DEVELOPMENT OF FISCAL POLICY IN UZBEKISTAN

This study examines the development of fiscal policy in Uzbekistan from 2010 to 2024, focusing on its impact on economic growth and Foreign Direct Investment (FDI). Using a synthetic dataset based on IMF and World Bank trends, the analysis employs a multiple linear regression model to assess the influence of Nominal GDP, Tax Revenue, Fiscal Deficit, and Public Debt on FDI as a percentage of GDP. The findings reveal that Nominal GDP significantly drives FDI, with a one-billion-dollar increase in GDP raising FDI by zero point zero one three five percent of GDP, while Tax Revenue, Fiscal Deficit, and Public Debt show no significant effect.

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-05-26
DOI
https://doi.org/10.5281/zenodo.15514831
Primary Topic
Water and Wastewater Treatment
Type
article
Field-Weighted Citation Impact
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article

DEVELOPMENT OF FISCAL POLICY IN UZBEKISTAN

Zenodo (CERN European Organization for Nuclear Research)
Water and Wastewater Treatment
article

DEVELOPMENT OF FISCAL POLICY IN UZBEKISTAN

article en

Abstract

This study examines the development of fiscal policy in Uzbekistan from 2010 to 2024, focusing on its impact on economic growth and Foreign Direct Investment (FDI). Using a synthetic dataset based on IMF and World Bank trends, the analysis employs a multiple linear regression model to assess the influence of Nominal GDP, Tax Revenue, Fiscal Deficit, and Public Debt on FDI as a percentage of GDP. The findings reveal that Nominal GDP significantly drives FDI, with a one-billion-dollar increase in GDP raising FDI by zero point zero one three five percent of GDP, while Tax Revenue, Fiscal Deficit, and Public Debt show no significant effect.

Zenodo (CERN European Organization for Nuclear Research)
Decent work and economic growth
Openalex Percentile: Top 56%
Water and Wastewater Treatment
DOIOpen Access PDFOpenAlex
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DEVELOPMENT OF FISCAL POLICY IN UZBEKISTAN · Zenodo (CERN European Organization for Nuclear Research) (2025) | TGRS Research Map | TGRS