance of small businesses in the GRP structure up to 70.6% and variable indicators. Using econometric tools to assess time trends, the author identifies the main institutional limitations of the large-scale support model and develops a comprehensive, scientifically sound mechanism for qualitative modernization of the macroeconomic regulatory infrastructure aimed at diversifying the region's financial and production ties
Keywords:
small business economic mechanism GRP GDP regional employment econometric analysis institutional reformsReferences
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