GREEN INVESTMENT AND ECONOMIC GROWTH: LESSONS FOR UZBEKISTAN
Keywords:
Investment, Economic Growth, Foreign Direct Investment (FDI), Public Investment, Domestic Investment, Uzbekistan, Capital Formation, Macroeconomic Policy, Economic Development, Empirical AnalysisAbstract
This study explores how green investment affects economic growth, focusing on foreign direct investment (FDI), domestic, and public investment. A literature review shows FDI’s impact depends on factors like political stability, regulations, and infrastructure. Econometric analysis confirms a strong link between investment and GDP growth, especially in developing countries. Uzbekistan’s post-2017 investment-led growth is a key example, with FDI flowing into manufacturing, energy, and digital sectors, driven by countries like China, Russia, and the U.S. However, challenges such as debt, regulatory issues, and dependence on a few trade partners remain. The study highlights the importance of strategic policies to ensure sustained economic progress.
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