Vol. 1 No. 3 (2024): ADVANCED ECONOMY AND PEDAGOGICAL TECHNOLOGIES

Vol. 1 No. 3 (2024): ADVANCED ECONOMY AND PEDAGOGICAL TECHNOLOGIES
Published: 01/03/2025

Full Issue

Articles

SCIENTIFIC THEORIES ON PUBLIC PROCUREMENT AND STAGES OF DEVELOPMENT OF THE SECTOR
Mahliyo Abdurahmonova

Public procurement is one of the key components of the economic system, playing a crucial role in the efficient allocation of state budget funds and the implementation of socio-economic objectives. The origins of public procurement date back to ancient times, and its developmental stages have evolved over time to adapt to modern requirements. While the initial stages were characterized by simple barter systems, contemporary public procurement has transformed into a complex process involving electronic platforms and management systems based on international standards.

9-15 15 19
FROM CLASSROOM TO PLAYROOM: FINANCIAL EDUCATION THROUGH INTERACTIVE GAMES
Dildora Abdusattarova

This article explores the development and implementation of interactive game-based learning tools designed to enhance financial literacy among school-aged children. Recognizing the challenges in engaging young learners with traditional economic education, the study focuses on integrating play into pedagogy through digital and non-digital games tailored to financial concepts. It highlights the impact of gamification on student motivation and understanding, drawing from practical examples and best practices. The findings demonstrate the effectiveness of game-based approaches in fostering practical financial skills, promoting critical thinking, and bridging theoretical knowledge with real-world applications, offering a transformative approach to financial education.

16-23 15 9
FINLAND'S EXPERIENCE IN TEACHING FINANCIAL LITERACY THROUGH GAMES
Abdullokh Akhmadjonov, Zilola Shamansurova

This article analyzes financial literacy programs in Finland and examines ways to adapt them to the conditions of Uzbekistan. Emphasizing that financial literacy has a positive impact on economic stability and well-being of the population, the study notes the need for cooperation between the public and private sectors, the organization of special courses and training in educational institutions, as well as the use of modern technology. Suggestions and recommendations developed on the basis of the Finnish experience are of great importance in the formation of practical programs aimed at improving financial literacy in the school system of Uzbekistan.

24-31 15 12
GLOBAL TOURISM EXPORT: IMPORTANCE AND CURRENT TREND IN POST-PANDEMIC ERA
Feruza Bekmurodova

Being the fastest growing economic industry, tourism became one of the key revenue producers for most countries. Tourism not only provides a significant source of income for business entities, but also impacts on employment and economic welfare both directly and indirectly. This paper explores the vital role tourism exports play in world trade, focusing on their contribution to GDP, foreign exchange earnings, and employment. It also examines pre and post pandemic situation in the industry globally, and considers the challenges and opportunities faced by the sector. The findings highlight tourism’s importance in driving economic growth and underscore the need for sustainable practices in the industry through PEST analysis.

32-40 11 5
IMPROVING THE ORGANIZATIONAL AND ECONOMIC MECHANISMS OF INNOVATION CLUSTERS
Alisher Kurbanov, Saodat Bekmurodova

Thе аrticlе аnаlyzеs thе еvolution of clustеrs in thе еconomy аnd thе mеthodologicаl аpproаchеs of sciеntists. Thе dirеctions for аpplying thе synеrgistic еffеct of clustеrs аnd thе triggеr еffеct in our rеpublic аrе аlso indicаtеd. Thе currеnt stаtе of clustеrs is аnаlyzеd, conclusions аnd proposаls аrе prеsеntеd.

41-49 15 11
IMPORTANT FACTORS FOR EFFECTIVE SERVICE MANAGEMENT IN MODERN ARIAS
Najmiddin Ismailov

This article highlights the important factors of effective management of services in modern complexes. The important factors of management are explained. The normative legal documents adopted by the government and their current implementation are discussed. A conclusion is drawn based on the results of current implementation.

50-54 18 14
BIG DATA APPROACH IN PUBLIC PROCUREMENT: INNOVATIVE TECHNOLOGIES AND PRACTICAL EFFICIENCY
Nizom Majidov

This article examines the role of Big Data in public procurement processes and its significance for economic efficiency and anti-corruption measures. The study discusses the current state of electronic trading platforms introduced in Uzbekistan under the “Public Procurement” law, focusing on detecting deviations from market-based pricing and identifying “preferred supplier” practices at early stages. It shows how Big Data techniques enable real-time analysis of suppliers’ data, including the application of AI-based “red flag” alerts to prevent dumping or corrupt agreements. The findings indicate that Big Data methods can reduce the price differential, strengthen competition, and improve the effective utilization of budget funds in the public procurement system.

55-61 14 6
USE OF MARKETING COMMUNICATIONS IN COMMERCIAL BANKS
Murshida Minarova

This article analyzes the directions that should be carried out in order to effectively use marketing communications in commercial banks, the opinions of foreign and domestic scientists about marketing communication and proposals for its use in commercial banks, the importance of marketing communications in commercial banks in the context of the transition to the digital economy, problems related to the industry, and as a result of the analysis, conclusions and proposals were formulated.

62-71 15 9
THE ROLE OF ESG PRINCIPLES IN ENSURING THE LONG-TERM SUSTAINABILITY OF ENTERPRISES
Bahtiyoriddin Nuritdinov

This article is devoted to studying the role of ESG principles in ensuring the long-term sustainability of enterprises. ESG principles help to ensure the long-term development and sustainability of the enterprise by implementing responsibilities in the areas of environmental, social and governance into the business practices of enterprises, not only to benefit society and the environment, but also to ensure the long-term development and sustainability of the enterprise. The article analyzes the main elements of ESG principles, their impact on the economic efficiency and reputation of enterprises and the examples of companies that have successfully implemented these principles.

72-78 25 12
THE NEED TO HARMONIZE NATIONAL ACCOUNTING STANDARDS WITH INTERNATIONAL FINANCIAL REPORTING STANDARDS
Dildora Pashaxodjayeva

This article talks about the relevance and importance of transition to international financial reporting standards (IFRS) in Uzbekistan today in the process of integration of the world economy. Also, the issues of harmonizing the financial reports prepared on the basis of NAS in accordance with the IFRS, and steps to transform them were mentioned. The differences between national standards and international financial reporting standards are also analyzed.

79-83 11 7
FACTORS DETERMINING THE COMPETITIVENESS OF DIGITAL PLATFORMS
Asadulla Kayumov

This article analyzes the main factors determining the competitiveness of digital platforms. Digital platforms play an important role in today's economy, providing users with various services and products and shaping the market. The article examines the impact of factors such as technological innovation, user experience, quality of services and products, social validation, business model and monetization strategy on increasing the competitiveness of digital platforms. At the same time, the article presents factors affecting the success of digital platforms in the market and ways to adapt to market conditions, as well as recommendations aimed at increasing competitiveness. The results of the study identify the main factors necessary for the successful management of digital platforms and effective operation in a competitive environment.

84-92 15 8
IMPROVING FIXED ASSET ACCOUNTING
Nafisa Sanokulova

The article discusses the issues of methodological and organizational improvement of fixed asset accounting. In particular, the article deals with the criteria for recognizing fixed assets based on the National Accounting Standards and IFRS, the entry, classification, disposal of fixed assets, and the correct presentation of information about fixed assets in financial statements.

93-99 21 7
PRIORITY DIRECTIONS FOR ENSURING NATIONAL CURRENCY STABILITY WITHIN THE FRAMEWORK OF THE "UZBEKISTAN-2030" STRATEGY
Zilola Shamansurova, Ulugbek Urinboyev

This article outlines the set of legally-defined goals that constitute the "Uzbekistan - 2030" strategy. These goals include ensuring the stability of the national currency, increasing the income of the country’s population, ensuring the competitiveness of products manufactured within the country through a gradual transition to a market economy, increasing the volume of exports, localizing the production of imported goods, maintaining a moderate level of inflation, improving the living standards of our people, and placing our country among the "above-average income" states.
Unlike previously adopted strategies, this strategy has been adopted for the long term, and we can see that the current reforms are closely linked to the expected goals, as well as the growing year-on-year development of our country’s economy.

100-106 19 10
ECONOMETRIC MODELING OF THE IMPACT OF INVESTMENTS ON ECONOMIC GROWTH IN THE REPUBLIC OF UZBEKISTAN
Bozor Tukhliyev

Investments are one of the important factors determining the level of economic growth. The article analyzes the impact of centralized, decentralized investments and investments attracted on the basis of foreign credit on ensuring economic growth in our republic, as well as their econometric modeling. The relationship between investments and the level of economic growth was also analyzed by creating a multifactor econometric model.

107-117 18 9
REGIONAL METHODS OF NATURAL CAPITAL ACCUMULATION AND STRATIFICATION OF REGIONAL POTENTIAL
Saparbek Urunbayev

The article discusses regional methods of sustainable natural capital accumulation that require an individual approach to the specific geographical, climatic, socio-economic, and environmental conditions of a particular region. The report also contains proposals and recommendations for investing in resource-saving and environmentally friendly innovations in technology, scientific, technological and institutional support and improvement of production.

118-123 13 8
THEORETICAL APPROACHES TO FINANCIAL MANAGEMENT, FUNDRAISING, AND ALLOCATION MECHANISMS IN JOINT-STOCK COMPANIES
Shavkat Khusanov

This article analyzes the theoretical foundations of financial management in joint-stock companies. The focus is on the theoretical aspects of attracting and effectively allocating financial resources. Important factors in financial allocation are examined in the context of ensuring financial stability, enhancing investment attractiveness, and protecting shareholders' interests. Modern approaches to financial decision-making and their practical significance are analyzed.

124-131 13 5
DIGITALIZATION OF QATAR TOURISM INDUSTRY: GOALS AND RESULTS
Ravshan Abdullaev

This article discusses the digitalization of the tourism sector in Qatar, in particular the application of digital technologies such as artificial intelligence, the Internet of Things (IoT), VR and 3D in tourism, and the stages of its development. The article also highlights the positive impact and results of digitalization on the country's economy.

132-139 18 7
ANALYSIS OF NON-RETURN RATES OF LOANS IN BANKS OF UZBEKISTAN IN THE CROSS SECTION OF ECONOMIC SECTORS
Rustam Abduraxmonov

This research is aimed at determining the factors affecting the level of non-return loans in the banks of Uzbekistan and analyzing it in the sectors of the economy. The level of solvency of loans offered by banks is important in the economic stability of the country and the effectiveness of the financial system. In different sectors of the economy, the level of non-return loans is different, which is due to the specifics of the sectors, their financial situation and market conditions.
Within the framework of the study, the role of bank risk management, financial monitoring mechanisms and support programs provided by the state is studied in solving the problem of non-return loans. In the cross section of the economic sectors, trends specific to the level of non-return loans are analyzed and practical recommendations on problems in this area and their elimination are developed.

140-147 11 6
IMPROVING ORGANIZATION IMPLEMENTATION OF STRATEGIC PLANNING IN A TEXTILE ENTERPRISE
Bobur Abidov

The article examines the development of a logical model and a block diagram of strategic planning and organization of its implementation in the effective management of textile enterprises.

148-153 28 5
FOREIGN EXPERIENCE IN LOGISTICS AND SUPPLY CHAIN MANAGEMENT IN THE TEXTILE INDUSTRY
Munira Azlarova, Madaminjon Israilov

This article analyzes foreign experiences in the management of logistics and supply chains in the textile industry. Since the 1980s, the Just-in-Time concept and APS (Advanced Planning and Scheduling) systems have been shown to be an important factor in improving the efficiency of logistics processes. The Supply Chain Management (SCM) approach proposes to manage logistics processes as a single system to achieve strategic efficiency. The article discusses China's research in the field of logistics and its unique approaches to it, as well as its adaptation to international standards. In particular, practical experiences in resource management, cooperation with suppliers, and opportunities for creating economic benefits are presented.

154-161 18 8
DIRECTIONS FOR IMPROVING TREASURY EXECUTION OF THE STATE BUDGET IN THE CONTEXT OF THE DIGITAL ECONOMY
Murodbek Atajanov

Digitalization of public administration is becoming an important tool for accelerated economic development and improving interaction between government agencies, citizens and businesses. In the context of the growth of digital technologies, digitalization allows optimizing the processes of providing public services, reducing the administrative burden on businesses and increasing the efficiency of state financial control.

162-169 11 5
METHODOLOGY FOR ASSESSING THE EFFECTIVENESS OF TAX ADMINISTRATION
Farrukh Babaev

The article discusses the criteria for assessing the effectiveness of tax administration. Various theoretical approaches to assessing the effectiveness of tax administration are studied, criteria for assessing and measuring effectiveness for the government of Uzbekistan are proposed, and a conclusion is drawn at the end of the topic.

170-178 14 8
THE VALUE OF DEPOSITS IN COMMERCIAL BANKS AS A RESOURCE
Farkhod Bobobekov

There are several ways to attract resources in commercial banks. It is convenient for commercial banks to use their funds as a resource. However, given the limited resources available, the funds attracted are acceptable and attractive. In this study, we will examine the ways in which commercial banks conduct deposit policies to attract resources and the ratio of deposits to various economic indicators. Let us focus on the problems that exist in the process and their solutions.

179-185 16 10
ANALYSIS OF FINANCIAL INDICATORS OF CREDIT ACTIVITY OF A COMMERCIAL BANK (ON THE EXAMPLE OF THE NATIONAL BANK)
Ruslan Bozorov

In the article, the analysis of the practical situation of the bank's financial indicators was carried out on the example of the FEA National Bank, and the financial reasons for the formation of the results were explained. In particular, scientific conclusions were formed by analyzing the 7-year dynamics of indicators such as the composition of assets and liabilities, assets and capital profitability of commercial banks.

186-193 11 7
TECHNOLOGIES FOR PERSONALIZING INSURANCE OFFERS IN THE DIGITAL ECONOMY
Karomat Ikramova

This article examines and analyzes the opportunities for insurance companies to personalize their offers through the effective use of digital and financial technologies in the insurance industry.

194-200 15 5
EVALUATION OF TAX POLICY IN UZBEKISTAN USING A SCIENTIFIC APPROACH
Fakhriddin Isaev

This article fully reveals the current importance of assessing tax policy in Uzbekistan using a scientific approach. First, a review of the scientific literature on the topic is presented, new theoretical approaches and scientific developments of recognized specialists in the field of taxation are analyzed. Then, general conclusions and proposals are made, and the main directions for the formation and improvement of tax policy on a scientific basis are identified. Through this, the necessary recommendations are provided to ensure the economic growth and socio-economic stability of our country.

201-211 14 6
THEORETICAL FOUNDATIONS OF INNOVATION ACTIVITY IN NON-GOVERNMENTAL HIGHER EDUCATION INSTITUTIONS IN THE CONTEXT OF ECONOMIC MODERNIZATION
Faxriddin Kuvatov

In this article, in the context of the modernization of the national economy, the wider involvement of innovations in the economy of the Republic, in particular foreign innovations, makes an important contribution to the effective implementation of economic reforms carried out in our country. It is emphasized that this will be of paramount importance, as attention will be increased to assessing the effectiveness of innovative projects implemented in the national economy.

212-217 12 15
FOREIGN EXPERIENCE IN FORMING ACCOUNTING POLICY
Jurabek Kurbanbaev

The article broadly covers the necessity and importance of accounting policies, the requirements for their formation and the factors affecting them, as well as the methodological foundations of the formation of accounting policies based on international financial reporting standards. Also, the selection of accounting policies, changes in accounting estimates, and the methods used in the formation and application of accounting policies in the USA, Europe and Asian countries, as well as their regulatory and legal documents, are studied. Opinions and scientific recommendations are given on the aspects of foreign experiences that can be applied in our practice.

218-229 9 8
VENTURE INVESTMENT: DEVELOPMENT FACTORS
Saidkamol Makhmudov

The article examines the problems of the venture capital market. Despite the fact that this sector is well financed by the state and has large development institutions, it cannot be called successful today, a description of the current state of venture financing and its inherent problems are identified, and recommendations are developed to eliminate them.

230-237 11 7
INTERNATIONAL ELECTRONIC TRADE
Khilola Makhmudova

International e-commerce is an important and dynamically developing sector of the global economy, which has significantly expanded its scope in recent years due to digitalization and globalization. With the rapid growth of online commerce, the improvement of international logistics and payment systems, this sector provides unique opportunities for businesses of all sizes. Particularly relevant are the topics of access to international markets, optimization of buying and selling processes, as well as issues of transaction security and data protection. The importance of this topic is justified by current requests for improving regulatory norms and standards aimed at creating a safe and efficient environment for e-commerce.

238-245 15 7
RESULTS OF THE REFORMS CARRIED OUT TO IMPROVE TAX ADMINISTRATION IN OUR COUNTRY
Botir Mukimov

This article summarizes the development of the tax administration in the country for many years, the role and importance of the interregional tax inspection in the improvement of large-scale reforms aimed at further strengthening the confidence of business circles. At the same time, some important reforms implemented by the interregional tax inspectorate in the tax system of Uzbekistan were studied, and scientific-practical conclusions and proposals were developed based on foreign experience and its application in our country.

246-255 12 5
THE MECHANISM OF TAXATION OF ENTERPRISES WITH FOREIGN INVESTMENT OPERATING IN SPECIAL ECONOMIC ZONES
Abdunabi Niyozov

The article describes the mechanism of taxation of enterprises with foreign investment operating in special economic zones. Also, the experience of a number of foreign countries in taxation of the activities of enterprises with foreign investment and joint ventures is analyzed.

256-261 15 4
METHODOLOGICAL ASPECTS OF STATISTICAL EVALUATION OF INDUSTRY AND FINANCIAL EFFICIENCY
Intizor Obidova

This article describes a study of scientific literature on the subject and methodological aspects of statistical evaluation of financial efficiency of industrial enterprises.

262-268 13 11
PROSPECTS FOR USING FINANCIAL TECHNOLOGIES IN AN EFFECTIVE ORGANIZATION OF STATE TREASURY MANAGEMENT
Shahzod Rakhimov

The article presents an analysis of the possibilities of using financial technologies to implement the functions of the state treasury, their advantages and benefits, as well as the risks and obstacles that may arise during their application.

269-275 12 7
CHALLENGES YOUNG ENTREPRENEURS FACE IN THE DIGITALIZATION PROCESS
Oleg Rijichenko

The article discusses the main problems faced by young entrepreneurs in the process of digitalization of their business. Both technological and financial barriers are analyzed, including lack of funds for the implementation of new digital solutions and low digital literacy of entrepreneurs. Attention is also focused on socio-cultural barriers associated with changes in organizational culture and the risks associated with the uncertainty of digital transformation. The article also discusses recommendations for overcoming these problems, including the need to create institutional support, develop educational programs and increase the level of financial access. The results of research conducted by scientists, as well as information from organizations supporting the digitalization of small and medium businesses are presented.

276-283 12 5
INNOVATIVE TECHNOLOGIES USED IN BANKING
Bakhodir Sidikov

The article examines in detail the directions of implementation of innovative technologies in the banking sector. Examples of successful implementation of innovative technologies in the banking sector are analyzed, as well as an analysis of the advantages and risks of implementation of innovative technologies, the impact of the development of the financial and credit system on the development of the economy.

284-290 11 6
RAILWAY, BUS AND PASSENGER BUS INFRASTRUCTURE: PROSPECTS FOR TOURISM DEVELOPMENT IN UZBEKISTAN
Ahmadjon Taniev

This article analyzes the possibilities of tourism development in Uzbekistan through investment and modernization of railway, bus and passenger infrastructure. The article analyzes reforms in the conditions of Uzbekistan based on the transport policy of European countries. Liberalization and privatization of transport infrastructure are aimed at increasing the flow of tourists and improving economic efficiency. This study shows the dynamics of investment, passenger flow and market share in the railway and bus transport sector. Recommendations are developed to improve the quality of transport services through economic efficiency, public-private partnership and innovation.

291-298 15 10
THE EDUCATIONAL MARKET AS AN ECOSYSTEM: THE ROLE OF UNIVERSITIES, EMPLOYERS AND STUDENTS IN CONSUMER BEHAVIOR
Naima Xalmurzayeva

The article examines the educational market as an ecosystem where key participants interact: universities, employers and students. The author analyzes the role of each of these entities in shaping consumer behavior in the educational market. Particular attention is paid to the interdependence of their interests, the dynamics of interaction and the influence of external factors, such as technological changes and digitalization. The study demonstrates that universities act not only as providers of educational services, but also as an important link in creating competencies in demand in the labor market.

299-307 15 10
IMPROVING THE METHODOLOGY FOR ACCOUNTING FOR SALES COSTS AND ELECTRICITY LOSSES IN POWER SUPPLY ENTERPRISES
Akbar Shodiev

This article presents the procedure for improving the methodology for accounting for electricity sales costs and electricity losses, disadvantages of the current accounting methodology, costs for sales through the use of the included accounting methodology, and accounting for types of electricity losses. Also, new methods for assessing electrical losses are scientifically substantiated and outlined.

308-312 32 17
ISSUES OF IMPROVING TAX CONTROL IN THE CONTEXT OF DIGITALIZATION OF TAX ADMINISTRATION
Davron Shodmonov

This article discusses theoretical issues of tax audit in the digital economy. The results of tax control audits by form and type are presented on the basis of information obtained from practice.

313-319 13 5
FINANCING INNOVATIVE PROJECTS BY JOINT-STOCK COMPANIES IN THE CONTEXT OF ECONOMIC MODERNIZATION
Zilola Shomansurova

This article analyzes the economic, financial, and technological foundations of developing innovative activities in joint-stock companies. It highlights the key role of innovations in modernizing the economy, enhancing competitiveness, and producing high value-added products. The study provides practical recommendations for financing, managing innovative projects, and improving their economic efficiency. The findings contribute to strengthening Uzbekistan's position in the Global Innovation Index and further developing the innovative potential of joint-stock companies.

320-331 16 11
ISSUES OF USING FINANCIAL MONITORING IN ORGANIZING REMOTE AUDITING
Sherzod Yariev

The article describes the use of financial monitoring when organizing a remote audit. During the audit, scientific works and regulatory documents on the use of financial monitoring were analyzed, and conclusions and suggestions were given.

332-337 12 5