THE IMPORTANCE OF FREE ECONOMIC ZONES IN A MARKET ECONOMY

Authors

  • Ro‘zibayeva Nargiza Hakimovna Associate Professor of the Department of Innovation and Investment Samarkand Institute of Economics and Service
  • Narzullayev Jasurbek Toshbo‘ri o‘g‘li Student of the Faculty of Accounting and Management Samarkand Institute of Economics and Service

Keywords:

Free economic zones (FEZ), foreign investment, economic diversification, innovation, jobs, economic development, globalization, economic growth, FEZ efficiency, market economy.

Abstract

The article is devoted to the study of the importance of free economic zones (FEZ) in a modern market economy. We analyze the effectiveness and impact of FEZs on economic development, drawing on examples of successful and unsuccessful implementations of such zones. Particular attention is paid to the role of FEZs in attracting foreign investment, stimulating innovation, creating jobs, and ensuring economic diversification. The article also examines the challenges faced by FEZs and offers recommendations for optimizing their performance in today's dynamic economic environment.

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Published

2023-11-30

Issue

Vol. 2 No. 11 (2023)

Section

Articles