This article talks about the calculation of financial results in wine industry enterprises, the regulation of financial results and increasing profit in it, the essence, theoretical foundations of the accounting of financial results in wine industry enterprises, and the possibilities of increasing profit in wine industry enterprises.

This study analyzes how digital marketing can accelerate the development of smart tourism in Uzbekistan. Although the country has recorded fast growth in visitor flows and stronger global recognition, the move from traditional destination promotion to data-informed smart tourism governance is still incomplete. The evidence shows that Uzbekistan has a promising foundation for smart tourism: inbound tourism trips reached 7.96 million in 2024, internet penetration was 89.0% in January 2025, and active social media identities numbered 11.7 million. However, demand composition reveals an important strategic issue: 76.7% of inbound trips in 2024 were connected with visiting relatives, whereas leisure and recreation represented only 14.9%. This difference suggests that large arrival volumes have not yet been fully converted into higher-value destination-based tourism. The analysis also identifies a developing digital ecosystem that includes official portals, e-visa services, OTA cooperation, mobile cashback tools, and specialized platforms such as Eaten.uz.

This paper discusses the mechanism of transmission of the monetary policy in Uzbekistan in the framework of the inflation targeting (IT) which is officially followed by the Central Bank of Uzbekistan since 2021 (CBU). The analysis indicates that the main refinancing rate is transmitted into the financial system to impact output and prices using methods of Vector Autoregression (VAR) and Structural VAR (SVAR) on quarterly data covering 2010-2023. The results show that interest rate channel is the most effective transmission channel, exchange rate channel comes next and credit channel is limited by structural weakness in the banking sector. The monetary policy shocks explain about 18-22 percent of inflation variance at a 12-month horizon. Some of the major obstacles are dollarization, strong state-owned banking industry, ineffective financial intermediation and low financial literacy. Some of the policy prescriptions include complementary fiscal moderation, faster financial sector reform, and better communication by the central bank.

The rapid growth of on-demand food delivery services has posed significant challenges in logistics optimization. This study focuses on a formerly leading food delivery company in Uzbekistan, which faced difficulties in meeting customer expectations due to high demand and inefficiencies in courier allocation. The research applied Discrete Event Simulation (DES) theory to analyze courier utilization, waiting times, and delivery performance. The model incorporated district-based clustering, queueing theory, stochastic simulation modeling, model validation and performance evaluation to evaluate various operational scenarios. Findings reveal that integrated models reduce delivery times by 1.6 times, enhance throughput, and provide actionable strategies for urban delivery optimization. The results contribute to both academic literature and managerial practice in emerging markets.

These findings underscore the need for context-specific corporate governance models to optimize overall financial performance and mitigate risk. This research contributes to the understanding of how multiple governance models affect bank stability globally and provides information for policy makers and bank executives aiming to improve governance frameworks. These findings underscore the need for context-specific ways of corporate governance to optimize economic performance and mitigate risk. This research contributes to the expert knowledge of the ways in which different governance models affect the global stability of financial institutions and provides information for policymakers and bank executives aiming to improve governance frameworks.

This article examines the role of generative artificial intelligence in the digital transformation of economic sectors, with a particular focus on assessing implementation efficiency and ensuring technological security. The study argues that generative AI is becoming a strategic tool for improving productivity, operational speed, decision-making quality, and innovation capacity across manufacturing, finance, logistics, public administration, and other sectors. At the same time, the article emphasizes that the benefits of generative AI are accompanied by serious technological risks, including data leakage, model misuse, privacy violations, unreliable outputs, and cybersecurity vulnerabilities. The research is based on a qualitative comparative analysis of recent open-access academic and institutional sources, including OECD, World Bank, NIST, and sector-specific studies. The findings show that the effectiveness of generative AI should be evaluated through a dual framework that combines economic performance indicators with technological security criteria. The article concludes that sustainable implementation requires not only digital infrastructure and organizational adaptation, but also strong governance mechanisms, human oversight, and continuous risk monitoring.

This article analyzes the legal foundations, methodology and initial results of implementing the stability rating system for business entities in Uzbekistan. The aim of the study is to explain the essence of the rating system, to identify changes in the assessment criteria and to determine their impact on tax compliance and the stability of the business environment. Methodologically, the research employs descriptive and analytical analysis, a comparative approach based on international experience, diagnostic assessment and digital monitoring techniques. The empirical base relies on the information systems of the State Tax Committee, official statistical data and national regulatory acts. The findings show that, after the introduction of the stability rating, there has been a significant increase in timely tax payments, on-time submission of tax reports, the use of electronic invoices, overall employment and the employment of socially vulnerable groups. Furthermore, the paper substantiates that calculating the rating on the basis of 30-day average scores and introducing new incentive and penalty indicators have enhanced the transparency of the system and expanded the possibilities for selective fiscal management. The author proposes further improvement of the rating system, taking into account sectoral and regional specificities, as well as its more active use in the practices of banks, investors and public procurement.

The rapid development of internet technologies has made digital networks an integral part of modern life, making cybersecurity a pressing issue. The need to protect sensitive personal, corporate, and government data in the online environment is constantly growing. This study analyzes key cybersecurity threats, including data leaks, malware, and phishing attacks, based on publicly available scientific databases, and assesses the capabilities and limitations of existing security technologies. The results demonstrate that cyberattacks are becoming increasingly sophisticated, and traditional defense measures are not always sufficient. The conclusion substantiates the need to ensure future cybersecurity through integrated, proactive approaches, artificial intelligence-based solutions, and comprehensive strategies based on increased user awareness.

Ushbu maqolada Jahon banki ma’lumotlari va Global ko‘p o‘lchovli kambag‘allik indeksining qiyosiy tahlili yordamida Markaziy Osiyodagi monetar va ko‘p o‘lchovli kambag‘allik dinamikasi o‘rganilgan. Tadqiqotda Qozog‘iston, Qirg‘iziston, Tojikiston, O‘zbekiston va Turkmanistondagi mavjud kambag‘allikni pasaytirish modellari tahlil qilingan, bu sohadagi yutuqlar va tarkibiy to‘siqlar ko‘rsatilgan. Iqtisodiy o‘sish, mehnat daromadlari, pul o‘tkazmalari va ijtimoiy transfertlar tufayli monetar kambag‘alligining sezilarli darajada kamayishiga qaramay, ko‘p o‘lchovli kambag‘allik indekslari turmush darajasi va asosiy xizmatlardan foydalanishdagi doimiy kamchiliklarni ko‘rsatadi. Natijalar mamlakatlararo sezilarli o‘zgaruvchanlikni ko‘rsatadi va daromadlarning oshishini inson kapitali va ijtimoiy infratuzilmaga investitsiyalar bilan birlashtirgan muvofiqlashtirilgan kambag‘allikka qarshi siyosat zarurligini ta’kidlaydi.

The article examines the issues of the impact of the development of MICE tourism on the social field. Feedbacks and reviews have been given to develop the social sphere of the country through the development of MICE tourism. The results have been achieved by the development of MICE tourism in Uzbekistan in order to develop the infrastructure, in turn it can lead to improve in social life, to have a positive impact on the life of society, to provide the employment of local residents through creating new jobs.

This study used econometric panel models to examine the influence of water shortage on economic growth in Central Asian countries. To evaluate long-term panel data, we used a pooled regression model, a fixed effect model, and a random effect model on annual data from 1990 to 2023 across five nations. After creating the models, we ran diagnostic tests using several statistical techniques. After analyzing the models listed above, we determined that the Pooled regression model is best suited to our panel data. Based on the indicators of this model, it was discovered that increased water shortage in Central Asian countries had a negative impact on economic growth. Each unit increase in water scarcity causes a 0.0166 unit loss in GDP. The findings suggest that countries experiencing severe water scarcity should prioritize water resource management and establish a water conservation program that includes the construction of infrastructure to alleviate the shortage.

How does globalization affect labor markets and migration processes? In this study, the authors examine how globalization affects job opportunities, wages, and labor mobility. While skilled workers benefit from increased global opportunities, low-skilled workers face greater economic uncertainty. The study also examines the challenges of return migration, including skill mismatch and labor market reintegration difficulties. The results of the study suggest that globalization affects different workers in different ways, requiring policies that ensure fair opportunities and economic stability for all.

From 2021 to 2024, the government allocated financial resources ranging from 330 billion to 560 billion UZS to support exporting enterprises. As a result of financial assistance aimed at increasing export potential, local products worth 14 billion USD were delivered to foreign markets. The article evaluates the impact of government-provided financial support on the export potential of enterprises operating in the Republic of Uzbekistan and analyzes the efficiency of the allocated funds.

This article analyzes the results of the 'Participatory Budgetingʻ initiative implemented in Uzbekistan in 2024. Using correlation and regression analysis methods, the study examines the influence of socio-economic factors on public initiatives and successful projects. The significance of the initiative and its role in socio-economic development are highlighted.

The export of services plays a crucial role in enhancing the export potential of Central Asian countries and diversifying their export portfolios. This article presents an econometric analysis of the key factors influencing service exports, utilizing statistical data from Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan from 2000 to 2021. The analysis employs various methodologies, including fixed effects, random effects, GLS, and fixed effects with Driscoll-Kraay standard errors. The findings reveal that UNCTAD's ICT index and the category "Private Sector," along with GDP per capita, significantly contribute to the growth of services exports in Central Asian countries. On the other hand, population size negatively affects the volume of services exported by the countries analyzed. Based on the results obtained, recommendations were developed to boost traditional and modern services exports from Central Asian countries.

Improving the sales management system based on the analysis of marketing technologies is one of the important processes that have found its place in the modern business environment. Each company needs to develop effective strategies to successfully market its products or services. When developing such strategies, the analysis and use of marketing Technologies is important. This article provides information on the impact of marketing technologies on the sales management system, how to analyze them and how to implement their results.

This article is devoted to the role of management accounting in the analysis of the company's activities, it examines the analysis of management in a market economy. The purpose of the study is to substantiate the role of management analysis in the development of an enterprise, which is considered one of the modern types of economic analysis, previously considered indivisible. Also, in the discussion and results section of the article, the issues of applying the BSS methodology (Balanced Scorecard Systems), one of the methods of management analysis at domestic enterprises, studied the KPI system (Key Performance Indicator) of this technique, its advantages and disadvantages are presented. At the end of the study, author's proposals were formulated based on the results of this study.

Настоящая статья анализирует современные подходы к оценке различий в экономическом развитии регионов на научной основе. Во введении подчеркивается значимость региональных различий в глобальной экономике, акцентируя тенденции, такие как цифровизация, устойчивость и резилиентность. Обзор литературы, основанный на более чем 15 статьях из престижных международных журналов за последние годы, обсуждает группы, включая пространственное моделирование, цифровой анализ, резилиентность и институциональные факторы. Методология основана на дизайне смешанных методов, включающем синтез литературы и систематический анализ. Результаты анализа раскрывают динамику различий через пространственную автокорреляцию, экологическую чувствительность и институциональные индикаторы, демонстрируя процессы дивергенции в развивающихся странах. В заключении оцениваются преимущества и ограничения подходов, рекомендуется политика, основанная на месте, зеленые инвестиции и цифровая интеграция. Результаты имеют научную и практическую ценность для сокращения региональных различий.

This paper applies multivariate econometric modeling methods to evaluate and forecast enterprise asset indicators in the Republic of Uzbekistan. The case study focuses on “Grant Thornton Valuation” LLC, where revenues from privatization serve as the dependent variable. Explanatory variables include the number of contracts, the number of valuation reports, the number of privatized objects, as well as the number of issued certificates and licenses. The model’s reliability was tested using descriptive statistics, correlation analysis, VIF, and ADF tests, followed by forecasting. The results provide practical insights for analyzing enterprise performance and projecting future trends.

This article examines the specific aspects of econometric modeling in the dynamic and complex conditions of the modern economy. The paper highlights contemporary trends such as the integration of big data, machine learning, and artificial intelligence, which play a crucial role in forecasting the impacts of inflation, unemployment, climate change, and pandemics. The methodology employs a systematic literature review, drawing on scientific articles from the Scopus, Web of Science, and ResearchGate databases over the last five years (2020-2025). The results indicate that ML-hybrid models enhance forecast accuracy (with reductions in RMSE and MAE), although the adverse effects of climate change and data uncertainty pose significant challenges. The conclusions and recommendations propose increasing the robustness of models in policy formulation, strengthening interdisciplinary collaboration, and implementing ethical standards, thereby contributing to sustainable development and economic recovery.

This article examines the impact of digital transformation on regional economic trends in the context of an innovative economy. Based on a systematic literature review (SLR) of studies published in recent years, it analyzes how digital technologies (such as artificial intelligence, big data, and IoT) influence economic growth, innovation potential, and regional disparities. The results indicate that digital transformation significantly stimulates regional economic growth and innovation through positive spillover effects, yet exacerbates ecological challenges and inequalities in developing regions. The conclusion emphasizes the need for integrated policies to mitigate adverse effects and ensure sustainable development. Recommendations encompass the development of digital infrastructure and investments in green innovations.

This article provides an empirical analysis of the key economic factors influencing regional disparities in household income. The study examines indicators such as per capita income, average wages, employment rate, investment volume, and healthcare infrastructure availability. The findings reveal that wage levels and the amount of attracted investments are the main determinants of income growth, while employment rates and healthcare resources exert indirect effects, serving as supplementary drivers of regional welfare. The results have both theoretical and practical significance for the development of regional economic policies aimed at reducing income disparities across territories

This article discusses the issues of developing a competitive environment in the country by improving tax administration. The existing problems in the tax administration system, their impact on the activities of business entities and factors affecting the level of competitiveness are analyzed. The methods used in international experience to improve the efficiency of tax administration and their positive impact on the competitive environment are studied. Also, the possibilities of creating equal conditions for business entities by simplifying, digitizing and increasing transparency of tax administration in the conditions of Uzbekistan are substantiated. Based on the results obtained, scientific and practical proposals for further developing the competitive environment are developed.

This article examines the issues of integrating the United Nations Sustainable Development Goals (SDG) into the regional development programs of the Republic of Uzbekistan. The study applied content analysis to more than 20 normative-legal documents adopted between 2017 and 2023. The results indicate that in some regions the principles of the SDG are strongly embedded, while in others they are only mentioned at a general level. The paper identifies differences in the degree of integration across regions and provides recommendations for strengthening conceptual approaches, adapting indicators, and enhancing interregional cooperation.

The article analyzes the prospects for the use of innovative marketing technologies from a theoretical and practical perspective. In the context of digital transformation, enterprises are developing marketing activities with new approaches based on artificial intelligence, big data (Big Data), blockchain, AR/VR technologies and omni-channel strategies. The study comparatively studies international experiences and digital reforms in the Uzbek economy, analyzes the impact of innovative marketing technologies on efficiency, their role in increasing competitiveness, and the possibilities of building sustainable relationships with consumers. The results show that the widespread use of innovative marketing technologies is important for enterprises not only in increasing short-term sales volumes, but also in forming a long-term sustainable development strategy.