Driven by geopolitical reconfigurations, tourism investment in the Global South is shifting from volume-based expansion to risk-centric decision-making. This study synthesizes institutional theory, the resource-based view, and the Social License to Operate (SLO) to assess this transition. Leveraging panel data from 18 Belt and Road countries (2019–2024), we construct an assessment system across three dimensions: institutional quality, macroeconomic stability, and developmental maturity. Using the entropy weight method, we identify a distinct risk gradient: Africa exhibits the highest risk intensity, followed by Central Asia and Central and Eastern Europe, with Southeast Asia being the most stable. Exchange rate volatility and political instability emerge as primary systemic drivers, though Southeast Asia shows consistent risk abatement. Finally, we operationalize a "risk-capability-strategy" framework, proposing differentiated regional allocation strategies to navigate the Global South’s evolving investment landscape
| Mualliflar | Wei , Zhibo, Вэй , Чжибо, Wei , Zhibo |
|---|---|
| Jurnal | Илғор иқтисодиёт ва педагогик технологиялар |
| Nashriyot | Тошкент давлат иқтисодиёт университети ҳузуридаги «Ўзбекистон иқтисодиётини ривожлантиришнинг илмий асослари ва муаммолари» илмий-тадқиқот маркази |
| ISSN | 1994-2025 |
| Nashr sanasi | 2026-05-03 |
| Jild | 3 |
| Son | 2 |
| Betlar | 521-531 |
| Til | Ingliz |
| Ilmiy soha | Iqtisodiyot |
| DOI | 10.60078/3060-4842-2026-vol3-iss2-pp521-531 |
| Indeksga qo‘shilgan | 2026-08-26 |
DOI: 10.60078/3060-4842-2026-vol3-iss2-pp521-531 · Maqolaning asl sahifasi
Global South, tourism investment, risk assessment, entropy weight method, regional allocation, Глобальный Юг, туристические инвестиции, оценка рисков, метод энтропийного веса, региональное размещение, Global Janub, turizm investitsiyalari, risklarni baholash, entropiya vazni usuli, mintaqaviy joylashtirish
| APA | Wei , Zhibo, Вэй , Чжибо, & Wei , Zhibo (2026). INSTITUTIONAL PRESSURES, RISK GRADIENT, AND VALUE CO-CREATION: A STUDY ON CHINA’S TOURISM INVESTMENT ALLOCATION STRATEGIES FOR THE GLOBAL SOUTH. Илғор иқтисодиёт ва педагогик технологиялар, 3(2), 521-531. https://doi.org/10.60078/3060-4842-2026-vol3-iss2-pp521-531 |
|---|---|
| GOST (OAK) | Wei , Zhibo, Вэй , Чжибо, Wei , Zhibo INSTITUTIONAL PRESSURES, RISK GRADIENT, AND VALUE CO-CREATION: A STUDY ON CHINA’S TOURISM INVESTMENT ALLOCATION STRATEGIES FOR THE GLOBAL SOUTH // Илғор иқтисодиёт ва педагогик технологиялар. – 2026. – T. 3, № 2. – P. 521-531. – DOI: 10.60078/3060-4842-2026-vol3-iss2-pp521-531. |
| MLA | Wei , Zhibo, Вэй , Чжибо, and Wei , Zhibo. “INSTITUTIONAL PRESSURES, RISK GRADIENT, AND VALUE CO-CREATION: A STUDY ON CHINA’S TOURISM INVESTMENT ALLOCATION STRATEGIES FOR THE GLOBAL SOUTH.” Илғор иқтисодиёт ва педагогик технологиялар, 3(2), 521-531, 2026. https://doi.org/10.60078/3060-4842-2026-vol3-iss2-pp521-531 |
| Chicago | Wei , Zhibo, Вэй , Чжибо, and Wei , Zhibo. “INSTITUTIONAL PRESSURES, RISK GRADIENT, AND VALUE CO-CREATION: A STUDY ON CHINA’S TOURISM INVESTMENT ALLOCATION STRATEGIES FOR THE GLOBAL SOUTH.” Илғор иқтисодиёт ва педагогик технологиялар, 3(2), 521-531 (2026). https://doi.org/10.60078/3060-4842-2026-vol3-iss2-pp521-531 |
| Harvard | Wei , Zhibo, Вэй , Чжибо, and Wei , Zhibo (2026) ‘INSTITUTIONAL PRESSURES, RISK GRADIENT, AND VALUE CO-CREATION: A STUDY ON CHINA’S TOURISM INVESTMENT ALLOCATION STRATEGIES FOR THE GLOBAL SOUTH’, Илғор иқтисодиёт ва педагогик технологиялар, 3(2), 521-531. https://doi.org/10.60078/3060-4842-2026-vol3-iss2-pp521-531 |
| BibTeX | @article{weizhibo2026,
title = {INSTITUTIONAL PRESSURES, RISK GRADIENT, AND VALUE CO-CREATION: A STUDY ON CHINA’S TOURISM INVESTMENT ALLOCATION STRATEGIES FOR THE GLOBAL SOUTH},
author = {Wei , Zhibo and Вэй , Чжибо and Wei , Zhibo},
journal = {Илғор иқтисодиёт ва педагогик технологиялар},
year = {2026},
volume = {3},
number = {2},
pages = {521-531},
doi = {10.60078/3060-4842-2026-vol3-iss2-pp521-531},
url = {https://doi.org/10.60078/3060-4842-2026-vol3-iss2-pp521-531}
} |
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