DIRECTIONS OF DEVELOPMENT OF COMPETITION AND COMPETITIVE ENVIRONMENT IN THE FINANCIAL SERVICES MARKETS OF UZBEKISTAN

Authors

Abstract

The problem of banking monopoly in the financial services markets is an important issue facing the economy of Uzbekistan. This problem is exacerbated by the problems of state participation in the formation of the capital of commercial banks, the lack of inter-industry competition between the securities market, etc. This article discusses some areas of work to overcome monopolism, provide conditions for the formation and development of fair competition in the financial services markets of Uzbekistan.

Keywords:

competition financial service competition policy antimonopoly regulation financial market

References

Allen, Franklin, and Douglas Gale (2004). "Competition and financial stability." Journal of money, credit and banking: 453-480.

Fiordelisi, Franco, and Davide Salvatore Mare (2014). "Competition and financial stability in European cooperative banks". Journal of international money and finance 45: 1-16.

Owen, A.L., & Pereira, J.M. (2018). Bank concentration, competition, and financial inclusion. Review of development finance, 8 (1), 1-17.

Saif-Alyousfi, A. Y., Saha, A., & Md-Rus, R. (2020). The impact of bank competition and concentration on bank risk-taking behavior and stability: Evidence from GCC countries. The North American Journal of Economics and Finance, 51, 100867. Vives, Xavier. (2010) "Competition and stability in banking".

Абдулазизова, Ў. (2023). ПРОБЛЕМЫ ФОРМИРОВАНИЯ КОНКУРЕНТНОГО РЫНКА ФИНАНСОВЫХ УСЛУГ УЗБЕКИСТАНА. Iqtisodiyot va taʼlim, 24(3), 12-21.

Постановление, (2017). Постановление Президента Республики Узбекистан «О мерах по дальнейшему развитию и повышению устойчивости банковской системы республики» от 12.09.2017 г. № ПП–3270

Указ (2020) Президента Республики Узбекистан от 12.05.2020 г. №УП-5992 «О Стратегии реформирования банковской системы Республики Узбекистан на 2020-2025 годы»

Усманов, А., & Абдулазизова, У. (2022). Причинно-следственные связи некоторых макроэкономических показателей. Экономика и образование, 23(6), 17–22. извлечено от https://cedr.tsue.uz/index.php/journal/article/view/805

Усманов, А.С. (2019). СОВРЕМЕННЫЕ ФОРМЫ И МЕТОДЫ АНТИМОНОПОЛЬНОГО РЕГУЛИРОВАНИЯ ФИНАНСОВЫХ РЫНКОВ НА ПРИМЕРЕ УЗБЕКИСТАНА. In ТРЕНДЫ РАЗВИТИЯ СОВРЕМЕННОГО ОБЩЕСТВА: УПРАВЛЕНЧЕСКИЕ, ПРАВОВЫЕ, ЭКОНОМИЧЕСКИЕ И СОЦИАЛЬНЫЕ АСПЕКТЫ (pp. 375-381).

Downloads

Published

How to Cite

DIRECTIONS OF DEVELOPMENT OF COMPETITION AND COMPETITIVE ENVIRONMENT IN THE FINANCIAL SERVICES MARKETS OF UZBEKISTAN. (2023). Economic Development and Analysis, 1(3), 93-99. https://doi.org/10.60078/2992-877X-2023-vol1-iss3-pp93-99