Uzbekistan’s digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower than in advanced economies, digitalization is already high in certain regions and sectors, in particular e-commerce and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across sectors. Going forward, digitalization will continue to reshape the Uzbekistan’s economy by improving efficiency, softening though not reversing, the downward trend of potential growth as the economy matures. The government should play a vital role in maximizing the benefits of digitalization while minimizing related risks, such as potential labor disruption, privacy infringement, emerging oligopolies, and financial risks.
Uzbekistan’s digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower than in advanced economies, digitalization is already high in certain regions and sectors, in particular e-commerce and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across sectors. Going forward, digitalization will continue to reshape the Uzbekistan’s economy by improving efficiency, softening though not reversing, the downward trend of potential growth as the economy matures. The government should play a vital role in maximizing the benefits of digitalization while minimizing related risks, such as potential labor disruption, privacy infringement, emerging oligopolies, and financial risks.
| № | Author name | position | Name of organisation |
|---|---|---|---|
| 1 | Tursunova M.T. | Assistant | Tashkent Information Technologies University named after Muhammad Al-Khwarizmi |
| № | Name of reference |
|---|---|
| 1 | 1. R. Meshcheryakov “Digital economy: how specialists understand this term”, RIA Novosti, 16th June, 2017 |
| 2 | 2. Digital economy: 2019: a short statistical collection / G. I. Abdrakhmanova, K. O. Vishnevsky, L. M. Gokhberg and others; University Higher School of Economics. - M.: NRU HSE, 2019. |
| 3 | 3. G20 Digital Economy Development and Cooperation Initiative |
| 4 | 4. https://www.uzdaily |