Vol. 2 No. 4 (2024): Economic development and analysis

Vol. 2 No. 4 (2024): Economic development and analysis
Published: 04/30/2024

Full Issue

Articles

STRATEGIC ALLIANCE MODEL OF ORGANIZING JOINT BUSINESS BETWEEN ECONOMIC SUBJECTS
Olimjon Abdullayev

The article shows the model of joint business organization between economic entities and the basics of clustering processes. It is justified that clustering has a significant impact on the development of economic entities in the organization of business. Theoretical knowledge of joint business organization between economic entities is given.

12-16 118 83
ASSESSMENT OF THE EFFECTIVENESS OF PUBLIC ADMINISTRATION, CRITERIA AND INDICATORS
Temur Abdullayev

This article pays special attention to the performance of each manager and employee working in the civil service in Uzbekistan, and also emphasizes the need to organize the work of a civil servant based on these principles.

17-26 86 73
INNOVATIVE POTENTIAL OF THERMAL POWER INDUSTRY ENTERPRISES OF THE REPUBLIC OF UZBEKISTAN
Sevara Abduraxmanova

The article discusses the significant role of thermal power stations in Uzbekistan's energy sector, emphasizing the ongoing modernization efforts to increase efficiency and reduce environmental impact. It outlines various projects and investments aimed at upgrading existing facilities and installing new, energy-efficient units. The text highlights the economic and operational benefits of these initiatives, including reduced fuel consumption, increased production capacities, and enhanced technological capabilities. The article also details the financial investments and the expected outcomes of these projects in terms of capacity and sustainability improvements.

27-35 69 39
IMPROVEMENT OF LEGAL ASPECTS OF REGULATION INCOME TAX
Zarif Ahrorov

The article highlights the importance of taxation of enterprise profits, features of the formation of the tax base, the relationship between regulating the profit tax base in modern conditions, and directions for improving the legal regulation of income tax relations. It is also based on the need to assess the structure of legal documents regulating the profit of an enterprise, the nature of the income tax, not only from the point of view of periods, but also from a legal point of view.

36-41 71 48
PROBLEMS OF MANAGING THE EFFECTIVE USE OF WATER RESOURCES
Anvar Berdiyev

This article shows the problems of managing the effective use of Water Resources and ways to eliminate them. In particular, proposals have been developed for the re - distribution of water resources by time and time, ensuring environmental sustainability taking into account the requirements of ecological sustainability and optimally meeting the requirements of the sectors of the economy for water resources, delivering water resources with the quantity and quality needed, managing water resources-the natural distribution of Water Resources in time.

42-52 142 71
STATISTICAL ANALYSIS AND FORECASTING OF THE PROCESS OF PREPARATION OF SCIENTIFIC-LEVEL PERSONNEL
Shokhrukh Fazliddinov

The article considers an important issue of training personnel with a scientific degree and the possibilities in the field of using statistical analysis to forecast this process. The use of statistical analysis to study and forecast the processes of training personnel with a scientific degree allows to significantly improve the efficiency of managing this process, optimize training costs, and ensure more accurate planning of the need for scientific personnel. Using the information from this research, it is possible to develop a system for training personnel with a scientific degree and to increase their competitiveness in the labor market.

53-63 83 41
IMPACT OF IMPLEMENTING INTERNATIONAL FINANCIAL REPORTING STANDARDS IN JOINT STOCK COMPANIES ON THE NATIONAL ECONOMY
Nasiba Imamova

Today, two benchmarks - International Financial Reporting Standards - IFRS (International Financial Reporting Standards - IFRS) and the generally accepted accounting rules of the USA - BHUQ (Generally Accepted Accounting Principles - GAAP) are recognized as the standard of accounting. According to the analysis, there is almost no accountant in the world who is not aware of MHXS. Also, the number of countries that recognize international standards is increasing day by day. Also, the number of countries that recognize international standards is increasing day by day. It serves as an important tool in mutual cooperation between the countries of the world, including in the development of economic relations, especially in improving the investment environment. This article covers a number of aspects such as MHSS, international experience, and its use in the countries of the world.

64-70 111 78
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.

71-80 72 51
IMPROVING FINANCIAL CONDITION STRATEGY OF AN ENTERPRISE
Maxbuba Ismailova

The article discusses a strategy for improving the financial condition of the enterprise, proposes measures to improve the financial condition of the enterprise and the introduction of a management system analysis.

81-85 168 47
PURPOSE AND DUTIES OF SOCIAL FINANCIAL RELATIONS IN ISLAMIC ECONOMY
Uktam Jiyanov, Ugilshod Akhmedova

Today, Islamic social finance is developing not only in Muslim countries, but also in non-Muslim countries. Especially after the Covid-19 pandemic, it gained its important place. This article examines the essence of the concepts of social finance and Islamic social finance, and also highlights the goals and objectives of Islamic social finance, including reducing unemployment and poverty, helping to improve the socio-economic condition of disadvantaged groups, and implementing social justice in distribution. and growing the economy. The analyzes are summarized and general conclusions are given at the end of the article.

86-93 87 52
IMPLEMENTING SUSTAINABLE PRACTICES IN INDUSTRIAL ENTERPRISES: A PATHWAY TO ECONOMIC POTENTIAL GROWTH
Shakhnoza Kadirova

This paper explores the significant role of implementing sustainable practices in industrial enterprises as a pathway to reaching progress in economic potential. Sustainable practices encompass a wide scope of strategies concerned for eliminating environmental impact, maximizing resource utilization, and enhancing social responsibility within industrial operations. In the framework of theoretical evidence, this article examines how integrating sustainability into business strategies can lead to enhanced competitiveness, cost savings, and long-term value creation.

94-98 109 110
THE STATE OF ORGANIZATIONAL-ECONOMIC DEVELOPMENT OF PROVIDING ECONOMIC GROWTH AND IMPROVING THE QUALITY OF LIFE OF THE POPULATION IN THE REPUBLIC
Dilshod Kamilov, Hilola Jurayeva

The state of organizational and economic development of the regions to ensure economic growth and improve the quality of life of the population requires economic development depending on the specifics of each region, natural resources, demographic situation, administrative-territorial structure and potential. Each region differs primarily in terms of its capabilities, so its comprehensive and comprehensive assessment should focus on economic growth, sustainable economic development, competitiveness, job creation, demographic situation, social life and social infrastructure. recommendations on the need for

99-104 93 45
INCREASING THE ATTRACTIVENESS OF SPECIALIZED REGIONS TO DEVELOP THE FLOW OF INVESTMENTS TO THE COUNTRY
Dilshod Kamilov, Shakhnoza Shayzakova

Today, investments are the most necessary part of the economy in the development of the economy of each country. National and foreign investments in the country serve to rapidly grow the economy, ensure macroeconomic stability, reduce the level of unemployment, improve the lifestyle of the population, increase their income, and provide employment to the population. The article presents the essence of investments, the factors that attract them to the country, as well as opinions and comments aimed at increasing the attractiveness of investments in the regions. At the same time, in today's globalization period, every country of the world acquires important investment importance in improving its economic status, forming new production areas, creating job vacancies, effective use of natural mineral resources of the country and their processing. The biggest factor of economic development of any country is investment.

105-110 72 56
ANALYSES OF THE HONE OF OVERSEEING THE FRAMEWORK OF ARRANGEMENT OF FINANCIAL RESOURCES OF HIGHER EDUCATION INSTITUTIONS
Gulshat Karlibaeva

In Uzbekistan, many universities are making a lot of money from students' fees. Income from payment contracts is the main way Tashkent State University of Economics funds its activities. This means we need to make big changes to expand and diversify what we do. The study found that colleges and universities don't properly consider the important tasks needed for their growth when planning their finances. This situation needs better money planning in colleges and universities, using new methods that fit today's needs.

111-121 149 50
THE ECONOMIC CONTENT OF THE STANDARD OF LIVING OF THE POPULATION AND ITS MEASUREMENT INDICATORS
Saida Mamazhonova

The ultimate goal of the Government's economic policy is to improve the standard of living of the population. The standard of living of the population is a multifaceted and complex economic category. Based on this, this article reveals the economic content of the standard of living of the population and puts forward the author's approaches in this regard.

122-130 100 51
PRIORITY DIRECTIONS FOR THE DEVELOPMENT OF INNOVATION CLUSTERS IN THE COUNTRY
Sanobar Matkulieva, Saida Mamazhonova

The implementation of cluster strategies and the formation of territorial innovation networks have allowed the development of transnational interactions and the formation of interregional network structures. Based on this, this article reveals the economic content of using the potential of innovation clusters.

131-138 142 65
ECONOMETRIC ANALYSIS OF THE MAIN INDICATORS OF THE DEVELOPMENT OF TRADE SERVICES
Golibjon Makhmatkulov, Sarvarbek Sayfullayev, Asrorbek Bobomirzayev

The article examines the regional differentiation of factors influencing the development of trade services, and the internal connection of development trends with regional characteristics. Also, when forming a system of trend indicators, regional indicators should have the same sign as general indicators. It is based on the fact that priority factors can be assessed on the basis that signs of trends make it possible to study socio-economic, technical and technological patterns of development. The state of regional development of trade services was analyzed in certain dynamics by comparing indicators of territorial integrity and territory structure. The level of resource efficiency of the trade service network, changes in the foreign trade system, changes in population, socio-economic, technological changes in lifestyle, the level of innovativeness of the trade environment and the distribution of capital of trade enterprises reveal development. trends. were assessed as the main elements of influence.

139-149 97 54
ECONOMETRIC MODELING OF THE INCREASE OF THE LIVING STANDARD OF THE POPULATION ON THE BASIS OF THE NEIGHBORHOOD WORKING SYSTEM IN THE REGIONS
Fazliddin Muminov

The article analyzes the research results of foreign and domestic scientists on reducing poverty and improving the standard of living of the population. Analytical opinions about the created system for reducing poverty and future plans were put forward. Internal and external factors influencing the improvement of the standard of living of the world population and the reforms aimed at them, scientific researches on reducing poverty continue on a large scale. In particular, the optimal point of the consumption basket, the minimum living wage, the minimum consumption expenditure amount, and the development of criteria for determining the poverty and destitution thresholds, as well as comments on the scientific research works on the directions of private entrepreneurship for the population based on the neighborhood work system. In the literature analysis, normative documents issued on poverty reduction in our country are cited. Proposals and recommendations for the further development of the population's standard of living are presented based on the neighborhood work system.

150-158 82 59
THE VOCATIONAL TRAINING SYSTEM AND ITS IMPACT ON WOMEN'S EMPLOYMENT
Mukhtabar Nurmukhammedova

Ensuring the employment of women in society is one of the most important components of ensuring economic development, in connection with which this article discusses the role of vocational training in ensuring the employment of young people, in particular women.

159-170 75 35
ECONOMIC MECHANISMS OF TOURISM DEVELOPMENT: PROBLEMS AND PROSPECTS
Nurmuhammad Appaqkhanov

Tourism development is currently facing many problems due to the political and economic fluctuations that make this sector extremely unstable. All crises and recessions usually occur outside the control of tourism activities. One of the most important economic problems related to the tourism is the lack of investment and financial resources in this field. We should consider that tourism is one of the largest job-creating industries in the world, and its development can make a major contribution to the economy. The purpose of this article is to review the problems and opportunities in the field of tourism financing. For the purpose of the research, we have reviewed the current analysis and research on the main directions of financial support for tourism.

171-177 79 51
THEORETICAL AND METHODOLOGICAL FOUNDATIONS OF THE STUDY OF THE INNOVATION AND INVESTMENT POTENTIAL OF THE NATIONAL ECONOMY
Zafar Kudratov

In the following years, the world pays special attention to scientific research aimed at increasing the innovative potential, in particular, scientific and technical, investment, intellectual, infrastructural and qualified potential of the workforce, and their effective use. Based on this, this article reveals the possibilities of effective use of the innovation and investment potential of the national economy and puts forward the author's approaches in this direction.

178-183 116 47
ASSESSMENT OF SHORT-TERM AND LONG-TERM TRENDS IN SUSTAINABLE SOCIO-ECONOMIC DEVELOPMENT OF THE REGION
Alibek Rajabov

In this research work, autoregressive distribution lag (ARDL) models have been developed that assess the long-term and short-term influence of factors influencing the sustainable socio-economic development of the region on the volume of GRP per capita. Based on the developed models, the priority levels of factors were determined.

184-191 88 44
INCREASING ROLE OF THE NATURAL FACTOR IN SUSTAINABLE DEVELOPMENT
Zilola Rakhmatova

This article examines the escalating importance of natural factors in sustainable development, spotlighted by the adverse consequences of historical exploitative environmental practices. These practices have generated a colossal ecological and social debt, manifesting as severe environmental crises that undermine global stability. A paradigm shift towards sustainable development is imperative for fostering security, equality, and harmony between human societies and the biosphere. Sustainable development, though conceptually elusive, fundamentally aims to redefine the interaction between human civilization and the natural environment for enduring coexistence.

192-198 69 62
THE ROLE OF MODERN TECHNOLOGIES IN THE DIGITIZATION OF TOURISM
Tuyli Ravshanov

This article was examined the importance of digitization of the tourism sector in the world, the use of modern mobile devices for making tourist payments. Also, the role of the largest mobile payment service providers and mobile payment service providers in the field of modern tourism has been implemented.

199-204 67 64
FORMATION OF ECONOMETRIC SKILLS OF STUDENTS USING THE CASE STUDY METHOD
Mukhayyo Ravshanova

In this article, the concepts of developing econometric skills in students using the Case-study method. Econometric skills, particularly the use of the case study method in the analysis of correlation and regression equations, are presented as a method for developing econometric skills in students. Also in this article, the author focused on the selection of statistical data and determining the relationship between them.

205-210 75 59
THEORETICAL FOUNDATIONS FOR INCREASING PRODUCTION EFFICIENCY IN INDUSTRIAL SECTORS
Anvar Rakhimov, Nafisa Avazova

The article describes the fact that the efficiency of production in industrial sectors is one of the current topics, as well as the feedback of several foreign and domestic scientists aimed at increasing it. The work that should be carried out to improve the production efficiency of industrial enterprises is theoretically covered, and conclusions and proposals are made on this.

211-217 127 58
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.

218-223 81 70
PROSPECTS FOR THE DEVELOPMENT OF ACTIVITIES OF BUSINESS ENTITIES BASED ON SUSTAINABLE DEVELOPMENT RATING
Sherzod Salimov

In this article, we will look at how the state uses taxes to manage and regulate business activity, as well as how the “sustainability rating of business entities” affects various aspects of the business environment. Understanding the mechanisms of business regulation through taxes will help to better understand the importance of tax policy in economic development and improving the business climate.

224-232 79 46
INTERNATIONAL STANDARDS OF FINANCIAL SUPPORT TO THE POPULATION IN NEED OF SOCIAL PROTECTION
Dilshod Sholdarov

The article presents an analysis of international standards of financial support for people in need of social protection, focusing on the main principles of the social protection system around the world, international standards, best practices, problems and opportunities for improvement. Drawing on human rights principles, including the right to social security and the right to an adequate standard of living, the study examines the diversity of approaches to financial support across countries, targeting, and eligibility criteria and makes recommendations for strengthening mechanisms for financial support for vulnerable populations.

233-239 80 52
ANALYSIS OF THE EFFECTIVENESS OF FACTORS AFFECTING THE TAX POTENTIAL OF REGIONS
Gulmira Turdikulova

This article analyzes macroeconomic indicators affecting the tax potential of regions. The system of budget-tax policy measures to increase the tax potential of the regions, the ability of the regions to pay taxes, the relations that take place in the process of their increase and tax collection are explained on the basis of foreign experience. Factors affecting the tax potential of regions in the formation of local budget revenues were analyzed by dividing them into groups.

240-244 92 51
SOUVENIRS, PRODUCT TYPES AND CONSUMPTION PURPOSES IN THE FIELD OF TOURISM
Mahliyo Umarova

In this article, the equal importance of its main segments in the development of tourism and increasing its effectiveness is highlighted, and the importance of the direction that has been relatively neglected is touched upon. As such direction, retail (souvenir) shops were taken as a research object and thoroughly studied. In particular, factors directly and indirectly affecting it and their types were studied. In addition, it was considered as a key segment in the development of the tourism sector, and its importance was studied. The regional variety and uniqueness of souvenirs was studied, and it was studied that they originate from the uniqueness of each local settlement. In the conclusion and suggestions part of the article, the conclusion and several suggestions of the writer based on his own thoughts for the perspective of retail (souvenir) shops are given.

245-250 79 45
THE ROLE OF INNOVATIVE MARKETING STRATEGIES IN INCREASING THE EXPORT POTENTIAL OF ENTERPRISES
Diyora Usmanova

In this article, the methods and directions of increasing export capacity in enterprises for the development of enterprises, the importance and necessity of applying innovative marketing strategies in increasing export capacity are shown in the examples. The problems related to the topic were identified and conclusions and suggestions were made in the appropriate way for them.

251-258 378 86
ANALYSIS OF THE METHOD AND SPECIFIC CHARACTERISTICS OF DETERMINING THE INDIRECT TAX BASE IN THE TAX SYSTEM OF UZBEKISTAN
Sadokat Khalikchaeva

In this article, the procedure for determining the base of excise and value-added tax, which are the indirect taxes in the tax system of the Republic of Uzbekistan, its mechanism of action, features, as well as the impact of current tax policy processes on this tax base, is considered. developed. In particular, the factors affecting the base of indirect taxes have been specially discussed in the research process.

259-268 61 51
THE IMPORTANCE OF ORGANIZING AN EXCURSION SERVICE IN UZBEKISTAN
Nargiza Khasanova, Nodira Khalilova

This article provides information about the relevance of organizing an excursion service in the tourism industry. Because tourism has developed and is currently developing, the development of excursion services is of great importance for any tourist area. By organizing an excursion service, it encourages the sustainable development of tourism in the region, if potential customers have sufficient information about the tourist area. Therefore, the excursion service is currently considered one of the main types of services in the organization of tourism.

269-273 77 46
REFORMS IN THE FIELD OF HOUSING STOCK MANAGEMENT IN UZBEKISTAN
Rakhmatilla Kholmuradov

In this scientific article, on the basis of the formation of a technological chain in which the cooperation of all organizations in the field of Housing and communal services is harmonized, further improvement of the system of use of the housing stock, creation of an effective system of technical control over compliance with the requirements for the maintenance of multi-apartment houses, as well as: implementation of unified public policy and inter-sectoral coordination in the field of Housing and communal services; implementation of customer functions for the construction of heat supply facilities, Organization of demolition of old and accident housing; monitoring the technical condition of multi-apartment houses, including the development of proposals for the organization of excellent and current repair work of a multi-apartment

274-282 49 31
THEORETICAL AND PRACTICAL RESEARCH ON CHINA'S RESPONSE TO POPULATION AGING IN THE NEW ERA
Zhe Zhang

Population aging is an important trend of social development. At present, China is in the largest aging process in history, catching up with or even surpassing the aging speed of Western countries in the rapid evolution, with many pressures and challenges under the complex internal and external environment. China has put forward a series of new theories, new ideas and new strategies on the work of aging, forming a theoretical system with rich connotation, complete system and strict logic, which guides the practice of the Chinese government to deal with population aging. This paper deeply analyzes the relevant theoretical basis, analyzes the current situation, characteristics and causes of China's aging, and summarizes the practice of China's innovative response to aging since 2010, in order to provide valuable experience for the rest of the world to deal with aging.

283-294 95 68
THE IMPORTANCE OF INTERNAL AUDIT IN THE CORPORATE GOVERNANCE SYSTEM OF JOINT-STOCK COMPANIES
Nargiza Abdieva

The article highlights the importance of internal audit in the corporate governance of joint-stock companies. The measures taken in the Republic of Uzbekistan to radically improve the efficiency of joint-stock companies and the introduction of modern corporate governance methods have been scientifically studied. A scientific interpretation of the concept of "corporate governance" is presented, as well as an effective corporate governance structure.

295-303 73 45
THEORETICAL PRINCIPLES OF APPLYING PROJECT MANAGEMENT IN INNOVATION ACTIVITIES
Bekzod Abdukakhorov

This article describes the large-scale socio-economic changes and reforms implemented in the innovative economy, which require the improvement of the activities of enterprises based on modern mechanisms. Also, in the conditions of the innovative economy, it is important to develop economic policies and strategies and to provide these changes with a new method, a new technique - technology. In this regard, the term "innovation", stages of its emergence and classification were considered. Today, the importance of innovations in the sustainable development of the economy, its impact on the world economy is studied.

304-308 99 44
INSURANCE MARKET: CURRENT STATE AND DEVELOPMENT TRENDS
Ilyos Abdurakhmonov

The article highlights the role of the insurance market in the economy, its current state and development trends, as well as factors, problems and ways to solve them that have a negative impact on the development of the insurance market.

309-319 94 50
THE IMPORTANCE OF MARKETING IN THE DEVELOPMENT OF THE TEXTILE INDUSTRY IN UZBEKISTAN: A STRATEGY FOR GROWTH AND STABILITY
Lola Azimova

This article explores various strategies for increasing competitiveness in the Uzbek textile industry in the face of emerging market dynamics and global challenges. The paper examines challenges such as changing market demand, exchange rate volatility, technological obsolescence, infrastructure constraints, and regulatory constraints, while highlighting opportunities for export diversification, value-added product development, sustainability, digitization, and investment partnerships. The authors comprehensively analyze the problems and opportunities of the industry and provide valuable ideas and practical recommendations for Uzbek textile companies seeking to increase their competitiveness and achieve sustainable growth in the world market.

320-328 61 47
INNOVATIVE TECHNOLOGIES IN THE HOSPITALITY INDUSTRY: PROSPECTS AND IMPLEMENTATION IN UZBEKISTAN
Laylo Bekmuradova

The development of information technology and growing competition in the hotel services market necessitate the active use of innovation in the activities of modern hotels. Innovation is now considered one of the important competitive advantages in the hospitality industry. Innovation in the hospitality industry can be defined as an innovation implemented in practice in the form of a new or improved product, process or method, created as a result of the introduction of new ideas and knowledge to better meet the needs of customers of the hotel enterprise. Hospitality technology innovation refers to new and improved methods and tools used in the hospitality industry to improve efficiency, convenience, and customer satisfaction

329-340 417 73
IMPROVING ACCOUNTING FOR BIOLOGICAL ASSETS WITHOUT THE POSSIBILITY OF DETERMINING FAIR VALUE
Аbror Boltaev

This article considers the issues of improving the accounting of biological assets, which fair value cannot be determined. In particular, the procedure for the initial recognition of biological assets, which fair value cannot be determined, their reflection in accounting and financial statements, as well as theprocedure for specifying data. Relevant conclusions have been formulated.

341-351 70 36
THE IMPORTANCE OF ROAD INFRASTRUCTURE DEVELOPMENT IN THE SECTOR OF TOURISM
Dilshoda Gafurova, Nilufar Dzhumaeva

This article analyzes the relationship between the tourism sector and the development of road infrastructure in Uzbekistan. The article also examines ongoing reforms in the development of road infrastructure. Proposals and recommendations were developed to improve road infrastructure

352-358 53 24
DIRECTIONS FOR EFFECTIVE ORGANIZATION OF INNOVATIVE PROCESSES IN ENTERPRISES
Umida Gafurova

The article examines the directions of the country's innovation activity and the effective organization of innovation processes at enterprises. In addition, suggestions and recommendations are given to accelerate innovative development in the Republic of Uzbekistan, the widespread introduction of innovations and technologies in all sectors of the economy, the development of human capital, science and innovation

359-367 48 37
IMPROVING TAX ADMINISTRATION IN THE REPUBLIC OF UZBEKISTAN
Shuhrat Jumayev

In this article, the state of problems in the payment of taxes by taxpayers in the Republic of Uzbekistan is analyzed, and based on these analyzes, suggestions and recommendations have been developed to further improve the service system for taxpayers, to eliminate problems in the implementation of tax obligations by taxpayers

368-374 89 46
DIRECTIONS FOR DEVELOPMENT OF THE INSURANCE SECTOR IN AN INNOVATIVE ECONOMY
Umid Imomov

The article discusses the economic and theoretical foundations for the development of the insurance industry in an innovative economy. It outlines the areas of application of innovations in the insurance sector, the problems that hinder the activities of insurance companies in this direction, as well as areas of measures that need to be taken in the near future.

375-382 49 42
HISTORICAL DEVELOPMENT EVOLUTION OF VALUE ADDED TAX IN UZBEKISTAN
Abdumalik Irmatov

This article is devoted to the historical development and evolution of the value added tax in Uzbekistan, considering the historical period from its introduction to the present day. Also, scientific studies were conducted on the reasons for the emergence of value added tax in Uzbekistan and its impact on the economy, and conclusions and recommendations were formed at the end of the topic

383-391 53 29
IMPROVEMENT OF TARGETED STIMULATION OF BUSINESS ENTITIES IN THE ECONOMIC SECTORS OF UZBEKISTAN
Asliddin Isaev

The article covers the issues of improving the targeted stimulation of business entities in the industries of our country, and the researches of economists are studied within the framework of the topic. Tax incentives aimed at the development of digital innovations and entrepreneurship in Uzbekistan were considered. At the end of the research work, the author formulated conclusions and proposals.

392-402 51 41
ISSUES OF EXPANDING THE TAX BASE IN THE CASE OF ORGANIZING SURVEY WORK BY A SUBSOIL USER
Abror Kamilov

This article discusses issues of expanding the tax base, issues of effective use, improving mechanisms for their identification, as well as eliminating violations when tax authorities use tax administration tools, and timely disclosure of tax evasion schemes. Scientific and practical conclusions and proposals for further optimization of tax administration and elimination of contradictions in regulatory documents have been developed

403-411 66 40
MAIN PROBLEMS AND SHORTCOMINGS IN IMPROVING TAX ADMINISTRATION
Botir Mukimov

This article discusses large-scale reforms aimed at creating favourable conditions for doing business in the country's tax sphere, further strengthening the confidence of the business community. In addition, Uzbekistan has recognised the importance of reforming its tax system as a country with a growing economy and a desire to attract domestic and foreign investment. At the same time, some important reforms implemented in the tax system of Uzbekistan were studied, foreign experience, scientific and practical conclusions and proposals for its application in our country were developed.

412-421 47 35
ISSUES OF TAXATION OF MEDIUM BUSINESS ENTITIES
Bobur Muradbekov

The article reveals the concept of medium-sized business in Uzbekistan and some foreign countries, international experiences, norms and mechanisms of taxation of medium-sized business entities.

422-429 75 39
ANALYSIS OF REGIONAL AND BRANCH STRUCTURE OF THE ECONOMY OF UZBEKISTAN
Bakhtiyor Mustafaev

The article is devoted to the analysis of the regional and branch structure of the economy of Uzbekistan. Based on the analyzes carried out within the framework of this research work, it is proposed to attract foreign and domestic investors through the in-depth analysis of strategic planning tools and potential raw materials based on industrial production data and regional opportunities.

430-439 64 33
ISSUES OF TAXATION OF ENTERPRISES WITH FOREIGN INVESTMENTS
Abdunabi Niyazov

The article highlights the special role of enterprises and joint ventures with foreign investments in the economy of our country. Also, several specific features of taxation of the activities of enterprises and joint ventures with participation of foreign investments are analyzed

440-446 58 55
THE IMPORTANCE OF LARGE TAXPAYERS IN THE FORMATION OF THE STATE BUDGET AND IMPROVING THE CRITERIA FOR THEIR DETERMINATION
Firuza Norbaeva

This article is devoted to the analysis of the importance of large tax-paying enterprises in the formation of the Republican budget and the share of taxes paid by them in the formation of the total budget revenues. Also, the article highlights the issues of improving the tax administration in large enterprises, as well as the criteria for identifying large taxpayers. The article draws conclusions based on comparative analysis of the effectiveness of the interregional tax inspection on established large taxpayers, deficiencies in the tax administration of legal entities and the reasons for their occurrence, and sheds light on the recommendations for practical problems, taking a model from foreign experiences

447-456 64 42
THE ROLE AND IMPORTANCE OF THE INTERTERRITORIAL TAX INSPECTION IN IMPROVING TAX POLICY IN UZBEKISTAN
Umid Normurzaev

This article describes the role and importance of the interregional tax inspectorate in improving large-scale reforms aimed at creating favorable conditions for doing business in the tax sphere in the country and further strengthening the confidence of the business community. At the same time, some important reforms implemented by the interregional tax inspectorate in the tax system of Uzbekistan were studied, and scientific and practical conclusions and proposals were developed based on foreign experience and its application in our country

457-467 57 37
ISSUES OF COMPETITION AND ORGANIZATION OF COMPETITION IN SMALL BUSINESSES AND PRIVATE ENTERPRISES
Shuhratjon Onorboev

Small business and private entrepreneurship is the largest sector of our country's economy, and the stable and modern development of this sector determines the employment and well-being of the population, the saturation of the markets with quality goods and services, the formation of fair price levels, and the pace of development of the country's economy. There are a number of factors that determine the effective activity of small businesses and entrepreneurial enterprises, and the role of competition in these factors is of particular importance. The effective organization of competitive activities ensures the advantage of the enterprise in the competition, creates conditions for successful operation in the market. Therefore, today, it is important to study problems such as the absence of competition in the activities of small enterprises, its specific features, and to develop certain proposals and recommendations for effective organization. In this article, an attempt was made to highlight some aspects of the manifestation of competition and its characteristics in the activities of small enterprises.

468-478 75 43
IMPROVEMENT OF ACCOUNTING OF DIVIDENDS IN JOINT-STOCK COMPANIES
Ergashjon Ortikov

The article is based on the fact that the distribution of profits of joint-stock companies and the improvement of the calculation of dividends paid to shareholders is an urgent issue. Based on the analysis of the data obtained from the practice, the accounting of profit distribution and dividend payments is covered

479-484 48 41
IMPROVING THE ACCOUNT OF DISCOUNTS IN TRADE ENTERPRISES
Khudoyberdi Pulatov

This article describes the development of the methodology of accounting for sales discounts based on the requirements of the present time and the correct interpretation of the problems in accounting and reports.

485-491 78 38
LINEAR REGRESSION WITH DATA MISSING NOT AT RANDOM: BOOTSTRAP APPROACH
Zarrukh Rakhimov, Nilufar Rahimova

OLS regressions have a set of assumption in order to have its point and interval estimates to be unbiased and efficient. Data missing not at random (MNAR) can pose serious estimations issues in the linear regression. In this study we evaluate the performance of OLS confidence interval estimates with MNAR data. We also suggest bootstrapping as a remedy for such data cases and compare the traditional confidence intervals against bootstrap ones. As we need to know the true parameters, we carry out a simulations study. Research results indicate that both approaches show similar results having similar intervals size. Given that bootstrap required a lot of computations, traditional methods is still recommended to be used even in case of MNAR

492-502 93 91
WORLD TRENDS AND COMPARATIVE ASSESSMENT OF URBANIZATION POLICIES IN FOREIGN COUNTRIES
Yulduz Salimova

The article proves the presence of the following well-known global trends in the development of the urbanization process: a steady increase in the urban population in almost all countries; the staged nature of the urbanization process (the passage of pre-industrial, industrial and post-industrial stages); the growth of the number of megacities in the world; differences in the course of urbanization processes in developed and developing countries; dependence of the level of urbanization on the level of economic development of the country. Based on a comparative analysis of foreign urbanization practices, existing world models of urbanization and the tools used (Belarus, Ghana, Kazakhstan, Republic of Korea, China, Poland, Russia, Tanzania, Turkey, Japan) are systematized. Based on the achieved effects, the need to consider urban policy in the aspect of integrated regional development in developing countries, including the Republic of Uzbekistan, is justified.

503-517 83 39
THE ROLE AND IMPORTANCE OF THE RETAIL BUSINESS OF A COMMERCIAL BANK
Sardorbek Sultonmurodov

This article examines the concept and essence of retail business, retail lending and retail customer service, the role and importance of the implementation of social packages of services in the development of the country's economy, the donation of local and international financial institutions and foreign banks in the formation of banking resources. Moreover, the role and importance of the development of lending to retail customers, which is significant for a commercial bank, are considered. The perspective of the development of retail banking lending and its role in the development of the country's economy is considered. Suggestions and recommendations for improving retail lending are given

518-525 61 36
DIRECTIONS FOR IMPROVING REFORMS TO REDUCE INCOME INEQUALITY
Sirojiddin Sultonov

It is aimed at improving the social stratification of the population and their standard of living, reducing inequality. In addition, solving the issues of distribution and redistribution of the population's income will ensure a comfortable standard of living not only for the needy. In a certain sense, the provision of employment in the informal sector is aimed at protecting the social rights of employees. Establishing progressive tax rates on the incomes of individuals in order to reduce the level of income stratification of the population in our country. Entrepreneurship is aimed at creating new jobs and increasing income

526-532 79 33
WAYS TO IMPROVE QUALITY OF LIFE IN THE ERA OF INNOVATION TRANSFORMATIONS
Diyora Tadjieva

The article examines the issue of improving the quality of life as one of the major challenges facing society. It explores key factors influencing the improvement of living standards and the ways to achieve this goal. The article analyzes economic growth and stability, education and access to knowledge, healthcare and social protection, infrastructure and living conditions, technological advancements, and sustainable environmental policies as important factors in enhancing the quality of life. The author emphasizes the importance of developing and implementing new technologies in the fields of medicine and healthcare, industry, infrastructure, and education. It highlights that innovations in these areas have the potential to significantly improve the quality of life and expand opportunities for individuals. However, the author also notes the need for appropriate investments, legal support, and collaboration among various stakeholders for the successful implementation of innovative projects. The article provides an overview of possible development paths that can contribute to improving the quality of life in the modern era of innovation transformations.

533-539 70 38
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

540-545 58 37
THEORETICAL FOUNDATIONS OF TAX ANALYSIS METHODOLOGY
Gulnoza Tursunova

This research paper provides an overview of existing methods used in tax analysis, including economic models, empirical methods, comparative studies, and tax compliance studies. By exploring the strengths, limitations, and applications of this methodology, this study contributes to a deeper understanding of the complex relationship between taxes and economic performance.

546-554 54 44
IMPORTANCE AND FEATURES OF COST ACCOUNTING IN ENTERPRISE MANAGEMENT
Iroda Urmanbekova

Increasing the competitiveness of products by reducing costs is today considered an important task in our economy. Therefore, the study of theoretical, methodological and practical aspects of cost accounting in enterprise management as a special, independent object of research is relevant and has scientific and practical significance. This article reveals the content and importance of production costs in enterprise management, as well as their features and objectives.

555-562 59 37
TRANSFORMING THE INSURANCE INDUSTRY IN THE DIGITAL ECONOMY
Niginahon Khaidarova

The insurance industry in the digital economy is considered, new trends in insurance are identified, and issues of providing insurance products and the use of new technologies in the field of insurance are studied

563-569 61 38
FACTORS AFFECTING TARIFF RATES FOR INVESTMENT RISK INSURANCE
Maftuna Hakimzada

The article analyzes the factors influencing tariff rates for insurance of investment risks, including the influence of the franchise, as well as the types of franchise and its impact on the amount of tariff rates.

570-578 52 35
METHODOLOGY FOR ORGANIZING INTERNAL AUDIT IN NON- STATE NON-PROFIT ORGANIZATIONS
Mekhriddin Khojiyev

This article examines the problematic aspects of organizing and conducting internal audit in non-state non-profit organizations (NGOs), the purpose and objectives of internal audit, the stages of internal audit in the activities of NGOs and identifies solutions for meeting the requirements for it. Recommendations were also given to eliminate shortcomings and errors identified during the internal audit of NGOs. As a result, the composition of the internal audit report and the methodology for its preparation were proposed to the supervisory board based on the results of the internal audit in the NGO

579-591 62 33
DISTINCTIVE FEATURES OF TAKING INTO ACCOUNT OBJECTIVE FACTORS THAT, FROM A LEGAL POINT OF VIEW, LEAD TO A DECREASE IN THE PROFIT OF THE ENTERPRISE
Amir Khudaykulov

In this article, the features of accounting for objective factors leading to a legal decrease in profits of enterprises in Uzbekistan are analyzed analytically in accounting entries, using the example of issuing an advance report and bringing the excess part of excess daily food expenses to an increase in costs and a decrease in profits of enterprises

592-598 59 44
THE ROLE OF INSTITUTIONAL MECHANISMS TO PROMOTE POVERTY REDUCTION AND REDUCE POVERTY RATES IN UZBEKISTAN
Jamshid Khudoyberdiev

In the development of a country, the lack of the minimum daily necessary supply to each person can pose a risk of poverty, no less than other risks for the development of modern world States. After all, at the same time, the foundations of the present and tomorrow, sustainable development of the individual, society and the state are embodied

599-605 61 41
FOREIGN EXPERIENCE OF NETWORK CLUSTER SYSTEM FORMATION AND POSSIBILITIES OF THEIR USE IN UZBEKISTAN
Mamarasul Khudoykulov

In this research work, it is aimed to study the foreign experience in the formation of network cluster systems and evaluate the possibilities of their application in Uzbekistan. This study is capable of providing valuable insights not only for academic research but also for practice in Uzbekistan by studying successful examples of cluster development in different countries and analyzing the factors contributing to their effectiveness

606-616 48 25
THEORETICAL VIEWS ON THE DIGITAL ECONOMY AND DIGITAL TRANSFORMATION
Ulugbek KHusanov

This article highlights the relevance of the digital economy in our days, the digital transformation of economic sectors. Thus, this article explores a relatively new emerging field of research in the field of digitization

617-622 171 45
EXPERIENCE OF FOREIGN COUNTRIES IN ORGANIZING MARKETING ACTIVITIES IN THE MARKET OF VEGETABLE PRODUCTS
Ikhtiyor Sharipov

In this article, the experience of foreign countries in organizing marketing activities in the market of vegetable products is studied. Directions for using the marketing strategy in the market of vegetable products are based

623-630 47 29
IMPLEMENTATION OF THE BASEL REQUIREMENTS TO STRENGTHEN THE FINANCIAL STABILITY OF BANKS
Nilufar Sharipova

The article discusses the recommendations of the International Basel Committee on regulation and control of the banking system and related requirements. The activity of the country's banking system is analyzed according to international standards and the relevant conclusions are given.

631-636 50 34
TAX EXPENSES AS A COMPONENT OF ENTERPRISE EXPENSES
Azamat Shodiev

Tax costs are a significant part of business costs, affecting profitability, cash flow, competitiveness and compliance. Despite their importance, tax costs are often overlooked in business decision-making. This article examines the important role of tax expenditures as a component of enterprise costs, examining their impact on financial results, risk management, and strategic planning.

637-645 62 31
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

646-653 58 35
DEFINITION AND PRINCIPLES OF FINANCIAL RESULTS ACCORDING TO INTERNATIONAL STANDARDS
Farizabonu Yusupova

This article mentions current issues regarding the transfer of financial results accounting to international standards. Definitions given to financial results by foreign and domestic scientists have been critically studied. In the research work, an improved author's definition of financial results was developed. In the definition provided by the author, it is taken into account that profit or loss occurs as a result of the formation of financial results in accordance with international standards, the comparison of income and expenses based on the principle of compatibility, profit increases private capital, and loss is a factor that decreases private capital. The sequence of implementation of the principles of accrual, realization, compliance and economic benefit is recommended.

654-662 48 53