Analysis of untapped resources in Uzbekistan's capital market

Abdullaev , Ravshan, Абдуллаев, Равшан, Абдуллаев , Равшан

Иқтисодий тараққиёт ва таҳлил · 2026-yil

Annotatsiya

This article analyzes financial capacity remaining outside Uzbekistan's capital market across households, the corporate sector, and state-owned enterprises. It argues that an untapped resource cannot be equated with an existing stock of cash: in some cases, it is a portion of savings allocated to other instruments; in others, it is a financing opportunity that a firm could raise through the market but that has not yet materialized. Official end-2024 data indicate that the value of free-float shares amounted to 0.29 percent of GDP. The article distinguishes market capitalization, trading volume, and primary issuance and proposes a set of verifiable indicators for quantifying potential resources. The findings show that broader market access must be accompanied by stronger investor protection and better disclosure quality.

Maqola ma’lumotlari
MualliflarAbdullaev , Ravshan, Абдуллаев, Равшан, Абдуллаев , Равшан
JurnalИқтисодий тараққиёт ва таҳлил
NashriyotЎзбекистон иқтисодиётини ривожлантиришнинг илмий-тадқиқот маркази
ISSN2992-877X
Nashr sanasi2026-09-29
Jild4
Son9
Betlar260-266
TilIngliz
Ilmiy sohaIqtisodiyot
DOI10.60078/2992-877x-2026-vol4-iss9-pp260-266
Indeksga qo‘shilgan2026-10-06

Kalit so‘zlar

capital market, savings, free-float shares, primary offering, corporate bonds, state assets, institutional investors, рынок капитала, сбережения, акции в свободном обращении, первичное размещение, корпоративные облигации, государственные активы, институциональные инвесторы, капитал бозори, жамғармалар, эркин муомаладаги акциялар, бирламчи жойлаштириш, корпоратив облигация, давлат активлари, институционал инвесторлар

Ilmiy soha

Iqtibos keltirish

APAAbdullaev , Ravshan, Абдуллаев, Равшан, & Абдуллаев , Равшан (2026). ANALYSIS OF UNTAPPED RESOURCES IN UZBEKISTAN'S CAPITAL MARKET. Иқтисодий тараққиёт ва таҳлил, 4(9), 260-266. https://doi.org/10.60078/2992-877x-2026-vol4-iss9-pp260-266
GOST (OAK)Abdullaev , Ravshan, Абдуллаев, Равшан, Абдуллаев , Равшан ANALYSIS OF UNTAPPED RESOURCES IN UZBEKISTAN'S CAPITAL MARKET // Иқтисодий тараққиёт ва таҳлил. – 2026. – T. 4, № 9. – P. 260-266. – DOI: 10.60078/2992-877x-2026-vol4-iss9-pp260-266.
MLAAbdullaev , Ravshan, Абдуллаев, Равшан, and Абдуллаев , Равшан. “ANALYSIS OF UNTAPPED RESOURCES IN UZBEKISTAN'S CAPITAL MARKET.” Иқтисодий тараққиёт ва таҳлил, 4(9), 260-266, 2026. https://doi.org/10.60078/2992-877x-2026-vol4-iss9-pp260-266
ChicagoAbdullaev , Ravshan, Абдуллаев, Равшан, and Абдуллаев , Равшан. “ANALYSIS OF UNTAPPED RESOURCES IN UZBEKISTAN'S CAPITAL MARKET.” Иқтисодий тараққиёт ва таҳлил, 4(9), 260-266 (2026). https://doi.org/10.60078/2992-877x-2026-vol4-iss9-pp260-266
HarvardAbdullaev , Ravshan, Абдуллаев, Равшан, and Абдуллаев , Равшан (2026) ‘ANALYSIS OF UNTAPPED RESOURCES IN UZBEKISTAN'S CAPITAL MARKET’, Иқтисодий тараққиёт ва таҳлил, 4(9), 260-266. https://doi.org/10.60078/2992-877x-2026-vol4-iss9-pp260-266
BibTeX
@article{abdullaevravshan2026,
  title = {ANALYSIS OF UNTAPPED RESOURCES IN UZBEKISTAN'S CAPITAL MARKET},
  author = {Abdullaev , Ravshan and Абдуллаев, Равшан and Абдуллаев , Равшан},
  journal = {Иқтисодий тараққиёт ва таҳлил},
  year = {2026},
  volume = {4},
  number = {9},
  pages = {260-266},
  doi = {10.60078/2992-877x-2026-vol4-iss9-pp260-266},
  url = {https://doi.org/10.60078/2992-877x-2026-vol4-iss9-pp260-266}
}

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