ECONOMIC MECHANISMS FOR THE DEVELOPMENT OF THE SERVICE SECTOR WITHIN THE FRAMEWORK OF THE NEW UZBEKISTAN DEVELOPMENT STRATEGY

Authors

  • Bayjanov Sarsengaliy Khalmuratovich, Abishov Muxammed Sarsenbaevich professor , associate professor , Karakalpak State University, Nukus, Uzbekistan

DOI:

https://doi.org/10.55640/

Keywords:

service sector, economic mechanisms, regional development, innovation, digital economy, Uzbekistan.

Abstract

The development of the service sector has become one of the most important drivers of economic growth in modern economies. In many countries, the service sector accounts for the largest share of gross domestic product and employment. This article examines the economic mechanisms for developing the service sector within the framework of the New Uzbekistan Development Strategy. The study analyzes theoretical approaches to service sector development, identifies key institutional and economic factors influencing its growth, and evaluates the role of government policy in supporting service industries. Particular attention is given to regional aspects of service sector development, including the Republic of Karakalpakstan. The research is based on statistical data, economic analysis, and international experience. The results show that improving infrastructure, strengthening institutional mechanisms, and promoting digital technologies are essential for sustainable development of the service sector in Uzbekistan.

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References

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Published

2026-03-17

Issue

Vol. 5 No. 03 (2026): Journal of Multidisciplinary Sciences and Innovations

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.

How to Cite

ECONOMIC MECHANISMS FOR THE DEVELOPMENT OF THE SERVICE SECTOR WITHIN THE FRAMEWORK OF THE NEW UZBEKISTAN DEVELOPMENT STRATEGY. (2026). Journal of Multidisciplinary Sciences and Innovations, 5(03), 1230-1235. https://doi.org/10.55640/

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