The impact of Uzbekistan’s WTO membership on economic development

The impact of Uzbekistan’s WTO membership on economic development

Authors

  • Sadriddinov Ulugbek Jaloliddin ugli

DOI:

https://doi.org/10.5281/zenodo.14293267

Keywords:

GDP per capita, Export, World Trade Organization (WTO), Foreign Direct Investment (FDI).

Abstract

This research will give a succinct synopsis of the present economic situation in Uzbekistan, emphasizing
both its advantages and disadvantages. By doing this, the framework for comprehending the possible effects of WTO
membership will be established. The research will next examine the main points of contention about Uzbekistan's
economic gains from WTO membership. Among the main topics that will be examined are improved foreign direct
investment, expanded market access for Uzbek exports, and the drive for internal economic reforms. The research will
not, however, downplay the possible difficulties that come with being a member of the WTO. We’ll take a close look at
the possibility of job losses in some industries as a result of growing import competition and the requirement for major
changes to domestic policy.

Author Biography

Sadriddinov Ulugbek Jaloliddin ugli

MS, Teacher of the Department of Economics at Kimyo International University in Tashkent,
Samarkand branch

Published

2024-10-18

Issue

Section

Articles
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