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Methodological Approaches to Developing Classification Indicators for Assessing the Investment Attractiveness of a Region

Marina Aleksandrovna ShulimovaDepartment of Finance and Accounting, Astrakhan State Technical University, 16 Tatischeva Street, Astrakhan, 414056, RUSSIABekmurod OllanazarovDepartment of Tourism, Urgench State University, 14 Hamid Olimjon Street, Urgench city, 220100, UZBEKISTANNurulla FayzullaevDepartment of Tourism, Urgench State University, 14 Hamid Olimjon Street, Urgench city, 220100, UZBEKISTANZukhra AbdikarimovaDepartment of Economy, Urgench RANCH University of Technology, 26 Khanka Street, Urgench city, 220100, UZBEKISTANJasurbek Anvarovich IsmatullaevDepartment of Economy, Karshi State University, 17 Kuchabag Street, Karshi city, 180119, UZBEKISTAN
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Аннотация

Attracting investment into regional economies has become increasingly important in global economic competition. Investment attractiveness ensures sustainable economic growth by stimulating capital inflows and fostering regional development. This study aims to develop methodological approaches for classifying indicators to assess a region's investment attractiveness. A comprehensive assessment of investment attractiveness requires identifying key factors influencing investment decisions, selecting relevant classification criteria, and analyzing the socio-economic conditions of different regions. The paper reviews existing theoretical and practical approaches to evaluating investment attractiveness in international and national economic literature. It highlights the necessity of considering investment potential and risk when forming a regional investment attractiveness assessment classification system. The study also discusses the impact of regulatory reforms on improving the business climate and attracting foreign direct investment (FDI) in developing economies, with a particular focus on Uzbekistan. The research findings contribute to developing a structured methodological framework for assessing regional investment attractiveness. This framework can serve as a practical tool for policymakers, investors, and business stakeholders to make informed investment decisions and enhance the overall competitiveness of regions.

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