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Found 3899 matches for "All Articles"

Provision of Excursion Services in Tourism

Excursion services — organized tours and guided visits to cultural, historical, natural, and recreational sites — play a central role in the tourism industry. In Uzbekistan, rising international arrivals, expansion of accommodation infrastructure, and growing demand for cultural and heritage experiences make high-quality excursion services increasingly important. This article explores the concept and types of excursions, analyses recent Uzbekistan tourism data, and discusses how excursion services can contribute to sustainable growth, visitor satisfaction, and economic benefits. It also reviews modern trends such as digitalization, customization, and responsible tourism in the Uzbek context.

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Freshta qauomy mail
link https://doi.org/10.54216/JIER.020101

Volume & Issue

Vol. Volume 2 / Iss. Issue 1

Details open_in_new

Hedging Price Risks in the Agricultural Sector: Theoretical Foundations and Practical Application of Futures, Options, and Insurance Instruments

Increasing price volatility in agricultural markets poses a serious challenge to income stability and investment planning for agricultural producers, particularly in transition economies such as Uzbekistan. Market liberalization, exposure to global commodity price fluctuations, climate-related shocks, and exchange rate movements have intensified price risks in the agricultural sector, making traditional administrative and ad hoc support mechanisms insufficient. Under these conditions, the relevance of market-based price risk management instruments has grown substantially. The purpose of this article is to examine the theoretical foundations and practical applicability of price risk hedging instruments - namely futures, options, and agricultural insurance - in the agricultural sector of Uzbekistan. The study is based on an analytical and empirical approach that combines descriptive statistical analysis, variance-based hedging effectiveness assessment, and comparative analysis of international practices. The empirical dataset covers monthly price observations for key agricultural commodities in Uzbekistan over the period 2015–2024 (n = 360). The results show that price volatility, measured by the coefficient of variation, reaches 21.6% for fruits and 24.3% for vegetables, compared to 14.8% for wheat and 11.2% for cotton. Simulated hedging scenarios demonstrate that the application of price hedging instruments reduces income volatility from 22.5% under unhedged conditions to 13.4% under hedged conditions, corresponding to a variance reduction of up to 41.3%, depending on the commodity. The study substantiates the effectiveness of combining market-based hedging instruments with agricultural insurance to enhance income stability. The practical significance of the results lies in their applicability for developing risk-oriented agricultural policies and financial instruments, while the theoretical contribution consists in adapting classical hedging concepts to the institutional conditions of Uzbekistan’s agricultural sector.

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Akmal Shaimardanovich Durmanov mail
link https://doi.org/10.54216/JIER.020102

Volume & Issue

Vol. Volume 2 / Iss. Issue 1

Details open_in_new

Industry 4.0: the Role of Automation in Productivity

This paper examines the processes of automation and robotics as key directions of modern industrial and technological development. Automation and robotics play an important role in improving labor productivity, improving product quality, reducing production costs and minimizing the impact of the human factor. The article analyzes the basic concepts, principles and stages of implementation of automated systems and robotic complexes, as well as their impact on the efficiency of production processes. The advantages and limitations of automation, as well as the socio-economic consequences of its implementation, including changes in the employment structure and requirements for personnel qualifications, are considered. It was concluded that the development of automation and robotics is a prerequisite for increasing the competitiveness of enterprises in the digital economy.

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Rasulova Durdona Gayratovna mail
link https://doi.org/10.54216/JIER.020103

Volume & Issue

Vol. Volume 2 / Iss. Issue 1

Details open_in_new

The Impact of Digital Literacy, Automation, and Soft Skills on Employment Conditions of Non-Specialist Workers

The main target areas of this article is to analyze the impact of fast growing digital economy in the labor market, as well as the rise in the number of under-skilled workers  due to the rapid changes in required skills and qualifications. Alongside with foreign literature attachments, the influence of automation, artificial intelligence, digital knowledge and platforms, and the “gig economy” are thoroughly examined. There is a social survey conducted covering more than one thousand employees from six different sectors in order to understand the extent of the growing number of unskilled and unemployed staff in the labor market of Uzbekistan. To deeply analyze and correct some units of this scientific research (with an exception in the main and econometric analysis part) various methods, such as econometrics, empirical model, artificial intelligence to name just a few has been implemented. In the end, it has been concluded that the formation of adaptable digital, soft competencies in the education system is a priority.

groups
Goyipnazarov Sanjar Bakhodirovich mail -
Kurbanbaeva Sevara Marat kizi mail
link https://doi.org/10.54216/JIER.020104

Volume & Issue

Vol. Volume 2 / Iss. Issue 1

Details open_in_new

Green Financing Mechanisms in Uzbekistan’s Agricultural Sector for Sustainable Development

The growing impact of climate change, resource depletion, and environmental degradation has intensified the need to reorient financial systems toward sustainable development, particularly in resource-dependent sectors such as agriculture. In this context, green financing has emerged as a key mechanism for aligning investment flows with environmental and sustainability objectives. However, in transition economies such as Uzbekistan, the application of green financing in the agricultural sector remains fragmented and insufficiently studied, which limits its effectiveness and policy relevance. The purpose of this article is to analyze the conceptual foundations, financial instruments, and institutional mechanisms of green financing in Uzbekistan’s agricultural sector within the sustainable development paradigm. The study adopts an empirical and analytical approach based on a mixed-method research design, combining systematic literature review, institutional and comparative analysis, and descriptive statistical methods using secondary data for the period 2015–2024. The results indicate a steady increase in total agricultural financing, with an average annual growth rate of 11.6%, while green-oriented investments grew at a faster pace, averaging 17.9% per year, albeit with higher volatility (σ = 6.3). The share of green financing in total agricultural credit expanded from 4.2% in 2015 to 14.7% in 2024. Concessional green loans accounted for 52.4% of total green finance flows, reflecting a dominant reliance on state-supported instruments. Correlation analysis shows a statistically significant positive relationship between green financing intensity and resource-efficiency indicators (r = 0.68, p < 0.05), whereas total agricultural credit volume exhibited no significant association with sustainability outcomes. The theoretical significance of the study lies in the development of an integrated analytical framework linking conceptual, financial, and institutional dimensions of green financing. The practical significance is reflected in evidence-based policy recommendations aimed at improving the effectiveness and diversification of green financing mechanisms to support sustainable agricultural development in Uzbekistan.

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Akmal Durmanov mail
link https://doi.org/10.54216/JIER.020201

Volume & Issue

Vol. Volume 2 / Iss. Issue 2

Details open_in_new

Digital Economy and E-Commerce under Cross-Border Data Flows

Given its rapid expansion and growing policy salience among global digital markets, we know considerably less about how these digital economy and e-commerce dynamics change during a regime of cross-border data flows. While previous research has emphasized the role of digital trade openness in shaping patterns of online market participation, limited attention has been given to how regulatory frictions in cross-border data transmission may be an underlying constraint to improve digital market integration. The aim of the study was to identify causal mechanisms for participation of different types of firms in e-commerce activities, their entry, use, intensity, and the resulting trade outcomes. In this paper, the analysis examines the determinants of cross-border digital engagement at the firm level, in combination with a comparative evaluation of digitally active and non-active enterprises. The empirical strategy of the study was structured by analyzing the selection bias of firms into e-commerce adoption, followed by some counterfactual estimations of the matched samples to produce unbiased treatment effects. An overview is provided of the econometric framework and identification strategy used for the estimation in the presence of non-random participation. The key variables with statistically significant effects in the matched estimations were digital connectivity and regulatory data openness, indicating that the likelihood of e-commerce participation would be easily amplified and sustained in a liberal and predictable cross-border data environment. Some evidence of the more heterogeneous and asymmetric relationships between firm characteristics and e-commerce outcomes is provided, and persistence of digital participation in the post-entry period is confirmed (average treatment effect; t = 2.87). Future research should include longitudinal datasets to test the stability of cross-border data flow effects for different stages of firm digitalization. These findings suggest that this line of empirical evidence provides credible guidance to policymakers in economies that require balanced digital trade regulation.

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Safarov Baxtiyor mail
link https://doi.org/10.54216/JIER.020105

Volume & Issue

Vol. Volume 2 / Iss. Issue 1

Details open_in_new

ESG Factors in Accounting and Auditing of Business Combinations (M&A): Methodological Approaches and Financial Implications

The article examines the role of Environmental, Social, and Governance (ESG) factors in accounting and auditing practices related to mergers and acquisitions (M&A). The study substantiates the necessity of integrating non-financial sustainability indicators into business valuation, consolidation procedures, and post-merger audit processes. Based on the synthesis of empirical studies and international standards, an authorial framework for incorporating ESG risks into accounting and audit methodologies is proposed.

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Aripova Anna Mixaylovna mail
link https://doi.org/10.54216/JIER.020202

Volume & Issue

Vol. Volume 2 / Iss. Issue 2

Details open_in_new

Structure of Global Innovation Systems and Knowledge Diffusion Patterns: Network Analysis

Digital transformation has fundamentally reshaped innovation dynamics in many parts of the global economy, and knowledge diffusion is no longer spatially bounded, as in large-scale innovation data collection, the density of collaborative ties and cross-border knowledge exchanges are increasing across institutional and technological domains. Due to structural changes in the daily organization of innovation activities, knowledge production has been reshaped by the expansion of digital infrastructures and the proliferation of networked research collaborations and innovation platforms. In this study, we aim to contribute to the understanding of global innovation systems by examining how patterns of knowledge diffusion are structured using network analysis in transnational innovation networks. This paper aims to identify structural configurations and relational mechanisms in innovation networks and how these contribute to theoretical understandings of knowledge diffusion. In this paper, we analyze the process of knowledge creation and diffusion as a networked system, using specific examples from our dataset of global innovation actors in order to examine their relational structures and positional roles of knowledge-producing entities. A sample of innovation network data from multiple sectors of global innovation systems took part in the empirical analysis, drawing from bibliometric indicators and the analysis of over large-scale relational linkages. We empirically found that we cannot assume uniformly that centrality or connectivity are either a prerequisite for innovation performance; a driver for diffusion of technological knowledge; a mechanism for individual learning; a mechanism for collective learning; and a determinant for accumulation of innovation capabilities. The findings indicate that actors adopt different strategies of using network positions in their learning: exploratory engagement or exploitative specialization. We argue for a more nuanced interpretation of innovation networks that acknowledges both its structural heterogeneity in shaping understandings of knowledge flows and providing policymakers with insights on organizations’ patterns of using digital infrastructures in other sectors and more complex configurations in the global system. The implications of this study could inform a policy framework in innovation governance on how actors can use their network resources for knowledge accumulation and coordination toward systemic innovation and that networks can function differently in alternative institutional contexts.

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Rakhimova Gulnoza mail -
Dilfuza Kuzikulova mail
link https://doi.org/10.54216/AJBOR.130201

Volume & Issue

Vol. Volume 13 / Iss. Issue 2

Details open_in_new

Network Structures and Systemic Dynamics of Globalization Processes: Gephi Based Analysis

In this study, we look at globalization processes over a longitudinal time horizon in the global system to reduce the fragmentation of analytical perspectives while integrating structural and relational dimensions. The analysis examines the dynamics of a complex network in global contexts, including economic, technological, institutional, and informational linkages, to identify systemic patterns that have implications for governance in the area of global integration. Based on a theoretical framework, we position this research to improve the understanding of globalization dynamics into empirically observable structures for the scholarly community. In this paper, we provide empirical insights into the structure of global networks by showing how connectivity and centrality have jointly shaped interaction patterns and asymmetries in the globalization process, affecting the stability of the system. Within each of these dimensions, we integrated observations into a multi-level repeated-measures analysis of network indicators (nodes × ties). Differences were assessed by use of a combination of correlation techniques and regression models, and network metrics within the global system that are relevant to these dynamics. Gephi-based visualization resulted in the exclusion of isolated components not being used for explanatory modeling and statistical testing. A significant main effect was found for network type and it influenced only the strength of associations and structural dependencies. The interaction of global actors of different system positions with other forms of global connectivity through network structures suggests that actors who are new to operating in a highly connected system may be at an increased risk of marginalization. Because increases in these structural imbalances have been associated with an increased likelihood of system-level instability, network-oriented analysis is an effective and integrative approach with potential to improve analytical rigor, policy relevance, and to inform globalization-related decision-making.

groups
Khasanova Zarina mail
link https://doi.org/10.54216/AJBOR.130202

Volume & Issue

Vol. Volume 13 / Iss. Issue 2

Details open_in_new

Digital Marketing Tools in the Textile Industry: A Framework for Channel Selection and Performance Measurement

This article develops a reproducible framework for selecting digital marketing tools in the textile industry and for measuring performance for national brands with weak digital salience. The study covers 2021–2024 and uses a conceptual-methodological design: (i) a structured synthesis of peer‑reviewed research on digital marketing, customer journey and marketing metrics, and (ii) operationalization into seven implementation tables. A two‑tier measurement protocol is proposed: Tier A relies on open signals (official statistical releases, publicly observable Instagram/Meta signals, and a Google Trends branded‑search index as a proxy for awareness), while Tier B (when firm access exists) uses Google Analytics 4 (GA4) and CRM/sales data to compute conversion, customer acquisition cost (CAC), return on marketing investment (ROMI), and customer lifetime value (LTV). Results include a tool taxonomy (social media marketing, content, influencer marketing, SEO, PPC, analytics, CRM automation, AI personalization, AR/VR), a unified KPI dictionary, a digital maturity model, a risk/limitations map, a data‑accessibility matrix, and a 90‑day roadmap. The framework enables firms to move from reach‑only reporting to conversion and retention management under explicit data constraints.

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Tatyana Nam Gennadyevna mail
link https://doi.org/10.54216/JIER.020203

Volume & Issue

Vol. Volume 2 / Iss. Issue 2

Details open_in_new