The economic substance of the economyʼs primary indicators, inflation, and unemployment, as well as the dynamic indicators of these economic categories, have been investigated using economic-statistical methodologies. An econometric model was built after examining the quantitative relationship between inflation and unemployment. Modeling the impact of unemployment on inflation changes yielded predicted indicators for these variables in the coming years.
This research investigates the relationship between macroeconomic factors and profitability of companies, considering the company level factors of financial performance: gross margin, operating margin, EBITDA margin and ROA. Drawing upon the theoretical frameworks, empirical analyses and econometrical model, the study explores multifaceted dynamics of macroeconomic-firm nexus of the biggest 16 companies - drivers of modern US economy. Findings reveal significant relationships between macroeconomic factors such as exchange rate, inflation and corporate profit, highlighting company response to macro-level changes. Practical implications for financial managers are discussed, emphasizing the importance of considering macroeconomic conditions in decision making processes. Overall, this article contributes to the understanding of macroeconomic-firm nexus and provides insights, which should be further developed.
This article outlines the set of legally-defined goals that constitute the "Uzbekistan - 2030" strategy. These goals include ensuring the stability of the national currency, increasing the income of the country’s population, ensuring the competitiveness of products manufactured within the country through a gradual transition to a market economy, increasing the volume of exports, localizing the production of imported goods, maintaining a moderate level of inflation, improving the living standards of our people, and placing our country among the "above-average income" states. Unlike previously adopted strategies, this strategy has been adopted for the long term, and we can see that the current reforms are closely linked to the expected goals, as well as the growing year-on-year development of our country’s economy.
This article analyzes the essence and effectiveness of the economic reforms carried out in Uzbekistan in recent years. The study examines the dynamics of the country’s main macroeconomic indicators like gross domestic product, inflation, export volume, inflow of foreign investments, and the processes of digitalization during the period from 2010 to 2024
The article provides a comprehensive analysis of the impact of macroeconomic indicators on the standard of living and well-being of the population. Using the example of the economy of Uzbekistan, the impact of macroeconomic changes observed during 2020-2024 on the level of well-being of the population is analyzed, and existing problems and proposals for their elimination are developed.
In recent years, the intensification of global financial instability has posed significant challenges to banking markets. In response, commercial banks have placed particular emphasis on enhancing their resilience to economic fluctuations. According to expert forecasts, activity in the global banking sector is expected to increase substantially in 2025–2026. Notably, inflation in the Eurozone in 2024 is projected to be around 2.3% instead of the previously forecast 2.7%. Financial stability, however, remains tied to moderate growth prospects. Various models typically chosen or approved by regulators are used to assess banks’ stability. Contemporary research focuses on improving existing methodologies and financial stability indicators in light of changes in the global macroeconomic environment, raising capital adequacy requirements for banks, and enhancing tools for forecasting their future performance. At the same time, the adoption of new technologies and financial instruments is accelerating banks’ digital transformation and the automation of their business processes. This article offers a comprehensive study of the means and mechanisms for ensuring the financial stability of commercial banks in Uzbekistan. Its primary objective is to analyze the state of the banking sector and identify ways to strengthen its resilience, drawing on global best practices and national specificities. To achieve this, both scientific-pedagogical methods (historical-comparative analysis, structural-logical research) and empirical approaches (statistics from regulatory documents and bank reports, expert surveys) are employed.
This article presents proposals on the urgent tasks of economic reforms to ensure macroeconomic stability, tools and methods of monetary policy, tactical and strategic tasks, ensuring a balanced financial sector and further strengthening the role of state monetary policy at the present stage.
In international banking practice, ensuring the profitability of commercial banks is of great importance, which not only serves to maintain their financial stability, but also to increase their competitiveness in market conditions. Banks with a high level of profitability perform their financial intermediary function more effectively, which leads to the strengthening of their place and role in the economy. Therefore, in the practice of developed Western countries of the world, the issues of increasing the profitability and ensuring the stability of commercial banks are considered one of the most priority and urgent areas of strengthening their competitiveness in the financial market. They pay great attention to increasing profitability in order to ensure the effective operation of banks, the provision of high-quality services to customers, and a worthy contribution to economic development. The article develops scientific proposals aimed at ensuring the profitability of loans of commercial banks of the country.
The article presents the problems and situations in which loans and their interest rates are provided by commercial banks of the Republic of Uzbekistan, as well as the income of the population. The essence of the current legal acts on loans and the current content is revealed.
There are several ways to attract resources in commercial banks. It is convenient for commercial banks to use their funds as a resource. However, given the limited resources available, the funds attracted are acceptable and attractive. In this study, we will examine the ways in which commercial banks conduct deposit policies to attract resources and the ratio of deposits to various economic indicators. Let us focus on the problems that exist in the process and their solutions.
This article provides a comprehensive analysis of studies examining the impact of central bank digital currency (CBDC) on the functioning of the monetary system. Based on a systemic analysis and synthesis of research, the directions of influence of digital currency are identified, which cover key elements of the monetary system, including monetary aggregates, inflation, interest rates and bank liquidity. The study's findings may be useful for developing strategies for introducing digital currencies and assessing their potential impact on macroeconomic stability.