Special Features Of International Financial Centres And Its Establishment In Uzbekistan
Abstract
The most important tasks in the field of economic development are attracting foreign investments into the economy of our country, creating favourable conditions for them, providing legal protection and further improving the investment climate. The article analyzes the basic concepts of the international financial centre and its brief history, the views of several scholars from different countries on international financial centres and their types. Prospects for the establishment of international financial centres in Uzbekistan were also studied. This was demonstrated as a result of the analysis of the legal, financial and other possibilities of establishing an international financial centre based on common law in Uzbekistan.
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PhD Candidate
Abstract
The most important tasks in the field of economic development are attracting foreign investments into the economy of our country, creating favourable conditions for them, providing legal protection and further improving the investment climate. The article analyzes the basic concepts of the international financial centre and its brief history, the views of several scholars from different countries on international financial centres and their types. Prospects for the establishment of international financial centres in Uzbekistan were also studied. This was demonstrated as a result of the analysis of the legal, financial and other possibilities of establishing an international financial centre based on common law in Uzbekistan.
References
№4848 decree of President of the Republic of Uzbekistan on “On additional measures to ensure the rapid development of the entrepreneurial activity, comprehensive protection of private property and improving the quality of the business environment”, 2016.
№4917 decree of President of the Republic of Uzbekistan on “National Action Strategy for Five Priority Development Areas in 2017-2021”, 2017.
Drobyshevskiy S.M., Khudko E.V., Velikova E.E. (2010). Perspectives on the creation of an international financial centre in the Russian Federation. Moscow. Gaydara Institute. 28 p.
Zayniddinov, R. (2020). Socio-economic development with foreign trade (trio of emerging markets, transition economy and investment attractiveness). Архив научных исследований, (22).
