REGIONAL ECONOMIC DEVELOPMENT: TOP-DOWN AND BOTTOM-UP APPROACHES — THEORETICAL FOUNDATIONS AND PRACTICE
DOI:
https://doi.org/10.60078/2992-877X-2025-vol3-iss8-pp174-185Abstract
The article analyzes the theoretical foundations and practical aspects of top-down and bottom-up approaches in regional economic development, highlighting their advantages and disadvantages. Using international practices (World Bank, OECD, European Union) and reforms in Uzbekistan as examples, the paper demonstrates the interaction between these approaches. The author proposes measures to increase the efficiency of regional development through decentralization, support for local initiatives, and ensuring public participation
Keywords:
regional development top-down approach bottom-up approach local initiatives decentralization public participationReferences
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