REGIONAL ECONOMY AND FOREIGN INVESTMENT AS CATALYSTS FOR GROWTH

Authors

  • Sherzod Abduvakhob ugli Gafurov Masters’ student of Tashkent Financial Institute
  • L.Sh. Sabirova Scientific supervisor: Associate Professor

Keywords:

regional economy, foreign investment, foreign direct investment (FDI), economic development, innovation, job creation, human capital development, infrastructure development, globalization, sustainable development.

Abstract

This article delves into the intricate relationship between regional economies and foreign investment, elucidating the catalytic role played by the latter in fostering robust growth. The exploration begins with an overview of foreign investment, emphasizing the dynamic nature of capital flows across borders, with a focus on Foreign Direct Investment (FDI). The discussion unfolds to highlight how foreign investment serves as a powerful stimulant for economic growth in regions, injecting capital that fuels infrastructure development, technological advancements, and human capital improvement.

References

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Scott-Kennel, J. (2004). Foreign direct investment: a catalyst for local firm development?. The European Journal of Development Research, 16, 624-652.

Bathelt, H., & Buchholz, M. (2019). Outward foreign direct investments as a catalyst of urban-regional income development? Evidence from the United States. Economic Geography, 95(5), 442-466.

Frick, S. A., & Rodríguez-Pose, A. (2019). Are special economic zones in emerging countries a catalyst for the growth of surrounding areas?. Transnational Corporations Journal, 26(2).

Zoyirovna, M. K. (2022). Importance of enterprises with foreign investment in the development of the regional economy. Gospodarka i Innowacje., 29, 219-225.

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Published

2023-12-22

How to Cite

Gafurov , S. A. ugli, & Sabirova , L. (2023). REGIONAL ECONOMY AND FOREIGN INVESTMENT AS CATALYSTS FOR GROWTH. Educational Research in Universal Sciences, 2(17 SPECIAL), 559–563. Retrieved from http://erus.uz/index.php/er/article/view/5247