TITLE "RISKY BUSINESS: AN ANALYSIS OF MANAGEMENT ISSUES IN FOREIGN INVESTMENT PROJECTS IN THE REPUBLIC OF UZBEKISTAN"

Main Article Content

Marupov Abdushukurbek Alijonovich
Shukurov Umidbek Gulomjon Ugli
Allaberdiyev Murodillo Shayman Ugli
Toshtemirov Dilshod Turgun Ugli

Abstract

Foreign investment has been recognized as a vital source of economic growth for many countries, including the Republic of Uzbekistan. However, investing in a foreign country always comes with risks, and Uzbekistan is no exception. In this article, we analyze the management issues and risk factors associated with foreign investment projects in Uzbekistan. Using a qualitative approach, we identify key challenges that investors face, such as political instability, bureaucratic hurdles, and corruption. We also examine the management strategies and tools that can be used to mitigate these risks, including effective risk assessment, stakeholder engagement, and compliance with legal and regulatory frameworks. Our findings provide insights for policymakers and foreign investors on how to navigate the complexities of investing in Uzbekistan and how to maximize the benefits of foreign investment.

Article Details

How to Cite
Marupov Abdushukurbek Alijonovich, Shukurov Umidbek Gulomjon Ugli, Allaberdiyev Murodillo Shayman Ugli, & Toshtemirov Dilshod Turgun Ugli. (2023). TITLE "RISKY BUSINESS: AN ANALYSIS OF MANAGEMENT ISSUES IN FOREIGN INVESTMENT PROJECTS IN THE REPUBLIC OF UZBEKISTAN". Proceedings of International Conference on Educational Discoveries and Humanities, 2(5), 171–178. Retrieved from https://econferenceseries.com/index.php/icedh/article/view/1904
Section
Articles

References

Uzbekistan Overview." World Bank, accessed April 27, 2023. https://www.worldbank.org/en/country/uzbekistan/overview.

United States Agency for International Development. "Uzbekistan Country Profile." USAID, accessed April 27, 2023. https://www.usaid.gov/uzbekistan/country-profile.

Transparency International. "Corruption Perceptions Index 2020." Transparency International, accessed April 27, 2023. https://www.transparency.org/en/cpi/2020/index/nzl.

Lim, Yong Kyun, and Jianjun Zhang. "Foreign Direct Investment, Institutional Environment, and Economic Growth: Evidence from Uzbekistan." Journal of International Development 32, no. 5 (2020): 739-755. https://doi.org/10.1002/jid.3455.

Mansoor, Ali, and Bryce Quillin. "Foreign Investment and Economic Growth in Uzbekistan: A Causality Analysis." Eurasian Journal of Economics and Finance 5, no. 1 (2017): 1-14. https://doi.org/10.15604/ejef.2017.05.01.001.

2022 Investment Climate Statements: Uzbekistan https://www.state.gov/reports/2022-investment-climate-statements/uzbekistan/

Uzbekistan Country Report 2022 https://bti-project.org/en/reports/country-report/UZB

Uzbekistan Overall Results https://atlas.bti-project.org/1*2022*CV:CTC:SELUZB*CAT*UZB*REG:TAB

Doing business in Uzbekistan https://www.dentons.com/en/insights/articles/2023/march/31/-/media/f480e3bf53714764a934e3c8b36fe8e6.ashx

United Nations Conference on Trade and Development. "World Investment Report 2021: Investing in Sustainable Recovery." United Nations Conference on Trade and Development, accessed April 27, 2023. https://unctad.org/webflyer/world-investment-report-2021-investing-sustainable-recovery.