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ADVANCED EXPERIENCES OF FINANCIAL SUPPORT OF FREE ECONOMIC ZONES IN INTERNATIONAL PRACTICE AND PROSPECTS FOR THEIR APPLICATION IN OUR COUNTRY

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This article analyzes advanced international practices in the financial support of Special Economic Zones (SEZs) and justifies the prospects for their application in the context of Uzbekistan. The study examines mechanisms for enhancing the investment attractiveness of SEZs, drawing on the experiences of the United States, China, Japan, Russia, and other countries. These mechanisms include tax and customs incentives, infrastructure projects under public–private partnerships, special investment funds, and credit lines from international financial institutions. Recommendations are provided for increasing regional production efficiency, expanding exports, and creating new jobs by adapting global best practices to national conditions.

AUTHORS

R.Kuziev

O‘zbekiston Respublikasi Bank-moliya akademiyasi v

Tags

# investment# инвестиции# tax incentives# investitsiya# финансовая поддержка# financial support# свободные экономические зоны# налоговые преференции# moliyaviy qo‘llab-quvvatlash# инфраструктурные проекты# infrastructure projects# erkin iqtisodiy hududlar# soliq preferensiyalari# infratuzilma loyihalari# davlat-xususiy sheriklik.# special economic zones# public–private partnership.

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References

Farole, T. (2011) Special economic zones in Africa: Comparing performance and learning from global experience. Washington, DC: World Bank Publications.

Knyaginin, V.N. & Shadrin, A.E. (2012) Institutes for development in Russia: Special economic zones. St. Petersburg: St. Petersburg University Press.

Kuznetsov, A.V. & Kuznetsova, O.V. (2019) ‘The success and failure of Russian SEZs: Some policy lessons’, Transnational Corporations Journal, 26(2), pp.67–92.

Ruzibaeva, R.N. & Khotamkulova, M.S. (2022) ‘Free economic zones in the Republic of Uzbekistan and ways to attract investment in them’, Academy of Entrepreneurship Journal, 28(3), pp.1–7

United Nations Industrial Development Organization (UNIDO) (2022) Industrial development report 2022: The future of industrialization in a post-pandemic world. Vienna: UNIDO.

Watson, P. (2018) Free zones and their role in economic development. Oxford: Oxford Economics.

World Bank (2020) Global economic prospects: Special focus on trade and global value chains. Washington, DC: World Bank.

Watson, P. (2018) Free zones and their role in economic development. Oxford: Oxford Economics.

World Bank (2020) Global economic prospects: Special focus on trade and global value chains. Washington, DC: World Bank.

Farole, T. (2011) Special economic zones in Africa: Comparing performance and learning from global experience. Washington, DC: World Bank Publications.

Knyaginin, V.N. & Shadrin, A.E. (2012) Institutes for development in Russia: Special economic zones. St. Petersburg: St. Petersburg University Press.

Kuznetsov, A.V. & Kuznetsova, O.V. (2019) ‘The success and failure of Russian SEZs: Some policy lessons’, Transnational Corporations Journal, 26(2), pp.67–92.

Ruzibaeva, R.N. & Khotamkulova, M.S. (2022) ‘Free economic zones in the Republic of Uzbekistan and ways to attract investment in them’, Academy of Entrepreneurship Journal, 28(3), pp.1–7

United Nations Industrial Development Organization (UNIDO) (2022) Industrial development report 2022: The future of industrialization in a post-pandemic world. Vienna: UNIDO.