No. 1 (2024) Economic development and analysis

This article discusses the origin of monopoly, various definitions given to it, regulation of monopolies and increasing the role of the state in it, the essence, theoretical foundations, necessity of anti-monopoly management, and the importance of developing a competitive environment in our country.

Ensuring sustainable economic growth in Uzbekistan by diversifying the structure of the economy and increasing its competitiveness, consistent implementation of market mechanisms in all sectors of the economy, reducing poverty and improving the welfare of the population, accelerated development of the digital economy, transformation of state-owned companies, and reducing state participation in the economy are the priorities of the economic reforms currently underway. Within the framework of this economic reform, issues such as increasing the financial potential of the regions and increasing the gross regional product will occupy an important place. Based on this, this article analyzes the theoretical aspects of increasing the financial potential of the regions.

This article explores teacher motivation in higher education, drawing on international experiences. Motivation, a vital factor in individual and society domains, is examined for its profound impact on collaborative goals. The alignment of employee motivation with employer-provided incentives enhances personal effectiveness. Teacher motivation significantly influences student success, necessitating the identification and assessment of influencing factors. The study delves into diverse global approaches, including those in the United States, the United Kingdom, Western Europe, and Scandinavia. It highlights unique methodologies, assessment criteria, and the decentralized nature of control. The article concludes by emphasizing the interconnectedness of teacher motivation and student outcomes in shaping the future of education.

This article provides information about the theoretical basis of investment instruments, musharakah and mudarabah, organizational and management system, as well as the principles of practical application, as well as their differences from each other. In addition, issues related to the possibility of attracting domestic and foreign investments in Uzbekistan by implementing these agreements are presented.

This article examines and analyzes the features of digitalization, the concept, types and differences of the terms digitalization and digital transformation, the share of digital technologies abroad in recent years, the advantages and disadvantages of digital technologies in business and the role of personnel in them, the criteria of the digital economy and the main online business models, as well as the necessary conclusions and suggestions.

The dynamics of the digital transformation of the economy and society, the versatility and diversity of digital development indicators, their significant differentiation by economic sectors and regions of the country dictate the need to develop comprehensive methods for assessing digital development. Based on the study of the patterns of formation of the digital economy, the article defines the stages of digital development, target criteria and a system of integral, generalizing and partial indicators for the stages of digitalization of the economy and society. The integral coefficient of the state of digital development is calculated using an additive model based on normalized values of real indicators. The potential values of particular indicators are used to assess the potential of digital development.

The scientific article analyzes the role of women in the popularization of innovative banking services in developing countries. Uzbekistan, Turkey, Malaysia, and Saudi Arabia were considered as developing countries in the analysis. The analysis was conducted on the basis of statistical data for 2014-2021. According to the results of the analysis, innovative banking services among women in our country are not sufficiently developed and, unlike other countries, digital banking services are not widely used by women.

Internal control, that is, audit service, has a special place and importance in increasing the competitiveness of commercial banks in the national economy, further strengthening their position in international integration and economic processes, as well as in checking and evaluating the compliance of banks activities with global requirements and standards. The above issues were considered in the article, suggestions and recommendations for improving the internal audit service were given.

As a result of the implementation of an unexpected event in a competitive market for telecommunication services, new ways of business development were shown. At the present stage of digitalization of relations between consumers and providers of telecommunication services, based on market principles, digital platforms are now widely used to improve the service strategy of the service provider, as well as to develop a marketing strategy.

Due to the rapid development of digital infrastructure in Uzbekistan, the landscape of tax debt collection is changing. Explores the evolving mechanism used by tax authorities to collect tax debts and highlights the impact of digitization on efficiency, transparency and compliance. By analyzing the current state of digital infrastructure and its integration into tax collection processes, it illuminates the opportunities and challenges that arise in a dynamic environment.

The article is devoted to the consideration of the problems arising in the process of globalization and experienced in adjusting the National Accounting Standards (NAS) in Uzbekistan, including the standard related to intangible assets, in compliance with the International Financial Reporting Standards (IFRS), as well as the solutions proposed thereof. Herewith the author proposes the recommendations worked out for recognition of intangible assets, assessment of book value, the method of calculating amortization, revaluation model, the order of disclosure of information on intangible assets in the financial statements in accordance with international standards (IFRS 38). Moreover, there some considerations on the revaluation model of intangible assets to assess their impact on initial value, amortization, long-term and total assets.

In this article, the relevance of the role of foreign investments in industrial production, the positive impact of investments on the economy, measures to organize the effective use of investments in economic sectors and the prospects of attracting investments, along with investment, new technologies, advanced experiences, the directions of entry of highly qualified specialists, the analysis of the efficiency of investments in the development of the economy of Uzbekistan are presented.

This article has studied and analyzed various scientific works that describe the instruments of Islamic finance and project financing through Islamic finance, as well as its differences and advantages from the traditional financing system. During the study and analysis of scientific works, international experience was studied and ways to further improve the financing of projects through Islamic instruments were presented. At the same time, from the scientific works carried out within the framework of ScienceDirect, Google Scholar and Researchgate, 54 articles on the topic were studied, 24 of which were reflected in this article.

In the context of modern financial management and control, the public sector is becoming the object of increasing attention. This article comprehensively analyzes the current state and promising directions for the development of the financial control system in state and public organizations, with special attention paid to optimizing control processes for the efficient use of public resources and achieving strategic goals. In addition, the article examines the problems faced by financial control in the public sector.

The digital economy significantly improves people's living standards, which is its main advantage. The digital economy is the main link between corruption and the shadow economy. Because numbers capture everything, store it in memory, and quickly provide information when needed. In such conditions, it is impossible to hide any information, make secret transactions, or not provide complete information about a particular activity; the computer will reveal everything. The abundance and systematicity of information does not allow lies and fraudulent actions.

The article covers the issues of entering financial market instruments adapted to world standards and creating a favorable economic zone for investors in the context of globalization. The use of financial market instruments to attract investments is also analyzed

This article analyzes the issues of financial support of non-governmental non-profit organizations in the form of state grants and offers suggestions for improving the system.

This article will focus on the analysis of the use and improvement of the effectiveness of digital technologies in the activities of telecommunications enterprises in the economy of our country, as well as on improving development prospects. The existing problems and prospects for the development of the use of digital technologies in the activities of telecommunications enterprises of the Republic of Uzbekistan, as well as the author's approaches and proposals to overcome them, are also presented.

This article presents comprehensive information on sukuk, an Islamic security, which is considered an Islamic security, in which order it is emitted, and its introduction into financial markets, and various scientific works that describe its importance in the country's economy have been studied and analyzed. The study encompasses an exploration of international experiences in sukuk implementation, citing instances of its introduction into global financial markets. A thorough examination of 50 articles, sourced from both foreign and domestic scholars, was conducted via platforms such as ScienceDirect, Google Scholar, and other scientific databases. This scientific work synthesizes insights from 20 selected articles to provide a nuanced understanding of the subject.

The article examines the theoretical foundations of the functioning of competition as an economic phenomenon that arises in a competitive banking environment, and also identifies the features of banking competition. Its structure is described, manifestations of the development of competition in the financial market in Uzbekistan are noted, and indicators of the competitiveness of the banking system are assessed.

The purpose of this research is to study the impact of cross-border e-commerce development under the regional economy of Inner Mongolia on the construction of higher vocational education majors in the autonomous region. Taking the cross-border e-commerce profession of higher vocational education as the research object, it analyses the current situation of cross-border e-commerce professional curriculum and teaching quality of higher vocational education in Inner Mongolia by investigating the demand for relevant talents in the cross-border e-commerce industry in the region, and constructs the core curriculum standard of cross-border e-commerce profession of higher vocational education in Inner Mongolia on this basis. In addition, the implementation scheme of cross-border e-commerce professional core curriculum is explored and the assessment method is proposed. In order to provide reference value for talent cultivation of cross-border e-commerce development under the regional economy of Inner Mongolia.

Evaluating the effectiveness of the tax policy strategy implemented in Uzbekistan, special attention is paid to the analysis of its tactical directions. The study used a comprehensive approach that took into account various economic indicators, fiscal data and socio-economic impacts. The study assessed the tax policy's compliance with national economic goals, its impact on business competitiveness, and its ability to stimulate economic growth and development. In addition, research examines the extent to which tax policy contributes to reducing income inequality and increasing social welfare. In order to increase the overall efficiency of the tax policy in Uzbekistan, potential directions for improvement in strategy and tactics are suggested.

This article examines strategic approaches and management practices aimed at optimizing the tax potential of large taxpayers operating in the oil and gas sector. Recognizing the important role of this sector in the national economy, the study aims to identify best practices for maximizing tax revenues while ensuring sustainability and competitiveness. Proposals and recommendations for further improvement of the tax administration of large taxpayers were developed, and scientific and practical conclusions and suggestions for its application in our country were formed.

The article discusses the transition to international financial reporting standards, their recognition and application. The directions for improving accounting used in practice on the basis of international financial reporting standards are outlined.

The article describes the emergence of tax obligations and their accounting issues. Directions for improving the accounting of tax obligations based on international standards of financial reporting are indicated.