Forming a strategy for sustainable development of regions on the basis of institutional mechanisms
DOI:
https://doi.org/10.5281/zenodo.19425495Keywords:
regional development, sustainable development strategy, institutional mechanisms, regional differences, business environment, economic regions, small business, investment attractiveness, differential approachAbstract
The article provides a comprehensive analysis of the role of institutional mechanisms in the formation of a sustainable
development strategy for regions and their impact on regional entrepreneurial activity and economic stability. As a
result of institutional reforms aimed at improving the business environment in Uzbekistan, reducing bureaucratic barriers
and optimizing management processes, the dynamics of economic activity, the number of business entities and the share
of small businesses in GDP were studied across regions. The study found that regional differences, uneven development
of infrastructure and the institutional environment justify the need to form sustainable development strategies based on
a differentiated approach. Also, priority areas of sustainable development were systematized across economic regions,
taking into account specialization, development factors and limiting factors. As a result, it was scientifically substantiated
that improving institutional management is an important factor in increasing regional competitiveness, strengthening
investment attractiveness and ensuring long-term sustainable growth of the national economy
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