THE ROLE OF MACROECONOMIC MECHANISMS AND FOREIGN TRADE POTENTIAL IN ACHIEVING INCLUSIVE ECONOMIC GROWTH IN UZBEKISTAN

Rahimov , Eshmurod

Innovation science and technologiy · 2026-yil

Annotatsiya

This study examines the role of macroeconomic mechanisms and foreign trade potential in promoting inclusiveeconomic growth in Uzbekistan. In the context of increasing global economic interdependence, inclusive growth requiresnot only the expansion of trade volumes but also the effective utilization of foreign trade potential as a mechanism thatenhances macroeconomic stability and economic resilience. Based on a conceptual–analytical and qualitative researchapproach, the study relies on classical trade theory, structural economics, and institutional economics to analyze thechannels through which foreign trade contributes to economic stability, social inclusion, and sustainable long-termdevelopment.The findings demonstrate that foreign trade potential contributes to inclusive economic growth when it is effectivelyintegrated into coherent macroeconomic policies, institutional modernization processes, and structural diversificationstrategies. In particular, export diversification, the expansion of value-added production, and the harmonization offiscal, monetary, and trade policies significantly contribute to strengthening macroeconomic stability and enhancing theeconomy’s adaptive capacity. A comparative analysis of Uzbekistan and South Korea illustrates that institutional quality,effective policy coordination, and structural advancement play a key role in transforming trade openness into inclusiveand sustainable development outcomes.The study concludes that inclusive economic growth in Uzbekistan is determined not only by the scale of foreign trade,but primarily by the effectiveness of macroeconomic governance in directing foreign trade potential toward strengtheningeconomic stability and expanding social inclusiveness. Policy implications highlight the importance of institutionaldevelopment, structural diversification, and integrated macroeconomic and trade policy frameworks as essential driversfor achieving sustainable, resilient, and inclusive economic growth.

Maqola ma’lumotlari
MualliflarRahimov , Eshmurod
JurnalInnovation science and technologiy
Nashr sanasi2026-01-01
Jild2
Son1
TilIngliz
DOI10.5281/zenodo.18662140

Kalit so‘zlar

Foreign Trade Potential, Inclusive Economic Growth, Economic Stability, Institutional Development, Structural Diversification, Trade Policy, Macroeconomic Resilience

Ilmiy soha

Innovation science and technologiy jurnalidan boshqa maqolalar

Innovation science and technologiy — barcha maqolalar