REGULATORY AND FINANCIAL BARRIERS TO SME DEVELOPMENT IN EMERGING MARKETS (IN CASE OF UZBEKISTAN)
DOI:
https://doi.org/10.55439/INS/vol2_iss1/247##article.subject##:
SMEs, regulatory barriers, financial constraints, emerging markets, Uzbekistan.##article.abstract##
Small and Medium Enterprises (SMEs) play a crucial role in the economic development of emerging markets. However, regulatory and financial barriers often hinder their growth. This study examines the regulatory and financial constraints affecting SME development in Uzbekistan. Using a mixed-methods approach, we analyze policy frameworks, access to finance, and business environment constraints. The findings highlight major impediments and suggest policy recommendations to improve SME performance in Uzbekistan.
References
Asian Development Bank. (2022). Uzbekistan: Financial sector development report. ADB Publications.
Beck, T., & Demirgüç-Kunt, A. (2006). Small and medium-size enterprises: Access to finance as a growth constraint. Journal of Banking & Finance, 30(11), 2931-2943.
Djankov, S., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2002). The regulation of entry. Quarterly Journal of Economics, 117(1), 1-37.
OECD. (2021). SME Policy Index: Eastern Partner Countries 2021. OECD Publishing.
World Bank. (2020). SMEs and economic development: Global trends and challenges. World Bank Reports.
World Bank. (2021). Uzbekistan’s private sector development strategy. World Bank Publications.
Bakhtiyorov, A. (2023). ECONOMIC SIDE EFFECTS OF OPEN MARKET SYSTEM TO DEVELOPING COUNTRIES. Solution of social problems in management and economy, 2(8), 9-11.
Bakhtiyorov, A. (2022). Trade And Economic Performance Through Digital Economy. Gospodarka i Innowacje., 24, 720-726.
Bakhtiyorov, A. (2022). BREAKTHROUGH OF DIGITALIZATION DUE TO THE INNOVATION ECONOMY AND THE EFFECT OF THEIR COLLABORATION FOR ECONOMIC PROSPERITY. BEST SCIENTIFIC RESEARCH-2023, 1(1), 41-49.
Sanjarovna, K. R., & Feruz-oglu, B. A. (2023, January). OUTCOME OF E-TRADE, CREATING BY ACCELERATING DIGITAL ECONOMY. In E Conference Zone (pp. 40-43).
Khamdamov, S. J. (2024). THE IMPACT OF CENTRAL BANK POLICIES AND DIGITALIZATION ON GDP GROWTH IN UZBEKISTAN. Страховой рынок Узбекистана, 1(6), 7-10.
Khamdamov, S. J., Kakhramonova, U., & Usmanov, A. (2024). GREEN ECONOMY AS A DRIVER OF SUSTAINABLE ECONOMIC GROWTH IN UZBEKISTAN. Страховой рынок Узбекистана, 1(8), 64-66.
Baratova Dinora Alisherovna. (2024). TAKAFFUL SUG`URTA VA UNING SUG’URTA BOZORIDAGI O’RNI. Страховой рынок Узбекистана, 1(10), 8–10. извлечено от https://insurance.tsue.uz/index.php/journal/article/view/185
Downloads
##submissions.published##
How to Cite
##issue.issue##
##section.section##
License
Copyright (c) 2025 Tojiyev Abror Rakhmonalievich
This work is licensed under a Creative Commons Attribution 4.0 International License.
