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INSTITUTIONAL ASPECTS OF IMPROVING THE MECHANISM OF LEASING INVESTMENT IN THE REPUBLIC OF UZBEKISTAN
Abdurashid Kadirov, Aliya Akhmediyeva

This article discusses the macroeconomic aspects of leasing investment as a mechanism of modernization of reproduction of the real sector of the economy, as well as its development in the conditions of transformation of the national economy.

05/31/2023
  • PDF
42-52 175 127
THE METHODOLOGY OF A COMPREHENSIVE ASSESSMENT OF THE DIGITAL DEVELOPMENT OF SOCIETY AND THE ECONOMY OF THE REGIONS
Bahtiyor Mamurov

The dynamics of the digital transformation of the economy and society, the versatility and diversity of digital development indicators, their significant differentiation by economic sectors and regions of the country dictate the need to develop comprehensive methods for assessing digital development. Based on the study of the patterns of formation of the digital economy, the article defines the stages of digital development, target criteria and a system of integral, generalizing and partial indicators for the stages of digitalization of the economy and society. The integral coefficient of the state of digital development is calculated using an additive model based on normalized values of real indicators. The potential values of particular indicators are used to assess the potential of digital development.

01/31/2024
  • PDF (Uzbek)
57-66 205 164
THE IMPACT OF PILGRIMAGE TOURISM ON THE ECONOMY OF UZBEKISTAN: KEY INDICATORS AND CURRENT TRENDS
Shokhida Mustayeva

Pilgrimage tourism is one of the promising areas of tourism development in the Republic of Uzbekistan. The article examines the main indicators and trends in the development of pilgrimage tourism in Uzbekistan, as well as its socio-economic consequences. The purpose of the study is to identify the role of pilgrimage tourism in the economy of the Republic of Uzbekistan, to determine the main indicators and trends in the development of this area of tourism. The ideas of the study are that pilgrimage tourism has significant potential for the development of the economy of Uzbekistan, creating jobs and improving the standard of living of the population.


The research contributes to the development of theoretical knowledge about pilgrimage tourism in Uzbekistan. The practical significance of the study lies in the fact that its results can be used to develop strategies for the development of pilgrimage tourism in Uzbekistan, as well as to improve the efficiency of management of this tourism area.
The methodological basis of the research is the economic and sociological approaches. The research uses methods such as statistical data analysis, including correlation and regression analysis; analysis of official legal documents and scientific literature, generalization, forecasting.
As a result of the study, the following main results were obtained. In 2022, about 313.9 thousand pilgrims visited the country, which is about 6% of the total number of international tourists. Revenues from pilgrimage tourism in 2022 amounted to 125.6 million dollars, which is about 1.52% of the GDP of the Republic of Uzbekistan. According to the forecast for 2023, the incoming tourist flow to the Republic of Uzbekistan will grow to 7 million people, the number of pilgrim tourists will amount to 420 thousand people. Then the income from pilgrimage tourism in 2023 It will amount to $168 million, and the total revenue from tourism will amount to $ 2.8 billion. Using correlation analysis, a direct noticeable correlation was revealed between employment in the tourism sector and income from tourism. Pilgrimage tourism is one of the promising areas of tourism development in Uzbekistan. The results of the study contribute to the development of theoretical knowledge about pilgrimage tourism in Uzbekistan. The results of the study can be used to develop strategies for the development of pilgrimage tourism in Uzbekistan, as well as to improve the efficiency of management of this area of tourism. In particular, the study can be used to improve the regulatory framework governing activities in the field of pilgrimage tourism; development of infrastructure for pilgrimage tourism; promotion of pilgrimage tourism in foreign markets.

05/31/2024
  • PDF (Russian)
560-569 606 168
CURRENT PROBLEMS AND SOLUTIONS OF HOUSING AND COMMUNAL SERVICES IN THE CONDITIONS OF GREEN ECONOMY DEVELOPMENT
Sherzod Najmiddiniv, Dilfuza Berdiyeva

This article analyzes the main problems in the housing and communal economy management system and the possibilities of their solution in the context of the green economy. Comprehensive information is provided about the practical importance of the green economy, its important role in maintaining environmental stability and increasing energy efficiency. The article also considers ways to improve the housing and communal economy by using international experience and implementing innovative management approaches. As a result of the research, effective ways of innovative development in the conditions of the green economy are recommended, and their positive impact on society and ecology is evaluated as a result of their use in the housing and communal economy.

11/29/2024
  • PDF (Uzbek)
204-208 142 83
FACTORS OF HUMAN CAPITAL DEVELOPMENT IN THE PROCESS OF IMPLEMENTATION OF CONCEPTS AND STRATEGIES FOR SOCIO-ECONOMIC DEVELOPMENT OF THE COUNTRY
Gayrat Ubaydullaev

The purpose of the study is to study the theoretical and practical foundations of
human capital development factors in the process of implementing concepts and strategies for the socio-economic development of Uzbekistan. Analysis of practical work aimed at improving science, education, health and culture for the development of human capital in the new Uzbekistan, development efforts along with world civilizations and countries of the world. In the process of forming human capital in the interests of innovative development, it is aimed at education, knowledge, skills, abilities, motivation, professional orientation of the individual, training of carriers of new knowledge, the formation of social demand and the development of competencies
that satisfy needs.

06/30/2024
  • PDF (Uzbek)
207-213 315 100
SUSTAINABLE DEVELOPMENT IN THE CIRCULAR ECONOMY
Zokir Sodikov

This study analyzes the role, importance, and mechanisms of the circular economy in achieving sustainable development. The circular economy contributes to rational use of resources, reduction of waste, and ensuring environmental sustainability. Furthermore, this model harmonizes economic growth, social well-being, and environmental protection through the establishment of sustainable production and consumption systems. The research examines the advantages of the circular economy, international experience, and opportunities for its implementation in the national economy.

09/29/2025
  • PDF (Uzbek)
230-236 326 99
DIRECTIONS OF DEVELOPMENT OF DIGITAL ECONOMY IN UZBEKISTAN
Abdurashid Kadirov, Aliya Akhmedieva, Bahtiyor Mamurov

The article examines the current trends in the development of the digital economy and its impact on economic growth in the context of globalization. Many scientific studies are being conducted on improving the structure of the economy of regions in the context of globalization and international competition in the world, as well as the expansion of digitization processes. Development of modern methodological approaches to the development and support of advanced regions, rapid development of industries based on high technologies, reduction of social gaps between all regions, regulation of population employment and standard of living, widespread introduction of the policy of decentralization of the management system, implementation of structural changes in regions and assessment of the impact of socio-economic and ecological systems and digital technologies on ensuring sustainable economic growth is one of the priority directions of scientific and research work in this regard.

07/31/2023
  • PDF (Uzbek)
183-190 467 175
DEVELOPMENT OF ELECTRONIC PAYMENT SYSTEMS: ELECTRONIC DEPOSITS AND CYBERSECURITY FACTORS
Gulnora Ismoilova
This article provides a comprehensive analysis of the development trends of electronic money and digital payment systems in the Republic of Uzbekistan, as well as their impact on the national economy. Within the scope of the study, economic, technological, and social factors influencing the growth of electronic money deposits during the period 2017–2024 were examined. In particular, the interrelationships between indicators such as the number of plastic cards, the volume of electronic payment transactions, bank deposits, and the network of payment terminals were assessed using correlation and regression analysis. In addition, the evolution of electronic money, the stages of development of plastic cards and digital payment systems, and their impact on economic efficiency were analyzed. The research results indicate that the reduction of transaction costs, the increase in financial transparency, and the expansion of financial inclusion are the main economic advantages of the electronic payment infrastructure. At the same time, cybersecurity issues associated with the development of digital financial infrastructure, including threats of cyberattacks such as phishing, malware, and DDoS attacks, were also examined. Based on the obtained results, forecast indicators for the development of electronic payments and electronic deposits for the period 2025–2029 were developed. The findings of the study demonstrate that electronic money and digital payment systems play a significant role in increasing economic efficiency, strengthening financial control, and promoting the development of the digital economy. Furthermore, the study substantiates the necessity of improving cybersecurity systems and enhancing the digital literacy of the population in order to ensure the sustainable development of the digital financial infrastructure.
03/31/2026
  • PDF (Uzbek)
120-127 129 54
THE ROLE OF HOTEL SERVICES DEVELOPMENT IN THE DEVELOPMENT OF THE NATIONAL ECONOMY
Zokir Mansurov

The article examines the issues of improving the organizational and economic mechanism for the effective development of the hotel services market in the context of implementing the strategy for the development of sustainable tourism, as well as the accelerated development of the tourism sector and turning it into one of the promising sectors of the national economy. The main aspects of the development of the hotel industry are studied, proposals and recommendations are given.

03/28/2025
  • PDF (Uzbek)
133-137 191 93
SHADOW ECONOMY AND INFLATION IN UZBEKISTAN: ANALYSIS OF THE RELATIONSHIP OF MACROECONOMIC TRENDS
Anvar Usmanov , Ugiloy Abdulazizova

Research shows that the shadow economy is a collection of unrecorded income, informal employment, and unregulated transactions and it undermines the effectiveness of fiscal and monetary policies and distorts macroeconomic indicators. The purpose of this article is to analyze the dynamics of key macroeconomic indicators reflecting inflation and the state of the shadow economy in Uzbekistan, and to identify possible relationships between them.

09/29/2025
  • PDF (Russian)
431-445 84 66
TRENDS IN THE DEVELOPMENT OF CREATIVE ECONOMY SECTORS IN UZBEKISTAN AND ABROAD
Oybek Dusmukhamedov

The article describes the approaches of foreign scientists to the concept of the creative economy and its constituent industries. The American and British approaches to the main sectors of the creative economy are compared. In 1900-2008 trends in the development of the creative working class in the structure of the US working class were studied. Based on the UK methodology, the state of development of the creative economy in Uzbekistan is analyzed from the point of view of its constituent industries and the number of employees. Scientific proposals and practical recommendations aimed at developing the creative economy in Uzbekistan have also been developed.

06/30/2024
  • PDF (Uzbek)
321-329 279 105
THE IMPACT OF DIGITAL TECHNOLOGY DEVELOPMENT ON THE ECONOM
Sirojiddin Rajabov

The article discusses the history of the development of digital technologies and their involvement in economic relations, based on various sources. By analyzing the key stages of scientific and technological progress, conclusions are drawn about the scope and scale of the economy. The latest scientific innovations in the development of the modern economy and their role and significance in shaping the digital economy are thoroughly analyzed. The compliance of legal and regulatory frameworks supporting entrepreneurship and small business development in Uzbekistan's digital economy with modern requirements is comparatively studied.

07/31/2025
  • PDF (Uzbek)
112-118 176 102
THE ROLE OF BANKS IN THE DEVELOPMENT OF THE GREEN ECONOMY
Shamsiddin Karimov

This article shows how important it is to transition to a green economy as a result of global climate change. Also, due to environmental and social problems, the priority tasks of green economy development and issues of increasing the role of banks in the development of green economy, environmental and social risks in banks and their assessment, green loans, green bonds expansion are presented.

07/31/2024
  • PDF (Uzbek)
89-96 224 106
THE ROLE OF COMMERCIAL BANKING TECHNOLOGIES IN THE DEVELOPMENT OF THE DIGITAL ECONOMY AND PROSPECTS FOR ITS DEVELOPMENT
Sherzod Hamroev

The article discusses the principles of formation of the digital economy and highlights aspects of its improvement through the use of commercial banking technologies. The importance of digitalization of the economy in the socio-economic development of countries is highlighted, as well as scientific and theoretical views on the development of the use of technology by commercial banks and proposals and recommendations for their analysis.

05/31/2024
  • PDF (Uzbek)
739-746 138 92
THE IMPACT OF THE IT SECTOR ON ENHANCING THE COMPETITIVENESS OF THE NATIONAL ECONOMY IN THE CONTEXT OF GLOBALIZATION
Abdurashid Qodirov , Aliya Axmediyeva , Baxtiyor Ma’murov

This article analyzes the role of the IT sector in enhancing the competitiveness of the national economy under the conditions of globalization. Digital transformation is considered a key factor in economic modernization, export potential growth, and human capital development. The article examines current trends in the global IT market and highlights efforts to develop digital infrastructure in the Republic of Uzbekistan, particularly through the example of the Tashkent IT Park. Statistical data on the structure of ICT services, export volumes, and employment levels are presented. The importance of government support, investment in education, and the training of IT specialists is emphasized. In conclusion, strategic directions are proposed for developing a “knowledge economy” and integrating the IT sector into the global digital space. This article has been prepared within the framework of the scientific research project titled “Study of the prospects and challenges of liberalizing trade in services between Russia and Uzbekistan, as well as the development of recommendations for increasing its volume and mechanisms for achieving this goal”.

05/30/2025
  • PDF (Russian)
162-170 217 141
PROSPECTS FOR THE DEVELOPMENT OF THE SERVICE SECTOR IN THE CONDITIONS OF THE DIGITAL ECONOMY
Gulam Ernazarov

This article analyzes the development of the service sector in the conditions of the digital economy, the scientific opinions, views and significance of foreign and domestic scientists on the development of the service sector, the development of the service sector by ensuring competitiveness in the service sector, the role of the service sector in the national economy, the areas of ensuring the employment and their well-being

06/27/2023
  • PDF (Uzbek)
323-329 131 99
DEVELOPMENT AND PROSPECTS OF THE SERVICE SECTOR AT THE STAGE OF ECONOMIC DEVELOPMENT OF NEW UZBEKISTAN
Gulam Ernazarov

In this article, during the period of new economic development of Uzbekistan, the special importance of the service sector, prospects and development trends are studied. The development of the service sector based on modern innovative technologies, its weight in the national economy and ways to create new jobs, increase employment and income of the population through the development of the industry are also statistically analyzed

04/30/2024
  • PDF (Uzbek)
646-653 142 79
ELECTROTECHNICAL INDUSTRY AS AN IMPORTANT DRIVER OF THE ECONOMY OF UZBEKISTAN
Odina Rashidova

In the article, the economic development of the electrotechnical industry, the rate of growth of the production volume of electrotechnical products, and the export indicators of electrotechnical products are studied over the years, and the geography of product export is highlighted. Development prospects for the next period have been defined.

05/31/2023
  • PDF
57-63 164 62
DEVELOPMENT OF FOREIGN ECONOMIC RELATIONS OF THE REGION MODERN TRENDS
Feruza Khayitova

This article presents modern trends in the development of foreign economic
relations of the region, strategies and practices aimed at strengthening economic ties between countries and regions, as well as globalization and integration of these modern trends, digital economy, sustainable development, development of transport, logistics infrastructure, innovation and technological progress. These trends are the main factors in the development of interregional economic relations, which serve to ensure economic growth, increase trade and investment flows, and support sustainable development. In our country, these trends play an important role in ensuring the country's economic stability and increasing its competitiveness in international
trade.

06/30/2024
  • PDF (Uzbek)
263-269 213 71
STATISTICAL ASSESSMENT OF TRADE DEVELOPMENT TRENDS AND ITS INFLUENCE FACTORS
Aziza Muhamedova

The article considers general issues of formation and development of theoretical and methodological aspects of evaluation of the system of development of trade services in the conditions of socio-economic transformations. In the course of the presentation of the work, the main elements of evaluation of the system of development of trade services are generalized and structured, its functions are systematized, the factors of its development are studied, as well as the role of evaluation of the system of development of trade services in formation of the platform of sustainable development of trade and national economies forming it.

12/27/2024
  • PDF (Uzbek)
357-363 124 66
DEVELOPMENT AND EXPANSION OF THE PUBLIC PROCUREMENT SYSTEM IN THE ECONOMY
Anvar Usmanov

The article is devoted to the theory of public procurement. In methodological terms, public procurement is considered in logical connection with such categories as proportionality, regularity and planning. And public procurement is presented as a method of gradual transition from a spontaneous market to a regulated market economy, and then - the outgrowth of a market economy into a planned one.

06/30/2024
  • PDF (Russian)
447-454 185 71
THE IMPACT OF DIGITIZATION ON THE NATIONAL ECONOMY THEORETICAL FOUNDATIONS OF LEARNING
Diyora Talatova

Today, digital technologies such as artificial intelligence, industrial robots, distance education, wireless communication, blockchain, huge data, virtual and stuffed ghost, smart installations, Internet goods are widely used in various spheres of society. From the process of digitization in the world to the dedication to the inclusive, sustainable economic development of the National Economy, R & D work is widely explored. Since the digitization factor has its influence on all aspects of society, a systematic, in-depth analysis of the impact on the sustainable development of the country's economy is required. The article explores the theoretical foundations of the impact of digitization on the national economy and develops relevant scientific conclusions and proposals aimed at improving the mechanism of its implementation

04/30/2024
  • PDF (Uzbek)
540-545 171 91
GREEN ECONOMY: THE NEED AND PROSPECTS OF DEVELOPMENT
Muhammadjon Erkhanov

The article describes the trends in the development of the "green" economy, the goals and objectives of increasing its competitiveness due to the modernization and diversification of the leading sectors of the economy. Proposals have been put forward to eliminate the existing risks for the implementation of the "green" economy. Particular attention is paid to the formation of the "green" economy, and measures aimed at stimulating the development of the sector are presented.

12/31/2023
  • PDF (Uzbek)
374-380 290 168
THE ROLE AND SIGNIFICANCE OF DIGITAL ECONOMY IN THE SOCIO-ECONOMIC DEVELOPMENT OF THE REPUBLIC OF UZBEKISTAN
Islom Umarov

The article provides a comprehensive analysis of the role of the digital economy in the socio-economic development of the Republic of Uzbekistan. It examines the institutional foundations of digital transformation, the development of ICT infrastructure, the digitalization of public administration and the private sector, and the implementation of innovative technologies in industry, education, healthcare, and agriculture. Special attention is given to the challenges of digitalization, including digital literacy, cybersecurity, and human capital development. Based on the analysis, the study identifies the key prospects for the further advancement of the digital economy and its impact on sustainable economic growth and the country's competitiveness.

12/29/2025
  • PDF (Russian)
293-300 128 76
THE IMPORTANCE OF HUMAN CAPITAL IN THE DEVELOPMENT OF AN INNOVATIVE ECONOMY AND ITS ROLE IN THE COUNTRY'S ECONOMY
Nixolaxon Axmadaliyeva

This article analyzes the role of human capital in an innovative economy and its impact on the country's economic development. Human capital is an economic resource that includes education, healthcare, skills, research and technological potential, and is a key factor in innovative development.

10/31/2025
  • PDF (Uzbek)
16-20 271 116
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