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INNOVATION-LED PATHWAYS FOR EXPORT DIVERSIFICATION IN UZBEKISTAN: EVIDENCE FROM RCA AND PRODUCT SPACE ANALYSIS
Gavkhar Sultanova , Mushtariy Muysinova

This article examines the current state of export diversification in Uzbekistan and explores opportunities for innovation-driven export transformation. The study employs export diversification indicators, Revealed Comparative Advantage (RCA), and Product Space methodology to identify existing comparative advantages and future diversification opportunities. The findings reveal that Uzbekistan’s exports remain concentrated in traditional sectors; however, substantial opportunities exist for upgrading toward more sophisticated and higher-value-added products through innovation, human capital development, and productive capacity enhancement. The study provides policy recommendations for strengthening export competitiveness and accelerating structural transformation

06/26/2026
  • PDF
779-789 64 38
METHODOLOGY FOR ANALYZING THE VOLUME OF PRODUCT (WORK, SERVICE) SALES
Маmura Abdujaborova

This article discusses the analysis of the volume of product (work, service) sales and its main directions. The article also presents the approaches of local and international economists, outlined in various scientific sources, regarding the analysis of sales volume. As a result of the study, the author’s methodology for analyzing product sales volume is presented, as well as opportunities for its increase.

04/24/2025
  • PDF (Uzbek)
737-743 168 79
GROWTH AND IMPROVEMENT OF GDP STRUCTURE AND IMPACT OF GROSS REGIONAL PRODUCT ON THE INCOME OF THE REGION'S POPULATION
Bakhtiyor Salimov , Mirabbos Bakhtiyorov

The article examines issues related to improving the structure of GDP in Uzbekistan. A comparative analysis of the economic potential and the level of economic development of regions is conducted based on the gross regional product (GRP). The study also analyzes the impact of GRP per capita on the real incomes of the regional population. Based on the theory of economic convergence, the process of convergence of Uzbekistan’s GDP per capita with the per capita GDP of developed countries in the long term is analyzed using forecast calculations up to 2030

03/29/2026
  • PDF (Uzbek)
73-80 96 74
METHODOLOGICAL APPROACHES TO IMPROVING THE EFFICIENCY OF BANKING PRODUCTS BASED ON ARTIFICIAL INTELLIGENCE TECHNOLOGIES
Abbos Xujamuratov

This article examines methodological approaches to improving the efficiency of banking products through artificial intelligence technologies. The stages of integrating artificial intelligence into the banking product life cycle are systematized, and the interrelationship between process automation, predictive analytics, personalization, risk management, and adaptive product management is substantiated. A conceptual model incorporating data quality, algorithmic transparency, human oversight, and continuous monitoring is proposed.

07/20/2026
  • PDF (Uzbek)
43-52 22 14
ECONOMIC INDICATORS OF HANDICRAFT ACTIVITIES IN UZBEKISTAN AND THE INTRODUCTION OF DIGITAL TECHNOLOGIES
Feruza Israilova

This article is dedicated to the economic indicators of handicraft activities in Uzbekistan and the introduction of digital technologies into the sector, analyzing the role and significance of handicrafts in the national economy. The opportunities to enhance the efficiency of product manufacturing and sales through digital technologies are explored. The prospects for the development of handicrafts through the implementation of innovations and IT solutions in the sector are also examined. In conclusion, recommendations are provided to strengthen the role of digital technologies in the handicraft industry.

11/21/2024
  • PDF (Uzbek)
80-85 170 117
PROSPECTS FOR THE DEVELOPMENT OF A REGIONAL ECONOMIC MECHANISM FOR SUPPORTING SMALL BUSINESSES
Rustam Omanov , Sardor Rahimov

This article examines the current state and strategic directions for changing the economic mechanism for supporting small businesses at the meso-level using regional economic theory and institutional analysis. Using empirical statistical data for 2022–2025 in the Kashkadarya region and the Republic of Uzbekistan, an in-depth comparative analysis of the human resource potential of the sector and its share in the formation of gross regional product and gross domestic product is carried out. The macroeconomic anomaly of the local economic system is based on: a very high predominance of small businesses in the GRP structure up to 70.6% and variable indicators. Using econometric tools to assess time trends, the author identifies the main institutional limitations of the large-scale support model and develops a comprehensive, scientifically sound mechanism for qualitative modernization of the macroeconomic regulatory infrastructure aimed at diversifying the region's financial and production ties

06/30/2026
  • PDF (Uzbek)
841-846 48 37
THE ROLE AND IMPORTANCE OF TOURIST AND RECREATIONAL ZONES
Makhliyo Umarova

This article highlights and studies the role and importance of tourist and recreational zones in the field of tourism and service provision. In order to study the selected topic in more depth, we will consider the services sector in the gross domestic product of our country. The conclusions and proposals of the article present the prospects and proposals for tourist and recreational zones.

04/15/2025
  • PDF (Uzbek)
502-507 227 128
ORGANIZATION OF PLACEMENT AND EXHIBITION OF GOODS IN THE TRADING ZONE
Laylo Abdukhalilova

The article examines the theoretical and practical aspects of the effective placement and demonstration of goods in trade zones. Proper placement and visual presentation of goods plays an important role in increasing sales efficiency, attracting customer attention, and stimulating purchasing activity. The study analyzes the experience of various retail enterprises and provides practical recommendations for optimizing the territory, segmenting product categories, and increasing sales through exhibition design, promotional materials, and visual merchandising methods. The article is useful for retail sales managers, sales specialists, and marketing researchers, and is aimed at the effective application of technologies for the placement and presentation of goods in modern shopping areas.

01/20/2026
  • PDF (Uzbek)
54-62 135 178
THEORETICAL ASPECTS OF THE ORGANIZING IN PRODUCTION IN THE BUILDING MATERIALS INDUSTRY ON THE PRINCIPLES OF QUALITY MANAGEMENT
Ilmurad Achilov

This article analyzes modern trends in the development of the construction materials industry in the Republic of Uzbekistan and covers theoretical and practical aspects of organizing production processes on the principles of quality management. The importance of the international standard ISO 9001:2015 in the implementation of quality management systems, its impact on economic efficiency and competitiveness, is scientifically based. During 2018-2024, analytical tables were formed on the volume of production of building materials, export indicators and the share of enterprises with ISO standards, revealing their dynamics of change. Also, as a result of the introduction of a quality management system, an increase in production efficiency, energy efficiency and product quality indicators has been established in enterprises

10/11/2025
  • PDF (Uzbek)
433-441 179 91
ANALYSIS OF THE STATE AND DYNAMICS OF TOURISM AND RECREATIONAL RESOURCES UTILIZATION IN UZBEKISTAN
Farida Islamova

The article examines the issue of effective utilization of tourism and recreational resources in Uzbekistan and its impact on the economic efficiency of the tourism sector as well as the share in the country’s Gross Domestic Product (GDP). Based on the review of scientific literature, various theoretical approaches to the management of recreational resources are analyzed. Statistical indicators for 2019–2024 were studied using data from the State Committee on Statistics, the Ministry of Tourism and Cultural Heritage, and the World Tourism Organization (UNWTO). The results of the research demonstrate that during the pandemic years the use of resources sharply declined; however, in 2022–2023, due to the expansion of infrastructure and the increase in the number of tourists, the economic significance of tourism grew and its share in GDP reached 5.5%. These findings confirm that the effective use of tourism and recreational resources is a decisive factor in ensuring the sustainable development of the tourism industry and enhancing its economic potential.

08/29/2025
  • PDF (Uzbek)
484-490 118 77
TRENDS IN THE DEVELOPMENT OF SMALL BUSINESS ACTIVITIES IN UZBEKISTAN
Nafosat Sharopova

This article presents a scientific analysis of the economic activity of small business entities in Uzbekistan, including the dynamics of their development and structural changes across sectors and regions. The strategic importance of small businesses in the national economy particularly their contribution to gross domestic product (GDP), participation in foreign economic activities, and role in ensuring employment defines the scientific and practical relevance of this study. The analysis of the economic indicators of small business entities was carried out based on data from the Statistics Agency of the Republic of Uzbekistan. Specifically, the study examines their share in GDP, involvement in exports, and development trends across various sectors. Furthermore, existing challenges and their underlying causes are analyzed, and both practical and strategic recommendations aimed at further development of the sector are proposed. The conclusions and recommendations presented in the article contribute to enhancing the efficiency of small business entities in the national economy and improving mechanisms of state support.

06/14/2025
  • PDF (Uzbek)
448-457 209 132
APPLYING THE AGILE APPROACH TO PROJECT MANAGEMENT: A CASE STUDY OF A TRADITIONAL FINISHED PHARMACEUTICAL PRODUCTS MANUFACTURER
Feruzakhon Murodova

In the conditions of high regulatory and market uncertainty, export of medicines to the European Union (EU) requires flexible approaches to project management. This paper examines the possibility of applying Agile methodology, traditionally used in IT, to a project to enter the pharmaceutical market in Bulgaria. In this work case-oriented scenario is presented for the export preparation, where tasks divided into iterations (sprints) with the descriptions of the key roles and advantages of applying of flexible management. The article demonstrates the practical value of the Agile approach in the context of constantly changing regulatory requirements and a high degree of cross-functional cooperation.

07/24/2025
  • PDF (Uzbek)
132-136 196 120
THEORETICAL AND METHODOLOGICAL FOUNDATIONS OF MANAGING THE DIVERSIFICATION OF TOURISM
Dilfuza Saidova

In this article, the theoretical and methodological foundations of managing the diversification of types of tourism are analyzed in a comprehensive way. The study scientifically substantiates the economic content of the concept of diversification, its role and strategic importance in the tourism system. The need to manage tourism based on the principles of systematic, strategic and sustainable development is emphasized. During the study, a conceptual model for managing the diversification of tourism types was proposed, which includes the stages of assessing resource potential, market segmentation, the formation of a tourism product portfolio, the improvement of institutional mechanisms and the implementation of a monitoring system. Scientific recommendations and recommendations have also been developed on ensuring economic stability of diversification, reducing seasonality, promoting territorial development and creating added value, making strategic decisions in the field of Tourism, Competitive and sustainable development of the industry

03/26/2026
  • PDF (Uzbek)
30-39 115 97
FORECASTING REGIONAL ECONOMIC GROWTH PROCESSES USING ARIMA MODELS
Bakhtiyor Turayev

This article investigates the application of ARIMA models, considered an advanced econometric method for time series analysis, in evaluating and forecasting regional economic growth trends. Corresponding models were constructed based on the dynamics of real economic growth rates and nominal gross regional product (GRP) volume of the Surxondaryo region for the period of 2010–2025. The stationarity of the time series was verified using the Augmented Dickey-Fuller (ADF) test , and the model orders were optimized based on AIC, BIC, and HQC information criteria. As a result of the study, ARIMA(0,1,2) for regional economic growth rates and ARIMA(3,2,2) for nominal GRP volume were specified, and medium-term forecast values for 2026–2031 were calculated. These models and forecasts serve as a scientific and practical basis for decision-makers in ensuring regional economic stability , maintaining employment , and planning fiscal-budgetary indicators

06/18/2026
  • PDF (Uzbek)
658-666 81 38
QUALITATIVE ECONOMIC GROWTH AS A MAIN FACTOR IN IMPROVING THE STANDARD OF LIVING AND WELL-BEING OF THE COUNTRY’S POPULATION
Mokhigul Pulatova

This article examines the crucial role of qualitative economic growth in improving the living standards and general well-being of the country's population. As is known, the positive dynamics of gross domestic product over the years reflect only the quantitative growth of economic indicators. However, qualitative economic growth, in contrast to it, allows us to separately consider structural improvements in production, technological innovation, human capital development and social equality. The study shows how sustainable and inclusive forms of growth contribute to poverty reduction, social stability and long-term national well-being. The article analyzes the theoretical foundations and practical examples of economies at different levels, revealing that the quality of economic expansion is a decisive factor in ensuring a fair distribution of wealth and increasing the level of life satisfaction of the population

12/03/2025
  • PDF (Uzbek)
370-379 141 57
CONSTRUCTION AND IMPLEMENTATION OF AN INTELLIGENT CAREER ASSESSMENT E-COMMERCE PLATFORM: A PRACTICE FRAMEWORK FROM DEMAND SCENARIOS TO PROTOTYPE VALIDATION
Wang Biao

In the overlapping context of local culture and the digital economy, combining career assessment tools with the logic of e-commerce platforms is becoming an important direction for improving career guidance and person–job matching services. This paper adopts a design science research approach and takes a WeChat mini-program–based intelligent career assessment e-commerce platform as its artefact. It proposes a three-stage practice framework moving from demand scenarios to system architecture and then to prototype validation. First, based on interviews and field observation, platform demand is structured into three representative scenarios educational progression, career adjustment, and institutional projects and corresponding assessment products and service bundles are designed. Second, following the idea of “assessment system + order system + channel system”, a minimal yet complete platform prototype is implemented that integrates online assessment, automatic report generation, QR-code key activation, institutional back-end management, and basic channel analytics. Third, using small-sample pilot data (each project with fewer than 80 participants) from two schools and one career-education institution, the study calculates key indicators such as activation rate, completion rate, paid conversion rate, and self-reported decision clarity, and briefly illustrates how the platform is used in typical situations. Results suggest that the proposed platform design is technically feasible and operationally valuable for improving user self-understanding, service delivery efficiency, and channel conversion, while also revealing room for improvement in report expression, user journey design, and stakeholder incentives. The contribution of this study lies mainly in offering an actionable, mid-level pathway from local career assessment models to a workable minimum viable product, and in providing a structured blueprint for institutions planning similar platforms.

11/30/2025
  • PDF
279-289 145 78
REFORMS TO IMPROVE ECONOMIC MANAGEMENT MECHANISMS IN UZBEKISTAN AND THEIR PRACTICAL RESULTS
Bekzod Mamatkulov

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

10/31/2025
  • PDF (Uzbek)
724-730 161 93
DEVELOPMENT OF TOURISM SERVICES BASED ON MARKETING
Javokhirbek Begimkulov

Today, there is an increasing need for scientific research that will lay the foundation for improving the mechanisms of using tourist and recreational facilities in order to further develop the tourism sector in the world, increase its share in macroeconomic indicators, and provide the population with new jobs in the regions of the country. In this regard, this article analyzes the role of the marketing approach in the development of the tourism services market in the regions of the country.

08/29/2024
  • PDF (Uzbek)
54-62 191 70
ECONOMIC AND SOCIAL POTENTIAL AND TRENDS OF COMPETITIVE DEVELOPMENT OF THE TEXTILE INDUSTRY OF UZBEKISTAN
Yulduz Yuldoshova

The article systematically analyzes the socio-economic significance of the textile industry of Uzbekistan and modern trends in its development. The role of this industry in the formation of the gross domestic product, its impact on the level of employment, stimulation of regional economic activity, contribution to the formation of the foreign trade balance are considered. The prospects for the development of the industry in such areas as technological modernization, digitalization, adaptation to environmental standards and integration into the international market are analyzed. Based on theoretical approaches and modern statistical data, the article substantiates the transformation potential of the textile industry and provides practical recommendations for its further improvement.

08/07/2025
  • PDF (Uzbek)
281-287 172 98
THE IMPORTANCE AND STAGES OF DEVELOPMENT OF THE SERVICE SECTOR IN THE ECONOMY OF UZBEKISTAN
Akmalkhon Akbarov

This article examines the strategic importance and evolutionary development trajectory of the service sector in the national economy of Uzbekistan. It identifies the specific characteristics of service enterprises, including their flexibility, low capital requirements, and important role in job creation and social welfare. A comprehensive analysis of quantitative data shows the sector's increasing contribution to the Gross Domestic Product (GDP) of Uzbekistan and its key role in employment. The study identified three distinct stages of development. The analysis highlights the sector's continued potential as a key driver for sustainable economic growth and improving living standards in Uzbekistan.

07/24/2025
  • PDF (Uzbek)
137-145 192 95
MACROECONOMIC INDICATORS AND THEIR IMPACT ON WELL-BEING
Nusratilla Norkobilov

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.

07/23/2025
  • PDF (Uzbek)
89-94 163 97
ANALYSIS OF MODELING AND FORECASTING PRODUCTION VOLUMES IN THE CHEMICAL INDUSTRY
Saodat Sharipova

This article analyzes the development trends of the chemical industry in the Republic of Uzbekistan, the dynamics of production volumes, and the possibilities of modeling this process. The study empirically evaluates the elasticity of production volume in relation to investment and employment levels based on the Cobb–Douglas production function. A classical linear regression model was constructed using statistical data from 2010 to 2023, and analyses were conducted in the Stata software. Regression results indicate that the growth in production volume is more closely associated with the increase in labor resources. Additionally, forecast values for 2024–2028 were calculated using an autoregressive (AR) model, demonstrating a steady growth in chemical product output. The results of the study hold significant practical importance for strategic management of the chemical industry and for shaping investment policy.

07/08/2025
  • PDF (Uzbek)
940-947 133 73
HOUSEHOLD LANDS ARE A SOURCE OF INCOME AND THE BASIS OF FAMILY WELL-BEING
Zafar Khakimov

The article examines the problems and solutions for the efficient use of household lands. In recent years, improving the efficiency of land use has been called the most pressing problem. In particular, our president is carrying out large-scale work to improve the efficiency of land use in Uzbekistan. Economic analysis of the efficiency of agricultural land use in eliminating food insecurity of the population, research into the problems and creation of a scientific basis for their provision is a requirement of the time.

06/30/2025
  • PDF (Uzbek)
793-799 157 92
OPPORTUNITIES FOR ENSURING SUSTAINABLE GROWTH IN THE TOURISM SECTOR OF THE REPUBLIC OF KARAKALPAKSTAN
Dildor Shadibekova

The article is devoted to priority areas for ensuring sustainable growth of the tourism sector in the Republic of Karakalpakstan. The economic situation of tourism development in Uzbekistan is also analyzed. In addition, practical recommendations are given for solving current problems in the tourism sector in the region.

06/09/2025
  • PDF (Uzbek)
365-377 157 108
INCREASING THE EFFICIENCY OF USING PRODUCTION RESOURCES AT PHARMACEUTICAL INDUSTRY ENTERPRISES
Latofat Muzaffarova

In this work, issues of increasing the efficiency of the use of production resources at pharmaceutical industry enterprises are analyzed from a scientific-theoretical and practical point of view. The study highlights the role and importance of raw material and material resources, fixed assets, labor, financial, and intellectual resources in pharmaceutical production. Also, the current state and development dynamics of resource use in the pharmaceutical industry of Uzbekistan were assessed, and existing problems were identified. Recommendations have been developed for technological modernization aimed at increasing production efficiency, introducing digital management systems, applying the principles of GMP and "Lean manufacturing," expanding the local raw material base, and developing personnel potential. It is substantiated that the implementation of these proposals will serve to reduce production costs, improve product quality and safety, ensure competitiveness and sustainable development of enterprises.

12/20/2025
  • PDF (Uzbek)
555-562 103 102
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