QUALITATIVE ECONOMIC GROWTH IS AN IMPORTANT INDICATOR OF UZBEKISTAN'S ECONOMIC DEVELOPMENT
DOI:
https://doi.org/10.60078/2992-877X-2025-vol3-iss12-pp214-222Abstract
This article examines the concept of qualitative economic growth and its role as a central indicator of Uzbekistan's economic development. In contrast to traditional measures focused solely on GDP growth, qualitative economic growth emphasizes sustainable development, structural diversification, productivity growth, income equality, and social well-being. The study analyzes Uzbekistan's economic trajectory over the past decade, focusing on improvements in industrial production, investments in human capital, technology adoption, and institutional reforms. Using qualitative and quantitative data, the article assesses how macroeconomic stability, structural reforms, and regional development initiatives contribute not only to the volume but also to the quality of growth. The article concludes with recommendations for improving the quality of growth, including diversifying the economy, developing high-value industries, strengthening social protection, and improving governance efficiency.
Keywords:
quality economic growth economic development sustainable development GDP and quality indicators inclusive growth social welfare macroeconomic stabilityReferences
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