Foreign Experience of Using Electronic Commerce Systems in Joint Stock Companies

Joint-stock firms' worldwide e-commerce growth is crucial to national economies, and Uzbekistan's strategic emphasis on the digital economy is expected to spur significant expansion. The country's e-commerce participation is still mostly domestic, despite advantageous conditions like internet availability and government assistance. This highlights a substantial knowledge gap in utilizing overseas markets. This study investigated international e-commerce models and their implementation in Uzbekistan using both theoretical and empirical approaches. The findings imply that although e-commerce infrastructure is growing, progress is being hindered by infrastructural and regulatory issues. Through improved digital trade, addressing these problems could promote global competitiveness and support sustainable economic development, both of which are in line with the "Digital Uzbekistan 2030" vision.

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Publication Details

Journal
Academic Journal of Digital Economics and Stability
Published
2024-10-24
DOI
https://doi.org/10.51699/economics.v37i4.168
Primary Topic
Digitalization and Economic Development in Agriculture
Type
article
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article

Foreign Experience of Using Electronic Commerce Systems in Joint Stock Companies

Нозимов Элдор Анварович
Academic Journal of Digital Economics and Stability
Digitalization and Economic Development in Agriculture
article

Foreign Experience of Using Electronic Commerce Systems in Joint Stock Companies

Нозимов Элдор Анварович
article en

Abstract

Joint-stock firms' worldwide e-commerce growth is crucial to national economies, and Uzbekistan's strategic emphasis on the digital economy is expected to spur significant expansion. The country's e-commerce participation is still mostly domestic, despite advantageous conditions like internet availability and government assistance. This highlights a substantial knowledge gap in utilizing overseas markets. This study investigated international e-commerce models and their implementation in Uzbekistan using both theoretical and empirical approaches. The findings imply that although e-commerce infrastructure is growing, progress is being hindered by infrastructural and regulatory issues. Through improved digital trade, addressing these problems could promote global competitiveness and support sustainable economic development, both of which are in line with the "Digital Uzbekistan 2030" vision.

Academic Journal of Digital Economics and StabilityVol. 37(4)
Samarkand Institute of Economics and Service (UZ)
Partnerships for the goals
Openalex Percentile: Top 67%
Digitalization and Economic Development in Agriculture
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Foreign Experience of Using Electronic Commerce Systems in Joint Stock Companies — Нозимов Элдор Анварович · Academic Journal of Digital Economics and Stability (2024) | TGRS Research Map | TGRS