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ECONOMETRIC ANALYSIS OF THE IMPACT OF ELECTRICITY PRODUCTION ON GROSS DOMESTIC PRODUCT IN THE REPUBLIC OF UZBEKISTAN
Rabim Fayziyev

In this article, based on the dynamics of electricity production and gross domestic product in the Republic of Uzbekistan, mathematical models were constructed for the period 2010-2023 and further until 2017. Forecast indicators for the period from 2024 to 2030 were determined. An econometric analysis of the impact of electricity production on GDP for the period under study was also conducted.

05/30/2025
  • PDF (Uzbek)
77-89 212 112
METHODS OF OPTIMIZING THE COST OF PRODUCTS AT SMALL INDUSTRIAL ENTERPRISES
Dilshod Sultanov

This article analyzes the main methods of reducing and optimizing product cost in small industrial enterprises. Cost reduction enables companies to increase their competitiveness and quickly adapt to market demands. The paper examines effective management of production processes, rational use of raw materials and resources, implementation of technological upgrades, as well as the improvement of logistics and inventory systems. In addition, cost optimization strategies tailored to the economic conditions of small businesses are proposed.

12/29/2025
  • PDF (Uzbek)
253-257 118 80
REFORMS IN THE REPUBLIC OF UZBEKISTAN ON THE APPLICATION OF QUALITY MANAGEMENT IN THE CONSTRUCTION MATERIALS INDUSTRY
Ilmurad Achilov

In this article, the reforms carried out in the Republic of Uzbekistan on the application of Quality Management in the construction materials industry were studied in a scientific and practical way.nnotation. In this article, the reforms carried out in the Republic of Uzbekistan on the application of Quality Management in the construction materials industry were studied in a scientific and practical way. The study critically analyzed the basic concepts of the theory of Quality Management, the views of foreign and domestic scientists, and evaluated the possibilities of their application to the construction materials industry. The article analyzes the volumes of production of building materials, the proportion of enterprises that have implemented the ISO 9001 Quality Management System, the level of defective products and export indicators.he article analyzes the volumes of production of building materials, the proportion of enterprises that have implemented the ISO 9001 Quality Management System, the level of defective products and export indicators. The results of the analysis developed scientific and practical conclusions on the implementation of the quality management system to ensure the stability of product quality, reduce production costs, increase export potential and strengthen the competitiveness of enterprises.

12/29/2025
  • PDF (Russian)
19-26 131 119
THE THEORETICAL AND METHODOLOGICAL FOUNDATIONS OF OVERHEAD COST ALLOCATION
Dilfuza Tashnazarova

The article analyzes the theoretical and methodological foundations of overhead cost allocation. The stages of primary and secondary allocation and their significance in determining product cost and substantiating managerial decisions are examined. Based on the principles of cause-and-effect, fairness, consistency, and efficiency, the criteria for optimal cost allocation are identified. Furthermore, the necessity of implementing multi-criteria and adaptive allocation models in modern production conditions is emphasized. The research findings enhance the accuracy of product costing, improve the assessment of resource utilization efficiency, and expand the opportunities for substantiating managerial decisions.

04/30/2026
  • PDF (Uzbek)
256-262 84 52
THE ESSENCE OF THE “CRADLE TO CRADLE” CONCEPT IN THE CIRCULAR ECONOMY
Zokir Sodikov

This article examines the essence and practical significance of the “Cradle to Cradle” concept as one of the key theoretical foundations of the circular economy. The concept emphasizes a closed-loop system of product and resource life cycles, where waste is transformed into a valuable resource, ensuring environmental sustainability. The study highlights the differences between the “Cradle to Cradle” and the traditional “Cradle to Grave” approach, analyzing its ecological, economic, and social advantages. Furthermore, the role of this concept in advancing the circular economy and contributing to sustainable development goals is substantiated.

12/29/2025
  • PDF (Uzbek)
244-252 109 70
ENHANCING FINANCIAL SERVICES IN COMMERCIAL BANKS AND STRATEGIES FOR SUSTAINABLE DEVELOPMENT
Bekhzod Rozikov

This paper examines strategies for developing financial services in commercial banks to enhance their competitiveness, efficiency and value proposition. In an era characterized by rapid technological advances and changing customer preferences, commercial banks are faced with the need to innovate and adapt to changing market demands. This article identifies the key strategies of banks to achieve sustainable growth and maximize customer satisfaction. These strategies include digital transformation, expanding product offerings, improving customer experience, enhancing access to financial services, strengthening risk management, investing in talent development and sustainable financing practices. Implementing these strategies will help commercial banks take a leadership position in financial services, drive business growth and achieve the broader goals of economic prosperity and social well-being.

04/30/2024
  • PDF (Uzbek)
218-223 241 132
SCIENTIFIC AND METHODOLOGICAL FOUNDATIONS OF EFFECTIVENESS OF WALNUT PRODUCTION IN MOUNTAIN AREAS
Abror Inobatov

This article highlights the possibilities of expanding the legal consultation of this process for the development of the walnut business in the Republic. Uzbekistan is one of the leading countries with economic potential and opportunities among Asian countries. Special attention is being paid to modernization and diversification of the country's economy, increasing the export potential of the agricultural sector, and taking a worthy and solid place in the world market. Walnut cultivation, development of the sector on the basis of modern technologies, walnut varieties capable of producing products that meet the requirements of the world market, introduction of economical and digital agro-technologies will ensure improvement of product quality and increase of labor productivity in the network.

04/30/2024
  • PDF (Uzbek)
71-80 228 107
THE IMPACT OF FOREIGN TRADE LIBERALIZATION ON THE FORMATION OF A COMPETITIVE ENVIRONMENT IN THE COUNTRY'S ECONOMY
Sanjar Xolbayev

The impact of foreign trade liberalization on the competitive environment in the country's economy is theoretically studied, and the effect of changes in import tariffs on the development of competition in the economy and the positive change in foreign trade are analyzed by using the OECD product market regulation indicator.

06/30/2025
144-148 195
FOOD PRICE VOLATILITY AND ITS ECONOMIC EFFECTS ON RURAL LABOR MARKETS BY PRODUCT TYPES
Ravshan Asamov

Food price volatility is a key concern in global agricultural markets, influencing economic outcomes in both urban and rural areas. In rural labor markets, where a significant portion of households depends on agriculture, the impacts of food price fluctuations are multifaceted. This paper investigates the effects of food price volatility on rural labor markets, focusing on different agricultural product types. We analyze the direct and indirect consequences on employment, wages, income distribution, and migration patterns. The study highlights that the impacts vary across regions and product categories, with staple crops, cash crops, and livestock products exhibiting distinct economic dynamics. Using both theoretical frameworks and empirical data, the paper offers insights into policy strategies that can mitigate the adverse effects of price volatility, fostering more resilient rural labor markets.

12/27/2024
  • PDF
40-47 207 106
EXPERIENCES OF FOREIGN COUNTRIES IN THE TRANSFORMATION AND DIVERSIFICATION OF TOURISM TYPES
Dilfuza Saidova

This scientific article provides a comprehensive analysis of the processes of transformation and diversification of tourism types based on the experience of foreign countries. The study explores the reforms, strategic approaches and institutional mechanisms implemented in the tourism sector during the post-pandemic recovery phase of 2020-2025. In particular, measures have been analyzed aimed at digital transformation of tourism, product and market diversification, mitigation of seasonality, introduction of sustainable and “green” tourism, as well as increasing the value of tourist services. The study sets out the principles of Public Policy and strategic planning, infrastructural investment, digital technologies, effective use of cultural and Natural Resources, and sustainable development as the main factors for the transformation and diversification of Tourism. Scientific and practical conclusions and recommendations for improving the policy of national tourism have also been developed on the basis of foreign experience.

03/31/2026
  • PDF (Uzbek)
219-227 81 50
IMPROVING METHODOLOGICAL APPROACHES TO THE APPLICATION OF ISLAMIC FINANCIAL INSTRUMENTS: UZBEKISTAN’S EXPERIENCE AND INTERNATIONAL STANDARDS
Oybek Voxidov

This article analyzes the methodological foundations for applying Islamic financial instruments in Uzbekistan and proposes key directions for their improvement in line with international standards. A comparative evaluation of AAOIFI and IFSB guidelines, along with the experiences of leading Islamic finance markets such as Malaysia, the UAE, and Turkey, is conducted. The findings indicate that the development of Islamic finance in Uzbekistan requires enhancements in the legal framework, institutional structure, product design methodology, risk management practices, Shariah governance, and tax treatment. Addressing these methodological gaps is essential for ensuring the sustainable and effective growth of Islamic finance in the country.

11/28/2025
  • PDF (Uzbek)
242-248 139 82
USING BUSINESS INTELIGENCE SYSTEMS TO IMPROVE MANAGERIAL ACCOUNTING OF PRODUCTION COSTS
Xilola Ikramova

This article examines the benefits of use of business intelligence systems to improve the efficiency of management and control over accounting of production costs at enterprises engaged in the production of products.

03/28/2025
  • PDF (Russian)
110-114 173 103
PROSPECTS OF USING THE OPPORTUNITIES OF ISLAMIC FINANCE IN ACHIEVING ECONOMIC STABILITY IN OUR COUNTRY
Dadajon Khabibullayev

The article discusses the impact of Islamic finance on economic changes in the process of achieving economic stability and improving reforms in our country. At the same time, the author expressed his views as one of the most important factors leading to significant and complex changes in the structure, systems and activities of the modern economy, which is one of the most important factors that determine a stable increase in the level of production, competitiveness and general economic well-being. The author further strengthened these views based on the statistics presented by country and year.

07/31/2023
  • PDF (Uzbek)
54-61 314 136
OPPORTUNITIES FOR EFFECTIVE USE OF DEMOGRAPHIC DIVIDENDS
Muhabbat Asqarova

This article discusses the demographic dividend. It examines the theoretical views of scientists on the demographic dividend, the advantages and benefits of the demographic dividend, the stages of obtaining it, and the factors, causes, and directions that are important for achieving the demographic dividend.

03/28/2025
  • PDF (Uzbek)
72-79 256 61
THE ROLE OF CONSTRUCTION ORGANIZATIONS IN REDUCING THE UNEMPLOYMENT RATE OF THE COUNTRY
Jamshid Alijonov

Further development of the field of housing construction, improvement of mechanisms for attracting investments, further improvement of the standard of living of our country, is one of the reforms that are consistently carried out in our country today. At the heart of this article lies the expansion of the economy of our country, the reduction of the unemployment rate through the development of the construction sector in our country, the further improvement of the living well-being of our population, the increase of gross domestic product and economic development.

03/28/2025
  • PDF (Uzbek)
55-63 183 169
CONSUMER BEHAVIOR MANAGEMENT BASED ON DIGITAL TECHNOLOGIES
Mubоrаk Rаimоvа

Thе articlе is dеvotеd to thе pеculiaritiеs of consumеr bеhavior managеmеnt basеd on digital tеchnologiеs. The article discusses the strategies of advertising and promoting products or services using digital marketing tools in modern business, as well as the effectiveness of information about products and services reaching consumers through digital platforms.

01/31/2025
  • PDF (Uzbek)
130-138 166 70
LOGISTICS SYSTEM IN THE INDUSTRY OF UZBEKISTAN
Dono Pulatkhujaeva

This article analyzes the changes in logistics in the production system and its place and importance for the country's economy, prospects, problems, possibilities of logistics on an international scale, scientific, theoretical and practical views of foreign scientists on this topic. The conclusions and suggestions concerning the problems of the logistics system in the economy of Uzbekistan are presented

01/31/2025
  • PDF (Uzbek)
100-110 165 100
THE ROLE AND IMPORTANCE OF MODERN TECHNOLOGIES IN THE DIGITAL ECONOMY
Muhiddin Pulatov , Murod Nizomov

This article examines the issues of further development of the digital economy, implementation of a set of measures for the widespread introduction of modern information and communication technologies in all sectors and areas, including public administration, education, healthcare and agriculture. Suggestions and recommendations were given for improving the e-government system, further development of the local market of software products and information technologies

12/27/2024
  • PDF (Uzbek)
147-151 202 75
STATISTICAL ANALYSIS OF THE VOLUME OF INVESTMENTS IN INDUSTRIAL ENTERPRISES OF SURKHANDARYA REGION
Feruza Hojiqulova

The article presents a statistical analysis of investments in industrial enterprises that provide various products and services to the population of our country. Information on the number of industrial enterprises and the volume of investments made in this region in 2010-2023, as well as the amount of gross regional products.

12/27/2024
  • PDF (Uzbek)
53-61 227 77
INTERNATIONAL ECONOMIC ASPECTS OF THE DEVELOPMENT OF THE OIL AND GAS INDUSTRY OF THE REPUBLIC OF UZBEKISTAN IN THE CONTEXT OF DIGITALIZATION
Rimma Yunusova

In this article, the basics of digitization of the activities of the oil and gas production industry in the conditions of the digital economy, the scientific-theoretical views of foreign and domestic scientists, the importance of digitization in the production and processing of oil and gas, security problems, a comparative analysis of the activities of foreign and domestic miners who introduced digitization were carried out. Conclusions and suggestions were drawn in the relevant order on the topic

11/29/2024
  • PDF (Russian)
506-514 131 52
THEORETICAL APPROACHES TO THE INNOVATIVE DEVELOPMENT OF THE TOURISM SECTOR
Umida Nosirova

. Today, the tourism industry as a global phenomenon is rapidly developing both in economically developed countries and in countries on the path of development. The development of this sphere takes place simultaneously with the development of society, that is, the desires and needs of people are determined in advance. This article discusses theoretical approaches to the innovative development of this field.

11/29/2024
  • PDF (Uzbek)
215-224 221 71
PRIORITY DIRECTIONS OF USING FOREIGN INVESTMENTS IN INCREASING INNOVATION ACTIVITY IN THE NATIONAL ECONOMY
Faxridddin Raximov

The role and importance of foreign investments in the development of the national economy and the increase in innovative activity are revealed in the article, the principles of investment attraction are considered and illuminated, and the role of investment in the country's export and import is also applied in the data analysis.

10/31/2024
  • PDF (Uzbek)
166-174 240 97
THEORETICAL FOUNDATIONS OF ECONOMETRIC RESEARCH INTO THE FOOD PRODUCTION PROCESS
Numonkhon Bahodirov

This article examines the stages of development of the food industry in our country, the role of food products in the national economy, their social and economic significance, as well as development prospects. The theoretical foundations of food industry development are explored through econometric analysis.

10/31/2024
  • PDF (Uzbek)
28-33 237 152
SUSTAINABLE ECONOMIC DEVELOPMENT AND IMPROVEMENT OF THE FINANCIAL POTENTIAL OF REGIONS
Baxodir Xasanov , Ravshanjon Ismoilov , G‘olibjon Akramov

For the sustainable and accelerated development of regions in Uzbekistan, it is advisable to introduce a unified system for assessing their comprehensive balanced development, the efficiency of resource utilization, economic, investment, and financial potential, to provide the necessary financial resources and opportunities for regional development, to further enhance the financial independence of local government bodies, and to further expand the scope of scientific research on developing and implementing strategies to ensure the completeness of local budget revenues.  This article covers the issues of sustainable development of regions both theoretically and practically.

03/28/2025
  • PDF (Uzbek)
232-251 196 111
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)
207-213 313 100
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