ATTRACTIVENESS OF THE COUNTRY'S INVESTMENT ENVIRONMENT: THEORETICAL FOUNDATIONS, FORMATION FACTORS AND DEVELOPMENT DIRECTIONS
Keywords:
investment climate, investment attractiveness, investment image, foreign investment, economic development, risk, investment policy, infrastructure.Abstract
The article describes the theoretical foundations of the investment environment, its content and the main factors that determine the level of economic attractiveness. The political, economic, legal and social components of the investment environment and their role in attracting foreign investments are analyzed. Scientific considerations about the country's investment image and its shaping factors are presented. Also, practical proposals for ensuring a favorable investment environment and its development are given. In conclusion, it is based on the fact that improving the investment environment is an important factor in ensuring the country's economic growth and international competitiveness.
References
Vakhabov A., Khajibakiev Sh., Muminov N. Theoretical foundations of the investment environment and directions for its development. - T.: Economy, 2020. - 224 p.
Mamatov B., Yakubova S. A favorable investment environment is a guarantee of economic development. - T.: Moliya, 2019. - No. 4, p. 35-42.
OECD. Investment Policy Reviews: Framework for Investment Environment Assessment. – Paris: OECD Publishing, 2021. – 176 p.
UNCTAD. World Investment Report 2023: Investing in Sustainable Energy. - Geneva: United Nations, 2023. - 240 p.
Kuznets S. Capital in the International Economy: Factors Influencing Investment Climate. - New York: Columbia University Press, 2018. - 312 p.
Decree of the President of the Republic of Uzbekistan No. PF-4853 dated October 28, 2016 “On additional measures to activate and expand the activities of free economic zones”.
Law of the Republic of Uzbekistan “On Investments and Investment Activities”. – Tashkent, December 25, 2019, No. О'RQ-598.
International Monetary Fund (IMF). Global Financial Stability Report. - Washington DC, IMF, 2023. - 210 p.