The Role and Effectiveness of Investments in Ensuring Sustainable Economic Growth (Evidence from the Economy of Uzbekistan)

This article analyzes the role and significance of investments in ensuring further sustainable economic growth on the example of Uzbekistan's economy. The study examines the effects and consequence of foreign direct investments (FDI) and portfolio investments on economic growth, increase in production capacity and technological upgrading. Particular focus is paid to the institutional reform, investment climate improvement and digital transformation in enhancing the effectiveness of investment. The study also assesses the investment structure and their profile of investments in high value-added sectors, innovation and human capital. According to the data, sustainable economic development is based not only on the investment resources but also on their quality, efficiency and long-term nature. From the examination, suggestions on policy focusing on enhancing investment efficiency and realizing balanced economic boom are offered.

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