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All Journal EJCBLT IJEIRC IJBLPS Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations International Journal of Business, Law and Political Science
Norimov, Islomiddin
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Economics, Econometrics & Finance Environmental Science Law, Crime, Criminology & Criminal Justice Library & Information Science Social Sciences

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THE ROLE OF FREE ECONOMIC ZONES IN THE ECONOMIC GROWTH OF UZBEKISTAN A CASE STUDY OF THE SOUTH KOREAN EXPERIENCE Norimov, Islomiddin
Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations Vol. 1 No. 7 (2024): Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and L
Publisher : PT ANTIS International Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ejcblt.v1i7.861

Abstract

In the era of the globalizing world, when states are becoming more and more dependent on each other, Uzbekistan, which continues the transition to the principles of a market economy, has also entered this path. One of the main conditions for ensuring stable economic growth in individual territories is an increase in investment activity based on the widespread involvement of domestic and foreign investors. To accomplish this task and an intensive transition to the principles of an open market economy, there is a need to create free economic zones (FEZ). There are already 23 free economic zones in Uzbekistan, 21 of which specialize in industry, 2 in agriculture, where industrial goods are produced for the domestic market and for export. However, the study revealed that there are several problems in the free economic zones in Uzbekistan that need to be addressed. To verify these objectives correlation, and regression analysis conducted. The analysis revealed that out of six factors, the two factors of FEZ export and FEZ investment are the major factors that directly impacted economic growth
DEVELOPING THE SAMARKAND REGION URBANIZATION, INFRASTRUCTURE, AND MODERNIZATION Norimov, Islomiddin
International Journal of Economic Integration and Regional Competitiveness Vol. 1 No. 7 (2024): International Journal of Economic Integration and Regional Competitiveness
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijeirc.v1i7.160

Abstract

Background: Samarkand, a historic Silk Road city known for landmarks like the Registan and Gur-e-Amir, faces significant urban challenges due to rising tourism and population growth. Knowledge Gap: There is a lack of integrated strategies for modernizing urban infrastructure while preserving historical sites. Aims: This study explores urbanization trends, infrastructure needs, and housing solutions in Samarkand, proposing a comprehensive development plan. Results: Key findings highlight the need for improved public transport, road maintenance, and water supply, alongside affordable housing and strategic urban expansion. Novelty: The study suggests a development model inspired by Sejong City, incorporating advanced planning, sustainability, and smart technologies. Implications: The proposed strategies aim to enhance Samarkand’s urban functionality and appeal, ensuring its growth aligns with both modern needs and historical preservation.
FOREIGN DIRECT INVESTMENT (FDI) AND EXPORT GROWTH CATALYSTS FOR ECONOMIC ADVANCEMENT IN UZBEKISTAN Norimov, Islomiddin
International Journal of Business, Law and Political Science Vol. 1 No. 6 (2024): International Journal of Business, Law and Political Science
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijblps.v1i6.163

Abstract

Foreign Direct Investment (FDI) and export growth are pivotal drivers of economic development, often serving as primary catalysts for economic advancement in emerging economies. In Uzbekistan, both FDI and exports play crucial roles in shaping the economic landscape, yet their interrelationship and impact on overall economic progress remain underexplored. Despite significant investments and export activities, there is limited empirical research evaluating how FDI and export growth specifically contribute to Uzbekistan's economic advancement and their combined effect on macroeconomic stability. This study aims to analyze the contributions of FDI and export growth to economic advancement in Uzbekistan, identifying the mechanisms through which these factors drive economic progress. The findings reveal that both FDI and export growth substantially contribute to economic advancement in Uzbekistan. Specifically, FDI has been instrumental in boosting industrial capacity and infrastructure, while export growth has enhanced the country's global trade integration and revenue streams. This research provides novel insights by highlighting the synergistic effects of FDI and export growth, demonstrating how their combined impact fosters economic stability and development in Uzbekistan. The results suggest that policy measures should focus on further integrating FDI and export strategies to maximize their economic benefits. Policymakers are encouraged to create an environment that attracts foreign investment while simultaneously promoting export competitiveness. Future research could explore sector-specific impacts and the long-term sustainability of these growth drivers in Uzbekistan's evolving economic context.
THE ROLE OF FREE ECONOMIC ZONES IN THE ECONOMIC GROWTH OF UZBEKISTAN A CASE STUDY OF THE SOUTH KOREAN EXPERIENCE Norimov, Islomiddin
Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations Vol. 1 No. 7 (2024): Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and L
Publisher : Antis Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ejcblt.v1i7.861

Abstract

In the era of the globalizing world, when states are becoming more and more dependent on each other, Uzbekistan, which continues the transition to the principles of a market economy, has also entered this path. One of the main conditions for ensuring stable economic growth in individual territories is an increase in investment activity based on the widespread involvement of domestic and foreign investors. To accomplish this task and an intensive transition to the principles of an open market economy, there is a need to create free economic zones (FEZ). There are already 23 free economic zones in Uzbekistan, 21 of which specialize in industry, 2 in agriculture, where industrial goods are produced for the domestic market and for export. However, the study revealed that there are several problems in the free economic zones in Uzbekistan that need to be addressed. To verify these objectives correlation, and regression analysis conducted. The analysis revealed that out of six factors, the two factors of FEZ export and FEZ investment are the major factors that directly impacted economic growth
FOREIGN DIRECT INVESTMENT (FDI) AND EXPORT GROWTH CATALYSTS FOR ECONOMIC ADVANCEMENT IN UZBEKISTAN Norimov, Islomiddin
International Journal of Business, Law and Political Science Vol. 1 No. 6 (2024): International Journal of Business, Law and Political Science
Publisher : PT. Antis International Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijblps.v1i6.163

Abstract

Foreign Direct Investment (FDI) and export growth are pivotal drivers of economic development, often serving as primary catalysts for economic advancement in emerging economies. In Uzbekistan, both FDI and exports play crucial roles in shaping the economic landscape, yet their interrelationship and impact on overall economic progress remain underexplored. Despite significant investments and export activities, there is limited empirical research evaluating how FDI and export growth specifically contribute to Uzbekistan's economic advancement and their combined effect on macroeconomic stability. This study aims to analyze the contributions of FDI and export growth to economic advancement in Uzbekistan, identifying the mechanisms through which these factors drive economic progress. The findings reveal that both FDI and export growth substantially contribute to economic advancement in Uzbekistan. Specifically, FDI has been instrumental in boosting industrial capacity and infrastructure, while export growth has enhanced the country's global trade integration and revenue streams. This research provides novel insights by highlighting the synergistic effects of FDI and export growth, demonstrating how their combined impact fosters economic stability and development in Uzbekistan. The results suggest that policy measures should focus on further integrating FDI and export strategies to maximize their economic benefits. Policymakers are encouraged to create an environment that attracts foreign investment while simultaneously promoting export competitiveness. Future research could explore sector-specific impacts and the long-term sustainability of these growth drivers in Uzbekistan's evolving economic context.
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