Foreign Experiences in Regional Economic Development and Ways of Their Effective Utilization in the Conditions of Uzbekistan
Abstract
This article studies and analyzes the experiences of developed countries such as the USA, Germany, Turkey, and Japan in the field of regional economic development. The main approaches, strategies, and mechanisms of these foreign experiences are examined, and directions that could be effective in practice for application in the conditions of Uzbekistan are recommended. The article emphasizes the importance of a comprehensive approach including infrastructure, investments, innovations, social and cultural aspects. It also extensively explores ways to utilize foreign experience to reduce regional inequalities and achieve sustainable economic growth. Additionally, practical recommendations are proposed for the further development of Uzbekistan’s regions.