Central Asian Journal of Innovations on Tourism Management and Finance

Institutional-Indicator Approach to Assessing the Effectiveness of Regional Innovation Policy

2025-11-05T22:54:52+00:00

This article analyzes the institutional-indicator approach to assessing the effectiveness of regional innovation policy from a scientific, theoretical and practical perspective. The study is based on a comparison of mechanisms for measuring the effectiveness of innovation policy in Uzbekistan and international experience for the period 2010–2024. The article highlights the advantages of the indicator approach, that is, its role in monitoring regional policy as a comprehensive assessment system that combines economic, institutional and social factors. The concept of the “Institutional Coherence Index (IHI)” is also developed, through which the effectiveness of innovation policy in Namangan region is analyzed based on empirical data. The results of the study show that the indicator approach allows us to determine not only economic growth, but also the interrelationship between scientific potential, technological infrastructure and the management system. This methodology allows us to comprehensively take into account institutional factors in addition to traditional economic indicators when assessing innovation policy.

Enhancing the Export Potential of Small Business and Private Entrepreneurship in Uzbekistan

2025-11-08T00:57:12+00:00

This study examines the factors that shape the export potential of small businesses and private entrepreneurship (SBPE) in Uzbekistan, with a focus on the Surkhandarya region. SBPE has been shown to support sustainable growth, regional development, employment and integration into global value chains. However, key constraints to export performance include limited access to finance, weak logistics infrastructure and costly certification. The research employs econometric models (OLS and panel regression), gravity analysis and index-based measures (Revealed Comparative Advantage (RCA), Trade Complementarity Index (TCI) and Productive Capacity Index (PCI)) to evaluate competitiveness and diversification. The findings suggest that improved financial access, digital trade platforms and state subsidies have a positive influence on export growth, whereas logistics and certification costs hinder it. Regional results show that Surkhandarya's exports increased 1.6-fold between 2020 and 2024, although there are still significant disparities between districts. Rising RCA and PCI values signal a shift towards higher-value output and quality improvement. The paper recommends strengthening financial support, upgrading logistics, streamlining certification processes and accelerating digitalisation alongside industrial modernisation, e-commerce expansion and the development of regional export clusters, in order to foster inclusive and sustainable SBPE export growth.

Theoretical and Methodological Foundations of Systemically Important Banks

2025-11-08T01:09:57+00:00

The article theoretically studies the activities of systemically important banks. In particular, the opinions and scientific research of economists on this issue are studied. At the same time, the main emphasis is placed on the methodology for identifying global and national systemically important banks.The study highlights the critical role of systemically important banks in maintaining financial stability, preventing systemic crises, and ensuring resilience in the banking sector. It also examines how these banks’ size, interconnections with other financial institutions, substitutability of their services, and cross-jurisdictional activity contribute to systemic risk. By reviewing both theoretical approaches and practical regulatory measures, the article emphasizes the need for additional capital, liquidity, and risk management requirements for SIBs. Moreover, the study discusses the global and national policy implications, including the formulation of early warning mechanisms, stress-testing practices, and macroprudential oversight.

Organization of “Consumer Cooperatives” in Organic Agriculture - A Factor For Increasing Employment and Income of The Population

2025-11-09T15:51:40+00:00

In the article, on the basis of the study of local and foreign experiences of the development of organic agriculture, conducting a social survey among the population, the necessity and socio-economic significance of the organization of “consumer cooperation” was scientifically explained, and the organizational stages of consumer cooperation were developed. Also, the role of cooperation in increasing the employment and income of the rural population is revealed.Within the framework of the study, the main organizational stages and mechanisms of forming consumer cooperatives were developed, taking into account the specifics of rural socio-economic conditions. Particular attention was paid to the institutional, legal, and financial aspects that ensure the effective functioning of such cooperatives. The analysis of international experience demonstrates that consumer cooperation contributes significantly to improving the competitiveness of organic products, ensuring product quality, and enhancing market access for small producers.

Status and Analysis of Performance Management in Consulting Services Companies

2025-11-12T16:15:46+00:00

This study examines the development, efficiency, and performance management of consulting service enterprises, which play a vital role in the economic growth of Uzbekistan’s service sector. Efficiency, as an economic category, reflects the rational use of available resources and is crucial for enhancing competitiveness and innovation. The research highlights the importance of implementing Key Performance Indicators (KPIs) and Balanced Scorecard (BSC) systems to evaluate and improve enterprise performance. Empirical analysis of the Samarkand region shows substantial growth in service sectors, with consulting and IT-related services reaching 2,002.3 billion UZS in 2024, a 46.7% increase compared to the previous year. The study identifies strategic planning, KPI development, monitoring and analysis, employee motivation, and digital transformation as essential components of performance management in consulting firms. Moreover, the SERVQUAL model is emphasized as a practical tool for assessing service quality across dimensions such as reliability, responsiveness, and empathy. Findings indicate that performance management in consulting enterprises is most effective when it integrates strategic goals, quality assurance, and human resource development. In conclusion, the consulting services sector significantly contributes to Uzbekistan’s economic modernization, supporting private entrepreneurship, employment, and competitiveness through innovation and digitalization.

The RegTech Revolution: Cutting Compliance Costs with Automation (2025)

2025-11-13T09:53:15+00:00

Over the last 10 years, compliance costs of financial institutions have risen steeply due to more stringent regulations, higher volumes of transactions and manual processes. Regulatory Technology (RegTech), which applies automation, analytics, and digitization to compliance, seeks to reverse this trend by enhancing Know Your Customer (KYC) onboarding, anti-money laundering (AML) monitoring, trade reporting, and other aspects of risk control. In this respect, this article presents original research on the degree to which RegTech can reduce compliance costs while providing the same or higher degree of effectiveness. In 2023, worldwide financial crime compliance expenditure surpassed $200Bn per annum, and banks are allocating as much as 10–15% of their operational costs to compliance. If you want to reduce operational risk, the false-positive alert in a way that involves high-volume tasks (customer due diligence & transaction screening) can be automated with over 50%, and the case handling time is reduced up to two to three times the limit by the help of end-to-end automation of certain tasks. We map its key processes - KYC, sanctions screening, transaction monitoring, trade reporting, model risk management - to their major cost drivers, and we highlight areas for automation that decrease manual hours, speed up turnaround times, and enhance the accuracy of risk detection. Use cases for banking, capital markets, insurance, and fintech have early adopters pointing to meaningful outcomes - weeks-long onboarding times are down to days in major banks, alert volumes are halved, and millions in annual compliance costs saved. It includes an ROI model that gives you formulas to compare baseline and automated costs, and reports payback periods of under 3 years. The findings show that RegTech can create a major shift in efficiency, allowing institutions to do more while spending less on manual compliance. This lets them focus more on real risk management without reducing effectiveness or adding new risks.

Uzbekistan's Accession to The World Trade Organization and Its Impact on The Tax System

2025-11-17T16:29:45+00:00

The Entry of Uzbekistan to the WTO and the Formation of New National Taxation System: Aspects of Research A brief introduction that describes what the plan will focus on with the intention to diversify the economy, boost exports and become more integrated into global markets. The lack of awareness is about how the transition economies adjust indirect taxes, duties and tariffs to the World Trade Organisation rules. The methodology uses unique qualitative data across national laws, tax policy and trade agreements The findings suggest that countries are able to use embarrassing access to the world trade organisation to drive the national economy down towards lower level tariffs, equalised domestic and import based excises, abolish the export subsidy and enhance harmonization in value added tax The results are less ambiguities, a more stable and predictable trading environment, and domestic producers will be more competitive. Provided such reforms require much adaptation, but guarantee long-lasting export driving forces and a contribution to embedding Uzbekistan in global economic processes with both further enhancing its competitive position in international markets.

Changes in Hormonal Spectrum in Ovarian Polycystosis with Clomiphenrezistence-Binding Infertility

2025-11-18T15:31:54+00:00

This study studied the risk factors for the development of recurrent polycystic ovaries, the role of obesity in its development. For the study, 92 women with recurrent polycystic ovaries aged 19-35 years with and without obesity were studied in the control group of 20 healthy women living in the Bukhara region. The study concluded that hyperinsulinemia plays an important role in the development of the disease in patients with obesity-related OC, while dysfunction associated with the hypothalamic-pituitary system (induced by stress), on the other hand, plays an important role in the development of OCJ independently. from obesity in patients of the second group.

A Comprehensive Analysis of Industrial Structure for The Development of Regional Industrial Potential

2025-11-20T14:45:04+00:00

The paper compares the structure of industrial branches in the regions of Uzbekistan in terms of its impact on long-term industrial potential. But even though industry had been growing across the country, regional contrasts remained stark. While earlier work covers some aspects of diversification and innovation, there is still a disconnect with studies that see industrial capacity more holistically in terms of technology chosen, resource use, intersectoral collaboration, and regional imbalance. This analysis is based on official regional data from 2012-2024, including production size, per capita output, labor conditions and active enterprises size. To understand the functionalities driving growth we grouped regions by their level of development.

Results indicate a deep schism. The industry of Tashkent City and Navoi has more modern technology and greater productivity. Tashkent Region and Andijan continue to develop steadily, but they are based on older structures in many areas. Resources are abundant in the remaining areas, but infrastructure, technology, and investment are limited. Still, recent advances show new clusters, fresh digital tools and emerging manufacturing zones are closing the gap bit by bit. The results show that industrial might requires more than raw materials but also modernization, stable investment, and effective productive networks. Improving on these fronts can help ensure a fuller range of growth in the rest of the country. In conclusion, the study serves as a useful framework for informing regional industrial policy and orientating prospects of development.

Development and Innovation of Tourist Flow Products for World Cultural Heritage Sites

2025-11-26T10:19:03+00:00

The furthering of the Rural Revitalization Strategy and the integration trend between culture and tourism have made tourism value development for rural cultural heritage a key theme both in academia and industry. As a UNESCO World Cultural Heritage site, Hailongtun Fortress (Zunyi, Guizhou) is a typical representative of Tusi sites in Southwest China with important cultural significance. But the tourism product is largely static, not responsive to the Carusos of today who condense cultural immersion into one long weekend. In this context, turning these cultural heritage resources into experiential cultural tourism products that are in accord with preservation and innovative demands has become an urgent practical task. Taking Hailongtun as an example, the essay investigated ways of development and development model that are new for Rural Cultural Heritage Tourist Products. It proposes that the preservation of cultural heritage can be a sustainable development lust for the tourism economy, provides theoretical support and practical guidance value for similar heritage sites. Based on findings from its field research, interviews with 20 respondents including tourists, managers and local residents, and SWOT analysis the study systematically provides an assessment of Hailongtun's resource endowment and present state. Based in the theory of the “Experience Economy,” the article builds a framework for product innovation. The research results point to several deficiencies at Hailongtun: lacking dimension of broken narrative, inadequate participatory experience, inactive connection with community benefit.

The Effectiveness of Digital Technologies and Smart Tourism Platforms in The Tourism Industry

2025-11-28T14:44:46+00:00

In tourism, the role of Information and communications technologies (ICT) and smart tourism platforms are emerging as key drivers for achieving competitive success in the field of tourism. Through the internet, mobile apps and AI, industry insiders can better quality of products and services, attract more tourists and enhance economic benefits while building up tourism brand. Meanwhile, the appropriate utilization of Cutting-edge technology will also allow travelers to enjoy advanced service experience with high comfort and safety standards, promoting the sustainable development of tourism industry. Large-scale reforms have recently been carried out aimed at accelerated development of the tourism industry and making it one of the leading branches in economy of the Republic of Uzbekistan. Especially, the introductory plans for digital and smart tourism have been accepted and executed. The piece considers the grounds for reform, how these changes may be realised and what their likely impact will be.

Analysis of The Tools Used in The Assessment of Leasing Assets and Liabilities in Accounting

2025-11-29T14:21:33+00:00

This article examines the significant differences between the national accounting standards of Uzbekistan and the International Financial Reporting Standards (IFRS 16) concerning the recognition and accounting of lease transactions. Using financial data from Uzagroleasing JSC and Uzbek Leasing International JSC for the period 2019-2024, the study highlights the discrepancies in lease classification, balance sheet recognition, and expense reporting. The paper proposes a conceptual model for harmonizing national standards with international requirements to improve financial transparency, risk assessment, and investment attractiveness.

Assessment of Financial Stability and Risks of Investment Objects in The Due Diligence Process

2025-11-29T15:32:50+00:00

This article explores the role of Due Diligence in assessing the financial stability and risk exposure of investment objects. It introduces two analytical models: the Financial Stability Index (FSI) for quantitative evaluation and the Risk Matrix for qualitative risk categorization. Using a mixed-methods approach, the research validates the applicability of these models to real-world corporate analysis, offering valuable insights for investors, auditors, and decision-makers involved in the investment process.

Stimulating Investments in Industrial Enterprises Based on Innovative and Digital Approaches

2025-11-29T15:35:44+00:00

The development of national economy is impossible without industrial enterprises. Digital and innovation approaches are the main techniques that will stimulate investments and increase the financial productivity of the enterprises Through the application of innovative and digital approaches, the article aims to determine the most effective methods for the promotion of investment activities in industrial enterprises. The methodology of the study used both qualitative and quantitative research methods. Data Based on enterprise reports, financial indicators, surveys and Interviews. Statistical and econometric analysis methods have been used to analyse the results. The findings show that the introduction of innovations and digital transformations facilitates the investment process and improves the transparency of transactions of organizations and their financial performance as well. In addition, digital tools lower risks and increase the investable universe of businesses. Innovative and digital approaches together act as a powerful tool to encourage investments in Industrial businesses. Results of the study provide practical recommendations for managers of enterprises and strategists of management of enterprise as for how to carry out the administration of investment activity more effectively and to improve them.

Prospects for Managing Human Resources Through Artificial Intelligence: An Applied Scientific Approach Based on the Case of Uzbekistan

2025-11-30T08:44:25+00:00

This study investigates the prospects of integrating artificial intelligence (AI) technologies into human resource management (HRM) practices in Uzbekistan. The research develops a national HR–AI framework based on a comparative analysis of global HR systems (SAP SuccessFactors, Oracle HCM, Workday) and local digital platforms (ARGOS). A pilot implementation of the “Milliy CRM” AI-driven HR platform was conducted at the textile enterprise SANAM MCHJ, where key HR processes were digitalized, including candidate screening, competency assessment, training, KPI monitoring, employee experience analysis, and churn-risk prediction. Mixed-method results demonstrate that AI enables data-driven, transparent, and efficient HRM: employee turnover decreased by 39%, productivity increased by 27%, and employee satisfaction improved by 24%. The analysis reveals substantial improvements in organizational stability, fairness of performance evaluation, and overall workforce motivation. The study argues that “Milliy CRM” can become a strategic digital infrastructure for modernizing the labor market and enhancing human capital development in Uzbekistan. Recommendations are proposed for ensuring ethical, transparent, and human-centered AI deployment in HRM.

Ways to Improve the Financing of Innovative Activities of Entrepreneurial Entities

2025-11-30T12:09:49+00:00

The article presents a scientific-theoretical and practical analysis of the issue of financing the innovation activities of business entities. Based on the results of the analysis, scientific and practical recommendations have been developed to improve financing the innovation activities of business entities.

Tourism in the Field of Education and Scientific Research Tends to Diversify

2025-11-30T12:46:51+00:00

In the global panorama of touristy it is a sector that has grown considerably, especially as the networks for scientific research and education significantly contributed to the diversification of the tourism space. Due to its ability to influence international trade and its capacity to promote social and cultural integration, tourism has increasingly been identified as a key sector for economic growth. The tourism sector in Uzbekistan has been recognized as strategic by the government with an emphasis on raising the quality of education and training specialists to match the requirements of a rapidly growing industry. Yet the system has such an elaborate system of learning framework that not bridging the disparity between market needs and education systems. Although the conceptual underpinnings of sustainable tourism and professional tourism education have been firmly established, theoretical research on tourism education diversification in response to market requirements and qualifications of tourism personnel, are still scarce. The paper seeks to investigate the diversification attentions of tourism education and its responsiveness estimate this industry force, including sustainable tourism and professional training. As such, the key results further emphasise the need for diversification in tourism education at the pre-university to higher education and professional development levels. The analysis cited the need for more tailored training programs and for a closer alignment of educational systems with the needs of industry. The paper presents the idea of combining professional training in tourism with the international requirements of sustainable development and the needs of the tourism labor market of Uzbekistan. This research would also help the policymakers, educationists, and tourism industry stakeholders create a holistic educational landscape towards bridging the gap and creating an element of a more competitive and sustainable tourism sector.

The Role of Marketing Strategies in Enhancing the Economic Development of Beekeeping Enterprises

2025-11-30T14:52:14+00:00

This article examines the role of historical traditions and the economic, social and legal conditions that influence the development of beekeeping enterprises. Particular attention is given to effective marketing strategies that can enhance the sector’s competitiveness and sustainability. The study reviews the views of domestic and international scholars, explores the global honey production and export landscape, and analyses the Republic of Uzbekistan's regional performance in this field. Furthermore, the volume and dynamics of honey production are assessed, and the author presents their conclusions based on analytical findings and economic evaluation.

Effective Use of Eno-Tourism Resources in Our Country, Its Current State and Development Prospects

2025-11-30T15:30:28+00:00

This article examines the potential, prospects and practical significance of wine tourism in Uzbekistan. Wine tourism is closely related to gastronomic and agrotourism, and is closely linked to the climatic, geographical and historical potential of the country. The article provides recommendations for the development of wine tourism in Uzbekistan, based on world experience. These include the following main areas: planning wine destinations, planning wine festivals, creating marketing plans, improving infrastructure, supporting regional producers and training qualified workers. Legislative restrictions, insufficient infrastructure and lack of branding are simultaneously taken into account. The results show that the development of wine tourism is an important factor in the development of the tourism sector of Uzbekistan, as well as the economic activity of rural areas and strengthening its international image.

Linguocultural Analysis of Some Place Names (Toponyms) in Gafur Gulyam's Story "Shum Bola"

2025-11-30T15:45:24+00:00

The article examines the linguistic sources of Gafur Gulom's story "Shum bola" that is, the relocational characteristics of the above toponyms. Names of places (cities, neighborhoods, villages, marketplaces, hydronyms) and this source was evaluated as a significant and valuable source to reconstruct the history and geography of the Tashkent oasis in the early 20 century. During the research process, scientifically based explanation of the etymological structure of the toponyms, their correlation with the lifestyle of the peoples, the profession system, traditions, and cultural memory is given. And also, the linguocultural importance of toponyms in revealing inter-social relationship, craft centers, the trade system, and the urban structure of old Tashkent is disclosed on the example of neighborhood names, excluding Kokterak, Chuvalachi, Qoplonbek, To'qli jallob, Eshonbozor. The finding of this article exhibits why we should study the story the Naughty Boy not only as a piece of literature, but issues concerning ethnography, history, and onomastics. A scientific conclusion is substantiated about the possibility of building a historical dictionary of the toponymy of old Tashkent by the above-mentioned toponymic units.

The Concept of Innovation Activity in Tourism and Its Significance

2025-12-01T11:44:56+00:00

The need for innovations in tourism and importance of innovation activity is the focus of this study, which is a natural and urgent process of development for competitiveness and sustainability of tourism. At the present stage of development of the global market, accompanied by a growing competition of destinations, innovation has become the engine of economic growth, improvement of the quality of service and diversification of tourism products. The objective of the study is to determine how modern innovation-based approaches should be used as tools for developing new services with modern management processes providing considerable sustainable socio-economic effects on the regional economy. The research method is the comparative analysis, systematization of existing scientific literature, and an assessment of current trends in tourism innovation. Emphasis is placed on digital transformation and use of emerging technologies, as well as on modern tourism infrastructure. Besides, the impact of innovation management on enhancing organizational effectiveness and minimizing operational risks in tourism agencies is also discussed in the study. The results show that innovative activity influences not only economic results (increased revenue, number of jobs created, and enhanced resource utilization) but also reinforces the social importance of touristic activity at the service level, manifesting as increased safety, accessibility, and consumer happiness. The melt of the innovative analysis reveals the essential needs of product tourism creation in competitive environment, marketing destinations in the atmosphere of the global consumer market, and adoption to constantly changing consumer preferences and external marketing environment variables. The research ends with a final thought that in order for innovative development of the tourism sector to succeed, tourism sectors need to implement well-integrated, scientifically grounded and efficient management process, along with investment, technological modernization and balanced policies at the national and regional levels. Such measures are necessary for sustainable tourism development and will contribute to long-term competitive advantages.

Gоldеn Rulеs fоr Sеrving аnd Рrоviding Sеrviсеs tо Сustоmеrs with Sресiаl Nееds

2025-12-01T11:55:06+00:00

Thе grоwth оf inсlusivе есоnоmiс sуstеms hаs highlightеd thе imроrtаnсе оf еnsuring еquitаblе ассеss tо sеrviсеs fоr сustоmеrs with sресiаl nееds. Асrоss hоsрitаlitу, tоurism, trаnsроrtаtiоn, еduсаtiоn, hеаlth sеrviсеs, bаnking, аnd рubliс аdministrаtiоn, оrgаnizаtiоns inсrеаsinglу rесоgnizе disаbilitу-inсlusivе sеrviсе dеlivеrу аs аn indiсаtоr оf sосiаl rеsроnsibilitу аnd lоng-tеrm соmреtitivеnеss. This аrtiсlе еxаminеs “gоldеn rulеs” fоr sеrving сustоmеrs with disаbilitiеs—inсluding рhуsiсаl, sеnsоrу, соgnitivе, аnd hiddеn disаbilitiеs—аnd аnаlуzеs hоw оrgаnizаtiоns саn dеsign ассеssiblе еnvirоnmеnts, соmmuniсаtiоn strаtеgiеs, stаff trаining рrоgrаms, аnd tесhnоlоgу-bаsеd sоlutiоns. Drаwing uроn intеrnаtiоnаl litеrаturе, glоbаl оrgаnizаtiоnаl frаmеwоrks, аnd rеаl-lifе еxаmрlеs, this рареr оutlinеs а соmрrеhеnsivе sеrviсе mоdеl. Quаntitаtivе аnd quаlitаtivе аnаlуsis оf саsе studiеs frоm thе Unitеd Stаtеs, Еurоре, аnd Сеntrаl Аsiа dеmоnstrаtе hоw inсlusivе sеrviсе strаtеgiеs inсrеаsе сustоmеr sаtisfасtiоn, соrроrаtе rерutаtiоn, аnd finаnсiаl оutсоmеs. Thе findings оffеr а struсturеd sеt оf guidеlinеs аnd рrасtiсаl rесоmmеndаtiоns fоr оrgаnizаtiоns sееking tо аdорt inсlusivе sеrviсе stаndаrds.

Enhancing Cooperation Between Science and Production in Higher Education Institutions as A Key Factor for Increasing the Competitiveness of the Educational Services Market

2025-12-03T14:29:51+00:00

This article examines the affordability of the educational services market through the proliferation of science and industry interaction in higher education in Uzbekistan. The role of sci-tech advancement for economic growth through the highly productive nature of the education system and the increasing quality of higher education is becoming more valuable. That's why the cooperation of educational institutions with science and production is an important component of increasing the competitiveness of the educational services market. The need, as well as the importance of collaboration between science, education, and production in the context of improving the competitiveness of the economy and education of the country are considered in the article. It also examines the policies and measures set in Uzbekistan by governmental bodies to improve these integration activities, that aim to tightly link scientific and educational processes with the industrial sector and establish innovation advancement directions.

Integration of Corporate Culture and Industrial Efficiency: a Comparative Analysis of Uzbekistan’s Regions Using Digital Technologies and Artificial Intelligence

2025-12-03T14:44:46+00:00

The impact of corporate culture on industrial effectiveness in the regions of Uzbekistan, with the example of the Khorezm region. Based on official data of 2017-2024, the research focuses on output, cagr, regional ratings and structure throughout the country. Although Khorezm only ranks mid-tier nationally (9th-11th) regarding industrial capacity, it is also attaining one of the highest industrial growth rates (CAGR ≈ 26.9%) in this coming period, indicative of a catch-up development model set in motion. It posits that reliance on modernisation or investment flows alone will not deliver sustainable industrial performance unless firmly rooted in institutional frameworks. Corporate culture-embodied in the managerial discipline, the employee engagement, the alignment of organizational values, and the communication impact-is the secret sauce that turns investments into sustainable competitive advantages. The methodology combines the classical economic and statistical analysis with digitalization including data science tools and some aspects of artificial intelligence to improve detection of patterns and provide a better interpretability of the regional development trends. The results show that countries with more mature institutional conditions and standardized management practices have an advantage over others, despite the similarity in resource base. This study provides practical implications for regional industrial policy by suggesting that corporate culture must be reinforced; human resource (HR) systems should be improved; lean production should be adopted, and digitalization should be expanded. Such actions are crucial to enhance industrial competitiveness and regional sustainability.

Innovative Approaches to Assessing the Effectiveness of Using Investment Resources in Regional Business Entities

2025-12-04T08:31:57+00:00

This in the article territorial entrepreneurship in subjects investment from resources effective use issues Namangan province in the example of analysis will be done. Last in years economic liberalization, financial institutes activity increase and investment of the policy modernization small and middle business to the subjects investment resources attraction to grow opportunities expanded. However in practice investment of projects return level, capital rotation speed and from resources use efficiency regions in the section noticeable at the level difference is doing. In the research investment from resources use efficiency assessment for integral indicators system formed and dynamic analysis based on 2017–2024 between trends was studied. Also, small in business investment activity in evaluation profitability, investment profitability index (IRI), capital rotation coefficient and investment efficiency index (ISI) indicators applied. Results this shows that investment from resources reasonable use entrepreneurship of subjects financial stability increasing, regional economic activity strengthens and innovative to projects investment input for basis creates.

Specialization of Agricultural Cooperatives and Prospects for the Development of Cooperative Relations

2025-12-04T19:36:33+00:00

This paperanalyzes the function ofagricultural cooperatives in promoting farmers economic efficiencyand integration into markets. Using a two-stage analytical framework, the first stage involves estimation of farmers’ cooperative membership probability by logit regression model and second stage due to assessment of income following such membership is achieved by Ordinary Least Squares (OLS) regression. The results suggest that financial security, access of technological resources, exports profitability and knowledge about the benefits from cooperative participation positively influence the odds of being a member; while distrust negatively impacts them. The agricultural cooperatives in turn play their role in resource pooling, access to financial and technical resources; they could provide systemic arrangements for production and marketing activities, that would ultimately improve the competitive edge of the farmers within domestic as well as international markets. They conclude that being member to cooperatives might be linked to higher mechanization, growth in income and access to market. Both logit and OLS estimations confirm the argument that cooperatives are very essential institutional arrangements which serve as channel to integrate small- and medium-held farmers into wider market networks as well as part structures and agencies of development in support of sound socio-economic livelihood. Export participation, financial solvency and technical support emerged as leading factors of member livelihood growth. Therefore, the favorable environment that would encourage and guide the formation of agricultural coops should be a focal concern in our theory of agricultural policy. Furthermore, the analysis estimates that production efficiency could rise by 18–22%, and average incomes by approximately 30% if at least 60% of farmers in the agricultural sector become members. Membership in cooperatives also helps to reduce the risks that arise from logistics issues, quickens the process of exports and facilitates pre-pricing contracts on a contract basis all of this results in the reduction of economic risks for farmers. Agricultural cooperatives, on the whole, are indispensable for generating rural employment and maintaining economic sustainability, providing linkages to market and sustainable agricultural development through aggregating numerous fractured smallholdings into consolidated competitive market entities.

Development of Circular Economy in Service Enterprises

2025-12-06T12:10:02+00:00

This article is devoted to the study of theoretical and practical aspects of implementing the principles of a circular economy in service enterprises. The main objective of the study is to identify the opportunities for developing a circular economy in the service sector and its economic and environmental efficiency using the example of the Bukhara region. The article studies the place of service sector in the modern economy, its significance for sustainable development. It discusses the contribution of the circular economy to the resource efficiency, waste reduction and ultimately environmental protection. The methodological framework of the analysis is statistical analysis, dynamic series analysis, determination of relative indicators and methods o f structural a nalysis. A database was the data of Statistics Committee of the Republic of Uzbekistan, reports and reports Bukhara Regional Department of Statistics, international organizations and scientific literature. The results of the study show that the service sector in Bukhara region demonstrated stable growth rates during 2020-2024. The volume of services increased from 9843.1 billion soums in 2020 to 34071.7 billion soums in 2024. In particular, rapid growth was observed in the accommodation and catering services sector. The article identifies the main economic and environmental benefits of introducing a circular economy in service enterprises: reducing waste by 30%; reducing costs by 20-25%; increasing resource efficiency; creating new sources of income; increasing competitiveness. The practical significance of the investigation is to enhance development strategy of service enterprises at the regional level, provide recommendations for waste reduction and effective resources use, offer insights on how to implement principles of circular economy in public-private partnership.

Analysis of the Market Conjuncture of Traditional Handicraft Products in the Bukhara Region

2025-12-06T12:25:23+00:00

This article provides an in-depth analysis of the market conjuncture of the Bukhara region’s handicrafts sector, with particular attention to the factors influencing the dynamics of demand and supply, examined through the interview method. The part of this study involved the semi-structure interviews with 50 artisans from G‘ijduvon, Vobkent, Shofirkon and the city of Bukhara. Data were collected on the types of products artisans manufactured, their production capacity, seasons of operations, advertising & marketing approaches, branding capabilities, and their perceived need for government assistance. The results indicate that while the Bukhara handicrafts market is evolving in conjunction with cultural heritage and tourism, there exists an ongoing need for better marketing, branding, digital trade, and financial resources. The research highlights market development possibilities based on PESTLE and SWOT assessments and strategic options are recommended.

Economic and Social Priorities for Expanding the Tourism Services Sector

2025-12-07T03:39:59+00:00

Tourism services are integral to economic development, contributing to GDP, employment, and infrastructure. This article explores the socio-economic impact of tourism services, with a focus on Uzbekistan's role in a globalized, competitive economy. Despite the sector's growth, there is limited research on optimizing tourism services to maximize their economic benefits. Using qualitative methods such as literature review, case studies, and expert interviews, the study examines the role of tourism services in Uzbekistan. The findings show that tourism offers significant opportunities for economic diversification, foreign exchange earnings, and cultural promotion. However, challenges exist in adopting digital technologies, attracting investment, and ensuring sustainability. The results highlight that tourism services stimulate economic growth, create jobs, improve living standards, and foster small businesses. The sector also enhances national competitiveness on a global scale. The study's implications emphasize the need for targeted policies, improved infrastructure, and investment to support sustainable tourism development. Future research should focus on the effects of digitalization and innovation in the tourism services industry.

Analysis of Factors Affecting Legume Crop Yields

2025-12-08T10:03:05+00:00

The article examines the issues of scientific analysis of factors affecting the cultivation of legume crops and determining the degree of their influence. The research provides a systematic review of the classification of legume species, as well as the economic, natural-ecological, and organizational aspects of their cultivation. The importance of legume crops in food security, soil fertility and climate change adaptation is evident. On the basis of the research findings, more attention to legume crops cultivation is required for their economic benefits which offer potential for export and sustainable agro-ecosystem. The results suggested the necessity to establish developing strategies for LFS and targeted planting patterns by area.

Core Scientific and Methodological Principles for Providing Government Support to Agricultural Enterprises Using Innovative Management Strategies

2025-12-08T11:45:11+00:00

This paper examines modern approaches and methodological principles for forming effective state support mechanisms for agricultural enterprises based on the concepts of innovative management, with a particular focus on the current reforms and development priorities of Uzbekistan. Special attention is given to state-led initiatives in technological modernization, digital agriculture, water-saving innovations, and sustainability-driven transformation. The study applies methods of system analysis, comparative evaluation, structural-logical modeling, statistical analysis of national agricultural indicators, and expert assessments from specialists in agribusiness and agricultural policy. The results demonstrate that innovation-oriented state support in Uzbekistan significantly increases productivity, resource efficiency, and sectoral resilience. However, challenges remain, including water scarcity, limited access to modern technologies for small farmers, insufficient funding, fragmented innovation infrastructure, and a shortage of qualified digital and agritech specialists.

Prospects for the Development of Small Business and Private Entrepreneurship in Expanding Women's Sustainable Employment

2025-12-09T15:41:39+00:00

This article analyzes the role and significance of small business and private entrepreneurship in ensuring women’s sustainable employment in Uzbekistan. The study examines the ongoing measures aimed at increasing women’s economic activity, encouraging their participation in entrepreneurship, creating new jobs, and promoting socio-economic stability. The work also emphasizes the possible areas of development of small business and private entrepreneurship innovative start-ups, microfinance services, education and trainings for women. Practical recommendations are formulated to enhance national programs to increase the extent of women s sustainable employment and strengthen gender sensitivity of the labor market.

The Role of Small Businesses in Sustainable Development of Rural Areas

2025-12-10T04:22:21+00:00

The world experience of socio-economic development of states and their territories, including villages, is a clear evidence and confirmation of the importance and role of the small business sector in society in ensuring socio-economic development and socio-political stability. In almost all economically developed countries of the world, this sector represents the middle class, which is the basis for the sustainable development of the entire national economy and the economy at the local level, because it is the leading segment that contributes to the supply of goods and services to the market, the creation of new jobs and the reduction of unemployment.

Budget Rules As A Means of Ensuring Macroeconomic Stability: Theory, Practice and Prospects for Uzbekistan

2025-12-13T15:54:46+00:00

At a time when the Uzbek economy is still dominated by natural resource revenues, this study explores how well constructed budget rules can provide an anchor for macroeconomic stability. While widely used internationally, Uzbekistan's existing fiscal rule suffers from several shortcomings, include a lack of medium-term planning and independent monitoring and evaluation. This breeds unpredictability and reduces the value of the strategies currently employed. After identifying international best practices in relative terms to the IMF standards and the experiences of the most prominent Fiscal Councils of the UK, Ireland and France, the article compares these normative practices with the legal and institutional environment in the Republic Uzbekistan. The results include variations in the Budget Code, informal rules on deficits, expenditures and revenues, and insufficient expert review process in the medium-term Fiscal Strategy. Independent Fiscal Councils help improve forecast accuracy, transparency, and discipline features Uzbekistan lacks, but for which there is evidence too. The study argues that in view of this evaluation, the Budget Code should be better aligned with medium-term needs, modern budget rule mechanisms (including temporary deviations) be adopted; and an independent Fiscal Council be instituted to promote credible oversight. Improving fiscal resilience with these measure would introduce risk reduction and allow long-term sustainable economic development to take place in Uzbekistan.

Forecasting Gross Yield in Agriculture Using The Arima Model: The Case of Cereal Crops

2025-12-13T23:52:58+00:00

Forecasting gross yield in agriculture, particularly for cereal crops, using the ARIMA (Autoregressive Integrated Moving Average) model has become a vital tool for agricultural planning and risk management. The ARIMA model is adept at analyzing time series data, allowing for the identification of trends and seasonal patterns in crop yields. In recent studies, ARIMA has been successfully applied to predict cereal crop yields over various time frames. For instance, forecasts indicate that cereal crops are expected to show increasing trends from 2020 to 2030, highlighting the model's capability to capture underlying growth patterns in agricultural production. The model's strength lies in its ability to incorporate historical yield data, which helps in making informed predictions about future outputs. This is particularly important in regions where agricultural productivity is influenced by climatic variations and market dynamics. By utilizing ARIMA, farmers and policymakers can better anticipate yield fluctuations, enabling them to implement strategies that enhance food security and optimize resource allocation. Overall, the application of the ARIMA model in forecasting cereal crop yields not only aids in understanding potential agricultural outputs but also supports the development of effective agricultural policies and practices.

Modeling The Interaction of Economic Security Indicators of Countries

2025-12-14T16:02:38+00:00

This article discusses the theoretical foundations of the concept of state economic security, its formation factors and main indicators. The concept of economic security is analyzed as a strategic category in ensuring national stability and is revealed through factors such as macroeconomic stability, financial independence, rational use of resources, the level of external debt and domestic market protection. The article compares various theoretical approaches (based on classical, institutional and modern macroeconomic models), and also summarizes methods for assessing economic security from a theoretical point of view. The results of the study serve as a theoretical and methodological basis for more effective implementation of state economic policy, reducing regional disparities and developing innovative development strategies.

Foreign Practices in Export Financing

2025-12-15T14:13:33+00:00

This article provides a comprehensive analysis of the theoretical foundations and practical mechanisms of export financing, with particular attention to the successful experiences of economically advanced countries such as the United States, Germany, South Korea, Japan, and China. The article investigates export credits and insurance instruments, state guarantees, interest rate subsidies, and dedicated export–import banks used to cushion exporters and to mitigate international risks. In addition to this, the document provides a detailed analysis of the Export financing in Uzbekistan, Current problems of export financing, the demand for modernization of financing mechanisms in Uzbekistan through Digital technologies and Innovative Economic Instruments are discussed. It outlines research findings on global best practices for tailoring success to national economic circumstances to adapt ways to strengthen capacity to export, manage risk, maintain export health and facilitate greater participation of SMEs in global trade.

Capital Risk Management of Commercial Banks in The Context of Digital Transformation

2025-12-15T14:27:04+00:00

This article provides an in-depth theoretical and empirical study of the impact of digital transformation processes (digital banking, artificial intelligence (AI), big data, blockchain, and open banking) on the capital risk management system of commercial banks. Within the framework of Basel III/IV requirements, the impact of credit, market, operational, liquidity, and emerging digital risks (model risk, cyber risk, third-party risk, and concentration risk) on Risk Weighted Assets (RWA) and Capital Adequacy Ratio (CAR) indicators is analyzed. The effectiveness of RegTech (Regulatory Technology) and SupTech (Supervisory Technology) solutions is evaluated on the example of international (European and US banks) and Uzbek commercial banks. As a scientific innovation, an expanded Standardized Measurement Approach (SMA) model for calculating operational risk in the conditions of Uzbekistan is proposed, which necessarily takes into account digital risks (cyber factor, model risk, and third-party factor). The empirical analysis is based on data from 50 international and 15 Uzbek banks for 2022–2025, and the results are proven through regression models (OLS and panel data). The results show that digital transformation can increase RWA by an average of 18–25%, but the proposed model can maintain capital adequacy at a stable level of 1.5–2.2 times.

Priority Strategies for Strengthening the Integration of Science and Innovation in the National Economy

2025-12-15T14:44:55+00:00

The article provides an in-depth analysis of the processes aimed at shifting Uzbekistan’s national economy toward an innovation-based development model. Ongoing reforms and emerging institutional frameworks are examined, while the current state of innovative activity is assessed. Key obstacles hindering innovation progress are identified, and practical policy recommendations are proposed to enhance the effectiveness of innovation development.

The Impact of the Level of Economic Development on Household Income

2025-12-16T04:32:04+00:00

This study empirically examines the impact of economic development on household income. The main objective of the research is to identify the interrelationship between regional economic growth indicators and household income, as well as to assess the effect of economic development on income inequality. Statistical database for Surxondaryo region from (2018–2024) was compiled during this study based on multiple regression analysis as well correlational analysis diagnostic tests, and results were analyzed using STATA software. The results show that economic development positively affects rising household income across the Surxondaryo region, although there continue to be regional divides. The results have both theoretical and practical implications for the improvement of regional economic policy, population well-being, and income distribution.

The Theoretical and Methodological Foundations of Investment Programs in The Socio-Economic Development of A Region

2025-12-17T09:05:35+00:00

This paper contains a theoretical and methodological analysis of the place and role in regional socio-economic policy of investment programmes. Firstly, I review the economic schools and theoretical considerations which have approached investment processes focusing on regional development. It also adds to our understanding of how investment programmes influence regional economic growth, and are modernising production infrastructure and organisa tionofthe social sphere. This article presents the scientific grounds of investment programs for interregional differences, employment promotion and to secure effective development of economic potential activities in regional space. The findings of the study indicate that there is a greater need for a wider dissemination on an investment programme forecasting in formulating policies concerning regional development. The article theoretically-methodologically substantiates the essence and importance of investment programmes in socio-economic regional development. For this purpose the first step is a review of the principal economic schools and theoretical groups that have analysed the effect that investment processes have on regional growth. The latter is then confirmed by the regional economic growth, production infrastructure modernization and social sphere development mechanism of the programme-oriented financing. The studies show the underlying rationale for investment programmes aimed at reducing interregional disparities, increasing employment and achieving more efficient use of economic resources, as well as promoting sustainable regional growth.

Analysis of Interacting Factors in Medium-Term Forecasting and Planning of Government Budget Revenues

2025-12-17T13:50:46+00:00

This dissertation develops and substantiates an improved methodological framework for medium-term forecasting and planning of state budget revenues. The study combines institutional analysis with econometric and scenario-based approaches to reduce forecast uncertainty, improve fiscal sustainability, and strengthen evidence-based budgeting. Using official macroeconomic, tax-base, and regional indicators, the research evaluates key drivers of revenue dynamics and proposes practical mechanisms for integrating data systems into forecasting workflows. The findings support policy recommendations to enhance forecast accuracy, transparency, and performance-oriented budgeting in Uzbekistan.

Improving the Methodology for Assessing the Collectibility of Taxes

2025-12-17T16:21:03+00:00

This article dwells on the scientific and practical strategies in enhancing the methodology of evaluating tax collectibility. It examines the crucial aspects involved in tax revenue stability and prognosis, which is paramount in the stability of the state. The article demonstrates the significance of assessing the tax collectibility based on current indicators, economic issues, the standard of tax administration, the influence of the shadow economy, and the behavioral characteristics of taxpayers. An analysis of existing methods of tax collectibility assessment is also provided, and their weaknesses and strengths are outlined. The ambiguities in the level of assessment of the tax base, the completeness of statistical information, the extent of tax incentives, as well as the increase in tax arrears, are considered particularly because they influence the validity of the collectibility indicators significantly. The paper also focuses on global practices and suggests the methods of applying the practices to the domestic environment. Moreover, it also focuses on the incorporation of new strategies, such as using digital methods to identify taxpayers, administering tax data through single-electronic systems, and implementing automated tools to evaluate tax risks. The article ends with the elaboration of a better methodological model of measuring the tax collectibility, which is the integration of economic, institutional, and administrative indicators to maximize tax policy, maximize the effectiveness of tax collecting entities, and stabilize the budgets. The results can be used to develop theoretical insights in future studies of tax system development.

The Activity of Light Industry Enterprises and the Specific Characteristics of Modern Management in Them

2025-12-18T06:58:19+00:00

The further development of light industrial enterprises depends on the level of utilization of their resources and the organization of the use of modern management in management activities. The article analyzes the modern concepts of management in light industrial enterprises from the theoretical and practical point of view. Ways to improve the efficiency of light industrial enterprises in the conditions of changes are defined. The literature in which many studies have been conducted on management activities is cited in this article.

TITF-2025: Innovative Approaches in the Tourism Industry and Analysis Based on the Experience of the Stand Participant

2025-12-18T18:02:36+00:00

In the era of rapid globalization, changing competitiveness and the influence of smart specialization and tourism market digitalization of the tourism sector, international tourism fairs have transformed from traditional places of destination marketing and branding into major marketing communication hubs, where a wide range of presentation tools are applied by stakeholders to communicate with the target segments. Using the author as a participant observer of Tashkent International Tourism Fair TITF 2025, the study discusses on stand management, visitor interaction models, digital promotion instruments and integrated events such as gastronomy festivals and international tourism forums. By putting emphasis on empirical knowledge based on first-hand experience of the stand participants, existing research mostly addresses tourism fairs through theoretical, strategic and regional branding lenses, especially in the context of TITF. The purpose of the article is to analyse the innovative ways of presentation and exhibition applied at TITF2025 and to estimate their marketing, educational and practical values. Stand design, use of interactive technologies (e.g., VR tours and QR code-based information delivery), multimedia presentations, and quality of communication with visitors are identified as key determinants of exhibition effectiveness, as the results demonstrate. Moreover, the fusion of a tourism and gastronomy and OIC Tourism Forum brought tremendous added value to attracting visitors, promotion of regions, and international cooperation opportunities. This study is novel in that it is based on observations from direct participation, informed by pedagogical considerations, and connects tourism marketing practice and tourism education. The results point to the strategic importance of international tourism fairs, especially in terms of destination branding, digital transformation and experiential learning, with implications for the improvement of exhibition strategies, tourism marketing practices and educational curricula.

Scientific and Methodological Principles for Developing an Excursion Service Program

2025-12-19T06:07:22+00:00

This article analyzes the scientific and methodological principles used in the development of excursion service programs. It highlights the theoretical and practical aspects of planning the excursion process, forming its content, choosing a topic, compiling a route, and taking into account the specifics of the audience. The importance of innovative approaches and pedagogical and methodological foundations in improving the quality of excursion services in accordance with modern tourism requirements is also shown. The research results have important scientific and practical significance for improving excursion activities and creating effective excursion programs.

Development Trends and Characteristics of The Higher Education Services Market of Uzbekistan

2025-12-21T23:19:51+00:00

This article examines the dynamics, trends of higher education services market in Uzbekistan and the most important features of its development. The analysis presents statistical data on the change in the number of higher education institutions, the change in the number of students, the change in the form of study: full-time, evening, and correspondence, and the admission and graduation indicators for the period of 2018–2024. Special attention is paid to the strengthening of competition in the market of higher education services, the growth of activities of public and private higher education institutions, branches of foreign higher education institutions. We also assess the skew of higher education institutions across regions, the centralization level in the capital and regional centers, and an increasing demand for educational services in the regions. These study results build the foundation for reaching both scientific and practical conclusions concerning the provision of more balanced development of higher education services market, its increased competitiveness and human capital sustainability.

Analysis of Increasing the Financial Well-Being of the Population Through Poverty Reduction Projects

2025-12-22T02:05:43+00:00

This study aims to identify poverty at the mahalla level and improve the targeted financial assistance system. The purpose of the study is to form a ‘poverty profile’ for each mahalla, analyze the causes of poverty, and differentiate forms of assistance on this basis. The methodology uses differential, complex, and systematic approaches, and population categories are studied based on questionnaires and statistical data. Types of poverty are determined by factors such as unemployment, health, education, financial illiteracy, or debt. Appropriate assistance mechanisms have been developed for each profile. The study proposes a conceptual model that allows analyzing poverty at the mahalla level and effectively directing targeted assistance. This model serves to improve social policy at the local level.

The Socio-Economic Significance of Overtourism and Strategies for Mitigating Its Impact (2018–2024)

2025-12-23T08:39:22+00:00

Tourism is now a key factor in the growth of the global and regional economy; nevertheless, the sheer acceleration in the development of tourist flows has led to the emergence of the so-called overtourism phenomenon, which causes huge socio-economic pressures on destinations. This paper analyses the socio-economic importance of overtourism and evaluates strategies designed to curb the undesirable effects of overtourism within the timeframe of 2018-2024. Although there is an already existing literature that recognizes the advantages and disadvantages of tourism, there has still been a gap regarding the systematic association between economic benefits and social costs and policy efficacy of various destinations. In order to fill this gap, the article employs a comparative and qualitative approach to analysis by synthesizing secondary data on international organizations and scholarly research and recorded case studies in Europe and Asia. The indicators of economic parameters, housing markets, infrastructure load, quality of life, and the governance responses are analyzed. The results show that despite the significant role that tourism plays in terms of GDP, employment and fiscal revenues, there is overconcentration of the visitors resulting in increased cost of living, scarcity of houses, overload of infrastructure, social conflict, and the increase in susceptibility to external shocks. The measures, in the form of regulation of short-term rentals, taxes imposed on the tourist, visitor numbers, redistribution of space and seasons, reforms in destination management, have proven to be successful at least partially, especially when combined and not used independently. The findings suggest that quality-based policies in tourism that focus on quality but not quantity can alleviate the social pressure but leave the economic value. The paper concludes that to ensure sustainable tourism development, adaptive and data-driven governance and engagement of local communities is necessary. The implications can be applied to the policymakers who wish to strike the right balance between economic gains and social welfare and long-term resiliency of destinations.

In The Shadow of Financial Illiteracy: The Decline of Small Businesses and The Growing Debt Burden

2025-12-23T10:04:30+00:00

In Uzbekistan, the development of small and medium-sized enterprises plays a crucial role in state economic policy. However, insufficient financial knowledge and skills, inefficient use of credit resources, and improper risk assessment have led to a decline in the number of entrepreneurial entities and an increasing debt burden. This article analyzes these challenges and proposes solutions aimed at improving financial literacy based on the experiences of South Korea and Germany. High dependence on credit, a lack of personal savings, and a weak culture of financial planning among the population are identified as key factors hindering economic activity and the development of entrepreneurship.

Analysis of The Uzbekistan Commodity Exchange and Flour Trade on It

2025-12-23T10:59:11+00:00

In order to liberalize the economy and reduce administrative regulation in our country, to increase market mechanisms in the sale of highly liquid and monopolistic products, and to increase the level of transparency in stock exchange trading and to develop a healthy competitive environment, it is necessary to introduce modern information and communication technologies into the stock market. consistent measures are being taken.

Scientific and Methodological Foundations for the Development of Family Entrepreneurship in Mahallas of Uzbekistan: the Relationship Between Social Stability and Economic Growth

2025-12-23T14:56:31+00:00

This study examines the social and economic determinants of family entrepreneurship development in Uzbekistan’s neighborhoods (mahallas). The aim is to explore the connections between both family business models as well as women entrepreneurship and between the effective utilization of local resources as well as social stability. Using survey data from 412 mahalla leaders and family entrepreneurs, a quantitative PLS-SEM approach was adopted. AbstractResults suggest that social trust, collective action, resource consolidation and women inclusion can strongly contribute to the sustainability of family business. In addition, family entrepreneurship contributes to local economic development and reinforces social stability. The practical implications suggest that the results support policy improvements within the “Mahallabay” governance framework by guiding targeted interventions. The originality lies in proposing an integrated model that connects family entrepreneurship, women’s empowerment and local resource mobilization in the context of social stability and inclusive economic development.

The Urgency and Necessity of Developing Effective Management Strategies for Tourism Clusters in Uzbekistan

2025-12-25T11:10:09+00:00

The article provides a scientifically grounded analysis of the current state of tourism clusters in Uzbekistan, the main challenges in their management, and contemporary strategies for effective governance. Drawing on international best practices in tourism cluster management, it explores approaches to introducing professional cluster management, new forms of public-private partnerships in the sector, digital transformation, human capital development, and the principles of sustainable tourism. Practical proposals and recommendations are developed for creating effective management strategies for tourism clusters in Uzbekistan.

Assessment of The Development Processes and Indicators of Agrotourism in Samarkand

2025-12-25T13:43:07+00:00

The sustainable agritourism development has been increasingly recognized as an important means for rural economic diversification, employment creation and conservation of cultural and agricultural heritage. The development of agrotourism in the Samarkand region presented with its socio-economic opportunities, agricultural potential and tourism dynamics are studied in this article. The article uses a full analytical framework, which combines hard indicators like tourist inflow, service diversification, seasonal dynamics and income generation with soft factors such as institutional backing, digitalization and stakeholder cooperation. The findings suggest that the evolution of agrotourism development in Samarkand is imbalanced, new technologies are integrated inadequately and a weak coordination among market entities occurs. Meanwhile, the region shows it is ripe for growth with better quality of service, digital conversion and use of data-based management tools. Special emphasis is placed on the contribution of innovation, smart platforms and performance monitoring systems that support efficiency and sustainability.Such results can serve as evidence-based grounds for policymakers and tourism management professionals, which would enable them to develop a more focused approach to increasing agrotourism competitiveness and sustainable future development in the Samarkand region.

Experiences in Developing Pilgrimage Tourism in Foreign Countries and Their Potential Application in Uzbekistan

2025-12-25T14:10:54+00:00

The article analyzes the approaches to management, infrastructure, marketing, and service diversification used to develop pilgrimage tourism in foreign countries. Turkey, Saudi Arabia, Iran, Based on the experience of countries such as Turkey, Saudi Arabia, Iran, India, and Malaysia, mechanisms such as regulating pilgrim flows, digital services, organizing additional economic activities around sacred sites, and security management are examined. The analysis results will enable the development of practical proposals for the sustainable development of pilgrimage tourism in Uzbekistan, the creation of a favorable environment for pilgrims, the improvement of service quality, and the modernization of regional infrastructure.

Methods and Criteria for Assessing The Level of Innovative Activity of The Pharmaceutical Industry of Surkhandarya Region

2025-12-25T14:16:45+00:00

This study aims to develop robust methods and criteria for assessing the level of innovative activity within the pharmaceutical industry of the Surkhandarya region. The research employs econometric and economic-statistical models to quantify innovation performance and identify key determinants influencing innovation adoption. Novelty lies in the formulation of a comprehensive assessment framework tailored specifically to the regional pharmaceutical sector, which has been underrepresented in prior studies. The findings reveal current gaps in innovation activity and provide actionable insights for policymakers and industry stakeholders. Scientific proposals and recommendations are presented to enhance the innovative potential of local pharmaceutical enterprises, including strategies for technology adoption, research and development prioritization, and human capital development. The implications of this research are significant for both regional economic growth and the competitiveness of the pharmaceutical industry, providing a foundation for evidence-based policy and management decisions. This study contributes to the literature on regional innovation systems by offering a practical model for evaluating and fostering innovation in the pharmaceutical sector.

The Current State of Improving Service Quality in Tourism Enterprises of the Samarkand Region

2025-12-25T23:47:46+00:00

This article examines the development of the regional tourism market in Uzbekistan’s economy, focusing on Samarkand region as a key case study and analyzing the dynamics of tourism infrastructure and core indicators over 2020–2024. Using official statistical data, it highlights the sharp growth in the number of inbound and domestic tourists, tourism revenues, employment, accommodation facilities, transport services, food-service establishments, and tourism service providers, alongside the increase in UNESCO World Heritage sites and new tourism routes.

Methods of Effective Assessment of Tourist and Recreational Capacity in Uzbekistan

2025-12-25T23:52:59+00:00

There is a growing focus on tourism as a crucial component of regional development so it is necessary to use proven methods for evaluating tourism and recreation potential. In this regard, this study will suggest an integrated methodological approach for the assessment of tourism capacity on the regional level and apply it to the Samarkand region of Uzbekistan as a case study. Description: The assessment framework is based on a hybrid system and consumer-oriented approach that integrates economic, infrastructural, environmental and socio-economic indicators into a single integral index. Qualitative features were converted to quantitative scores based on a graduated scale, and GIS tools, and expert assessments were used to guarantee the spatial optimization and weighting of indicators. The findings demonstrate high regional differentiation of tourism development: the districts with diversified tourism types and developed infrastructure had the highest scores. It concludes that resource endowment is necessary but not a sufficient condition for successful tourism development and that factors such as accessibility, infrastructure and institutional support play an important role for the realisation of sustainable regional tourism development.

Relationship Between Tourism and Aviation

2025-12-29T08:58:29+00:00

The aviation industry is a complex system that plays an indispensable role in the global transportation of people and freight on scheduled domestic and international flight connections. It encompasses all units that actively participate in the execution of air traffic, such as airlines, airports and aircraft producers (Air Transport Action Group, 2014). Researches show that aviation sector is not only a major contributor to economic prosperity, but it also plays main role in the performance of related sectors such as tourism. Additionally, it allows people to conveniently travel around the world and reach their target destination within the shortest time.The paper examines relationship between tourism and aviation. Qualitative research methodology is used to analyze the data.

The Influence of National Culture and Sociocultural Factors on Foreign Tourist Behavior in Uzbekistan: Challenges and Implications

2025-12-31T16:31:57+00:00

This paper studies the effect of national culture and socio-cultural factors on behavior of overseas tourists in Uzbekistan. Surveying 520 tourists and conducting 25 in-depth interviews, the study finds that hospitality, cultural authenticity, national cuisine and interaction with people are the most significant factors for tourist satisfaction. Meanwhile, some hurdles also come to light such as the environmental question, transport difficulties, digital access obstacles and a mismatch between expected levels of service quality and its realized level. The research shows that cultural and historical legacy (68% of tourists are ready to come back to Uzbekistan) is still the most competitive factor for Uzbekistan. The article suggests specific practical initiatives for the development of tourism infrastructure, including the culturally adapted service provision, digitalization and a system “Tourist Taxi Uzbekistan”. The findings offer a scientific foundation for improving the competitiveness and sustainable development of tourism industry in Uzbekistan.

Push and Pull Motivations for Participation in Adventure Tourism: Foreign Tourist Perspectives

2026-01-04T02:32:25+00:00

Adventure tourism has a significant impact on visitor motivation and sustainable tourism development. People who like physical activities have been particularly drawn to adventure tourism in recent years. Adventure tourism is a valuable economic asset in the context of sustainable development. Adventure tourism contribute to the local economy by strengthening links and raising local people’s living standards. Furthermore, those involved in adventure tourism stand out with tourist motivations such as being generally healthier, more financially affluent, having a better education, and having a greater burning desire for novelty, escape from daily life, and authentic experiences that can be had in natural sites. The purpose of this research is to find out why visitors desire to participate in adventure tourism, and to give recommendations for tour operators to improve adventure and promote sustainable development. In-depth qualitative interviews with foreign tourists revealed main, secondary, and tertiary motives for adventure tourism and sustainable development. Based on these findings, a conceptual theme of adventure tourism is proposed to guide future research and activities that promote sustainable development.

Development Trends of the Tourism Market, Current State of Supply and Demand for Tourism Products

2025-11-28T13:53:54+00:00

“Tourism demand is defined as the total number of people who travel or are willing to travel to places away from their usual environment to enjoy tourist attractions, tourist products and services.” It represents the ability and willingness of tourists to purchase tourist services at a given time. “There are other types of demand, namely, effective demand is the actual number of people who travel, while latent demand is the number of people who want to travel but are limited by factors such as economic conditions or lack of access.” Tourism demand is very elastic and is affected by economic, social and psychological factors, and due to the influence of these factors, tourist demand also fluctuates.

Innovative Strategies and Practical Measures for Advancing Digital Education Effectiveness

2026-01-05T01:32:09+00:00

In the 21st century Digital tools are increasingly considered as essential elements in current education systems that greatly influence teaching and learning. Digital education opens up possibilities for flexible, interactive, learner-centred instruction and helps to develop students’ abilities to think critically and work with information. This paper investigates the contribution of Digital Technologies in improving learning process, by focusing on its advantages as well as obstacles, and how best to integrate them successfully. To scale the successful eLearning initiatives already in place, specific attention is given to enable teachers’ digital skills development, improve technological infrastructure, promote digital literacy and ensure data security as key prerequisites for sustainable digital transformation. In the context of Digital Uzbekistan 2030 Program for the digital modernization of education is defined as one of strategic priorities aimed at enhancing educational quality and promoting creative learning environment. The implications of this study aid in developing the easily accessible, effective and technological upgraded educational system.

The Impact of Applying The Principles of Sustainable Tourism Development on Promoting Accessible Tourism in Hotel Establishments (Rihana Karbala Hotel as a model)

2026-01-07T13:49:11+00:00

According to this study, the researcher attempts to analyze the influence of applying the philosophies of maintainable tourism progress in relation to the supporting tourism manageable in guesthouse establishing. Such a symbol addresses the issue of the study as investigating the associated bond among such models especially according to a perspective of the hotel performs. This study is a practical investigation of the Rihana Karbala Hotel to be the case study that maybe more than 150 residents in need for the accessibility facilities as those of ill health, the old people or families of kids to be sample of studying by scholars. So, it implies that there is a binding relationship between supportable holiday business growth with available travel, as well as the chance which study investing the encouraging financial prospect with momentous development prospective. As a result, this study praises approving all-encompassing project, advancing manageable knowledge, as well as connecting liveliness effectiveness investments to the funding of wide-ranging facilities.

Current Issues of Classification and Distribution of Expenses in Railway Transport Holdings under IFRS

2026-01-08T22:34:33+00:00

The current difficulties in classifying and allocating expenses within railway transport holdings under International Financial Reporting Standards (IFRS) are examined in this article. The complexity of cost structures rises as international railway companies diversify and grow, necessitating strong accounting frameworks to guarantee compliance, comparability, and transparency. The distinction between capital and operating expenses, the handling of joint costs in multifunctional units, and the effect of IFRS 16 on rolling stock and infrastructure leasing agreements are some of the major issues that have been identified. The study also looks at discrepancies brought about by varying interpretations of expense categories, the integration of digital asset investments, and the implications for financial performance reporting.Based on case studies and regulatory analysis, the paper provides practical solutions for standardizing expense classification and enhancing the consistency of cost allocation methods across railway transport holdings. The findings encourage improved financial reporting practices and provide guidance to legislators, financial managers, and auditors in the transportation sector.

Adventeges of Implementing Digital Technologies in Hotel Services

2026-01-12T01:43:17+00:00

The accelerating integration of digital technologies has reshaped operational models and service dekivery mechanisms within the hotel industry. Rather then focusing on individual tools, this study exsplores the systemic advantages of digital transformation in hotel services by examining its influense on customer experience, operational coordination, marketing precision, and environmental responsibility. Using a qualitative analytical approach grounded in secondary data and comparative industry practices, the research indetifies how artificial intelligence, IoT-based systems, contactiess service platforms, and smart energy solutions contribute to efficiency gains and strategic differentiation. The findings suggest that digitalization not only enhances service responsiveness and cost control but also reinforces sustainable practices and long-term brand positioning. By linking digital innovation with sustainability and marking effectiveness, the study offers a holistic perspective relevant to hotel managers and policymakers seeking resilient development strategies.

Comprehensive Assessment of the Tourism Potential of the Bukhara Region within the Framework of the Sustainable Development Strategy

2026-01-15T04:56:05+00:00

The article is devoted to a comprehensive assessment of the tourism potential of the Bukhara region within the framework of a sustainable development strategy. The study examines various approaches to defining and measuring tourism potential, analyzes the strengths and weaknesses of the regional tourism market, and identifies key factors influencing the development of the industry. Particular attention is paid to the quality of tourism services, professional training of personnel, and infrastructure development. It is noted that, despite external challenges, the region’s tourism sector demonstrates positive dynamics, while existing problems can be addressed through the implementation of strategic programs, cluster development, and diversification of tourism offerings.

Analysis of The Formation of Competitiveness of The Tourism Sector in Uzbekistan

2026-01-19T22:00:26+00:00

Improving the competitiveness of the tourism sector is an important factor in the transformation of the country, where the tourist flow is characterized by rapid growth. The purpose of the research is to determine the key subindices of competitiveness in the tourism industry of Uzbekistan, their relationship with demand in the tourism market, and to identify the country's potential for ensuring the sustainable development of tourism. To analyze the main subindices, Uzbekistan's tourism and travel industry's strong, medium, and weak aspects were identified through expert analysis according to TTDI. Research into the methodology for assessing competitiveness in tourism has made it possible to identify the current state and trends in the development of the tourism market. The practical significance of the research lies in the fact that its results can be directly used in the activities of the structural subdivisions of the State Committee of the Republic of Uzbekistan for Tourism Development in developing proposals for improving the methodological foundations of increasing the competitiveness of domestic tourism products in the context of an innovative economy. Based on the socio-economic indicators of tourism development in Uzbekistan and the international rating, a SWOT analysis was conducted, which allowed for the development of proposals for the strategic development of the tourism sector.

Digital Innovation for Sustainable Tourism Development: A Global Perspective on Technology Integration

2026-01-20T14:33:32+00:00

This study analyzes the global experience of applying innovative technologies in the tourism sector, examining the implementation and impact of artificial intelligence, Big Data analytics, virtual and augmented reality, blockchain, and smart tourism platforms. Using a hybrid methodology of systematic literature review and secondary data analysis using peer-reviewed journals and industry reports (2015-2024), the research examines the diffusion of technology in eleven countries within a comparative context which draws on innovation diffusion theory model and smart tourist ecosystem. Infrastructure readiness and human capital strongly determine the effectiveness of adoption across economic circumstances with concrete policy recommendations for emerging economies, such as Central Asia countries – both in relation to digital infrastructure investments, workforce sensibility with regard to new technologies or public-private partnership.

Subject: Enhancement of Financing Methods for Innovative Projects Within Business Entities

2026-01-19T06:16:15+00:00

This article is devoted to the issues of fundamental revision of the financing system of innovative activities of business entities and improvement of its methodological foundations. The study analyzed the specific characteristics of innovative projects - high risk, uncertainty, and long-term payback period of investments. Within the framework of the article, the shortcomings of existing financial instruments are revealed, and optimal models of financing innovative projects at different stages of their life cycle are proposed. Also, scientific and practical recommendations on increasing the efficiency of financing by attracting venture capital and public-private partnerships have been developed.

The Processes of Managing Competitiveness in Tourist Complexes and the Methodology for its Assessment

2026-01-24T00:52:24+00:00

Thus, tourist complexes emerged as a significant tool for regional economic development, job creation, and diversification of services. Tourism competitive advantage is uniquely fragile and, with intensification of competition in tourism markets, sustainable development of these complexes largely depended on competitiveness management efficiency rather than isolated strengths. Although an academic interest among tourism researchers has developed in recent years in the domain of tourism competitiveness, studies have primarily explored competitiveness at the single enterprise or destination level, and little analytical interest has shifted towards understanding integrated tourist complexes and the managerial mechanisms that influence their competitive behaviour. To fill this gap, the current study develops an integrated methodological framework for evaluating efficiency in tourist complexes management, as the case study. The research is grounded on a system of quantitative and qualitative indicators characterized by economic, social and organizational dimensions of competitiveness. This study used analytical, comparative and systematic methods for analysis to assess the impact of the management decisions on quality of service, efficiency of resources and the competitiveness of the tourist complexes. The results show that competitiveness is establishment by competing interaction contrast of economic efficiency, the improvement of quality of service provided, and the systematic coordination of marketing and organization. The findings support that fragmented or disconnected policies yield a weak impact, whereas aggregated management structures create greater and longer-lasting competitive benefits. The research emphasizes aligning managerial goals with performance metrics. The research can be applied in practice by providing an assessment framework for managers and policymakers, which they can apply to facilitate better informed decisions. The suggested procedure reduces management effectiveness, ensures the assertion of market strength, and the ability of tourist complexes to maintain their long-run competitiveness as market conditions change.

Financing Entrepreneurship is Essential for Creating Job Opportunities

2026-01-26T13:41:20+00:00

This research aims to explore the impact of entrepreneurship on the employment rate in the Republic of Uzbekistan. To explore the relationship between entrepreneurship and employment dynamics, this research examines how entrepreneurial activities influence job creation, job opportunities, and overall employment trends. Through a detailed analysis of a comprehensive dataset that includes various economic indicators related to entrepreneurship, such as business startups, self-employment rates, and factors of the entrepreneurial ecosystem, this study offers insights into how entrepreneurship affects employment. Entrepreneurial activities, including new business startups and self-employment, play a crucial role in job creation, especially in sectors driven by innovation, technology, and services. Moreover, entrepreneurship nurtures a dynamic and adaptable labor market, creating job opportunities and lowering unemployment rates. The study emphasizes the significance of supportive policies, access to financing, and a favorable regulatory environment in promoting entrepreneurship and its positive effects on employment. The findings underscore the importance of fostering and supporting entrepreneurial initiatives, offering resources and support mechanisms for startups, and cultivating an environment that promotes entrepreneurship. Entrepreneurial financing can stimulate employment growth, enhance competitiveness, and achieve sustainable economic prosperity.

Management of Communication with Clients in Local Hotels of Uzbekistan: The Role of ICT in Enhancing Guest Satisfaction

2026-01-23T14:18:59+00:00

In the context of rapid digital development, effective communication with clients has become one of the key determinants of competitiveness in the hospitality industry. Information and Communication Technologies (ICT) significantly influence how hotels interact with guests, organize service processes, and ensure customer satisfaction, particularly in emerging tourism destinations .This study examines the role of ICT in managing communication with clients in local hotels of Uzbekistan, with special attention to differences across hotel categories. The research adopts a qualitative approach and is based on semi-structured interviews conducted with hotel managers and international guests from three local hotels in Tashkent representing luxury, mid-scale, and budget segments. Results show a positive influence of ICT use on guest satisfaction/experience, operational efficiency, and guest service use. Also, the extent to which IT is adopted varies widely, not only by hotel type and financial strength, but also by the awareness of senior management. It was concluded that luxury hotels use sophisticated digital solutions to a greater extent, whereas mid-scale and budget hotels use more basic technological tools. But guest experience is not only determined by technological progress, but also by the behavior, attitude, and communication efficiency of the hotel staff. The novelty of this research is that, through qualitative comparison, it is the first research of its kind to assess opportunities for improvement in ICT-facilitated communication processes in the hotel sector of Uzbekistan, a research context that has yet to be fully pursued. Theoretical and practical recommendations are suggested for the improvement of ICT-supported communication and increasing guest loyalty.

Innovative Pilgrimage Route “Ziyarah in the Footsteps of Imam al-Bukhari”

2026-01-27T02:04:37+00:00

This article presents the development of an innovative pilgrimage route, “Ziyarah in the footsteps of Imam al-Bukhari” (Bukhara - Samarkand): the concept is substantiated, the principles of formation and selection of objects are described, a ready-made three-day tour program and key economic parameters (cost calculation and conditions for commercial launch) are proposed. It is shown that the route is a practice-oriented and replicable tourism product with potential for scaling up, provided that digital support, service improvements, and logistics development are in place.

Transformation of International Trade Under the Influence of Digital Platforms

2026-01-31T03:45:27+00:00

International trade has been fundamentally transformed through the global adoption of digital platforms as an integral feature of the digitalization of the global economy. Platform-centric business models are transforming the ancient modalities of trade, wherein lowering transaction costs, promoting international market access, and binding e-commerce and digital payment systems and logistic services into a single cohesive ecosystem are the new norms. Abstract: This study investigates how digital platforms influence the organizing framework of international trade, especially the transformation of small and medium-sized enterprises and cross-border trade processes. The research relies on a comparative and structural analysis of international and national data, including evidence from Uzbekistan as a country with an emerging digital economy. The results show that while digital platforms increase trade efficiency and inclusiveness they also create structural bottlenecks in the form of market concentration, regulatory asymmetries and digital divide. These results highlights the need for adaptive regulatory frameworks and harmonised digital trade policies that can promote the benefits of trade transformation driven by platforms.

Innovative Development Mechanisms of Food Industry Enterprises Within Regional Innovation Systems

2026-01-30T14:10:22+00:00

This article examines the mechanisms of innovative development of food industry enterprises in the regions from both scientific and practical perspectives. The main purpose of the research is to identify and substantiate organizational-economic, institutional, and technological mechanisms aimed at increasing the innovative activity of food industry enterprises under regional conditions, as well as to evaluate their effectiveness. The study considers innovative development as a systemic process determined by the interdependence of key factors, including investment activity, digital technologies, human capital, and innovative infrastructure. Particular attention is paid to the analysis of regional disparities in the level of innovative development of food industry enterprises, and to the identification of existing imbalances that hinder sustainable growth. Based on the results of the research, scientifically grounded and practice-oriented mechanisms are proposed to reduce regional imbalances, modernize the regional food industry, enhance enterprise competitiveness, and ensure stable innovative development. The findings of the study can be used in the formulation of regional industrial and innovation policies, as well as in managerial decision-making at the enterprise level.

Service Providers and Evaluating Them Based on Service Quality, Value Proposition, Customer Experience, Brand Equity, and Agility Indicators

2026-01-31T11:00:32+00:00

This paper identifies a structured system of factors that shape the competitiveness of service providers and proposes an assessment methodology based on five integrated indicator blocks: service quality, value proposition, customer experience, brand equity, and speed/responsiveness. The theoretical foundation draws on service-dominant logic, the service-profit chain, resource-based theory, and brand equity frameworks. An operational measurement model is developed using survey scales (Likert), operational metrics (waiting time, response speed, fulfillment lead time), and market-outcome proxies (repurchase intention, recommendation likelihood). The "Results" section provides tables and conceptual figures: a macro-meso-micro factor matrix, an indicator catalog, an index computation workflow, and illustrative PLS-SEM/SEM outputs. The paper concludes with actionable guidance for prioritizing key competitiveness drivers and establishing a transparent, replicable monitoring system.

Features of Meeting Consumer Needs of Tourist Services and Products

2026-02-02T21:22:43+00:00

This paper explores the characteristics of targeted offers of meeting consumer demand on the market of tourist services and products in conditions of the increasing importance of consumer-oriented approach as a response to intensified competition and differentiated tourist demand. Although there are numerous studies focusing on the topics of tourism development and service quality, no one has ever attempted to assess tourist products by integrating the views from both the tourist and the service provider perspectives. Previous works are typically concerned with one directed utility assessment and do not account for the consumptive and productive interdependency in tourism operation. The methods of economic analysis, systemic and comparative analysis, and scientific abstraction are used to investigate the consumer properties of tourist products and services. The analysis demarcating factors that organize value for the consumer and types of tourist services and tourist products on the separate spaces of their forming and being realized enables systematization of the mostly fundamental features of value (service quality, totality, reliability, variability, emotional impressions, availability). The results hence confirm that exchange value or value for a tourist products formed from an interconnected web of economic and socio psychological factors and one-sided assessment of consumption experience will not be sufficient. Therefore, a dual approach regarding both customer and service provider works provides a realistic assessment frame. Our results show that in circumstances where services are not possible to be observed before purchase and where the quality of the service is difficult to assess, factors such as trust, brand reputation, and emotional perception are determinants for consumer choice. The findings of the study suggest a two-sided consumer evaluation model that contributes to better product design, increased customer satisfaction and enhanced competitiveness of tourism enterprises. This implies tourism stakeholders should incorporate consumer attributes within an item development and marketing feature.

Food Safety Management in the Hospitality and Tourism Sector: Implications for Tourist Satisfaction, Destination Image, and Economic Performance

2026-02-01T11:18:07+00:00

In fact, food safety is now recognized as a fundamental driver for competitiveness and durability in the hospitality & tourism industry. In contrast to macro-level food security, food safety is directly related to tourist satisfaction, destination image and the economic health of hotels, restaurants and other tourism services. In this project study the focus is on food safety management and economic importance in hospitality and tourism, specifically focusing on hygiene compliance, service quality and institutional factors affecting food safety performance. The study relies on national statistics and international reports along with information on sector-specific indicators regarding food-handling standards, the quality of processing and service provision in touristic oriented eating establishments (analytical comparative method). According to the results, advances in food safety practices create consumer confidence and lead to reduced risk for health and help improve the destination image positively without affecting tourism income. The situation is not without problems such as weak processing qualification, uneven compliance of hygiene regulations and poor modern food safety management system application in hospitality units. According to the research findings, sound food safety management in hotels and restaurants is not just a public health need but also an economic necessity for tourism. Various implications are outlined for tourism managers, hospitality managers and policy makers in promoting food safety governance and enhancing the competitiveness of tourism destination.

Methods for Determining Quality Characteristics Wool Fibers

2026-02-04T07:17:47+00:00

This article presents the distinctive characteristics of methods for determining an important qualitative characteristic of wool fibers such as fineness, which determines the different industrial purposes of wool and is the basis for differences in spinning ability.

Strategic Management Accounting Based on Key Performance Indicators: Evidence from Enterprise-Level Analysis

2026-02-05T11:41:01+00:00

In the context of increasing market uncertainty and intensifying competition, strategic management accounting (SMA) plays a critical role in supporting long-term decision-making at the enterprise level. To explore the roles of KPI-oriented SMA integration in firm performance, the paper uses annual data from (2020–2024) firm-level panel data for non-financial joint-stock companies operating in Uzbekistan for Navoiyazot JSC to apply fixed-effects regression models. Using the empirical results, the study shows that KPI driven SMA has a positive effect on profitability while too much leverage has a negative impact on firm performance and modernization of SMA tools are significantly link with firm performance. The findings highlight the importance of institutionalizing strategic management accounting frameworks in transition economies and provide practical implications for enterprise-level financial governance in Uzbekistan.

Improvement of Tax Accounting in Small Enterprises

2026-02-06T15:42:13+00:00

This article presents the results of a scientific and practical study of the problems associated with optimizing tax accounting in small enterprises. The study analyzed the current state of the organization of tax accounting in this area, revealed inconsistencies between accounting and tax accounting, as well as difficulties encountered in adapting to frequent changes in tax legislation and the low level of automation of tax processes. The article systematizes the existing problems of tax accounting based on general scientific and special research methods. Based on the data obtained, scientific conclusions were drawn aimed at solving the identified problems. As a result of the research, the need for integration of accounting and tax accounting, widespread use of digital technologies and automated software tools, as well as the introduction of mechanisms for assessing and monitoring tax risks to improve the efficiency of tax accounting in small enterprises was substantiated.

Cash Management and Financial Sustainability of Non-Financial Firms Listed in Stock Exchanges in East Africa

2026-02-07T10:03:59+00:00

The study sought to assess the effect of cash management on financial sustainability of non-financial firms listed in East Africa’s stocks markets. The study was anchored on trade-off theory of liquidity and the Baumol model of cash management. The study was guided by exploratory correlational research design. The target population was all 47 listed non-financial firms in East Africa’s stocks markets (Uganda, Kenya, Rwanda and Tanzania). The study collected secondary data obtained from the audited financial returns of the individual listed firms for a period of ten years from 2014 to 2023. Panel data collection sheet was used to collect the secondary data. The collected data was analysed using Stata software via descriptive statistics (mean, standard deviation, percentages) and inferential statistics (ANOVA, Regression coefficients, R-square). The analysed data was presented using tables and figures. The findings revealed that cash management had a significant effect on financial sustainability of the listed firms. The study found wide disparities in cash management among listed non-financial firms in East Africa, with cash conversion periods ranging from negative to over 700 days. Trend analysis revealed periods of inefficiency but recent improvements, while financial sustainability remained volatile. Regression results showed cash management significantly explained 41.2% of financial sustainability variation. The study concludes that efficient cash management is critical for sustaining firms’ operations. It recommends strengthening receivables collection, optimizing inventory turnover, and leveraging supplier credit prudently to enhance liquidity and long-term financial sustainability.

Factors Influencing The Development of Family Guest Houses and Their Analysis

2026-02-07T09:17:27+00:00

The tourism and hospitality industry plays an increasingly important role in economic development, and within this sector family guest houses represent a significant form of accommodation that directly supports tourism growth and regional development. A variety of external and internal factors shape the conception of family guest houses: political environment, country economic situation, tourism infrastructure, market needs, personnel qualification, service level, pricing policy, labor efficiency, and market activities. Although family guest houses play an essential role in the tourism destination, their specific development and the mechanism by which various factors interact (especially combining macro and micro levels of the analysis) remain understudied, with the focus to date concentrated mainly on tourism enterprises and the large hotels. Abstract Purpose This study targets to reveal the external and internal factors affecting family guest houses growth and provide practical recommendations to ensure their validity and competitiveness. The analysis shows that external factors like economic conditions, infrastructure development, tourist flows and market environment interacting with internal factors like staff qualifications, quality of service, the cost of goods supplied, the price of services and advertisement collectively influence the performance of family guest houses. This study meets this need by presenting a systematic classification and a synthesis of measurable and non-measurable factors that influence family guest houses, which is missing from the tourism literature. These results inform a theoretical framework and serve as an evidence-base on which managers and policymakers can base targeted services improvement strategies contributing to better resource allocation, marketing and sustainability of family guest houses in the tourism and hospitality sector.