State-Partnership Models of Foreign Countries for Improving The Economic Mechanism of The Service Sector and Their Significance
Corresponding Author(s) : Muxammadiev Kamoliddin Gulomiddinovich
American Journal of Economics and Business Management,
Vol. 8 No. 5 (2025): May
Abstract
This article demonstrates how other nations have developed the service sector, improved the economic mechanism and its classification, implemented public-private partnership projects, and introduced novel ways for the public sector to enter into contracts with the private sector using its own funds. Regarding the significance of training, scientific guidance is provided. The many state-partnership methods used by other nations to improve the economic mechanisms in the service sector are examined in this study. Effective cooperation between the public and private sectors is crucial for competitiveness, innovation, and sustainable growth as the service sector takes centre stage in global economies. In order to identify important frameworks, policy tools, and principles that support the development of the service sector, the article examines successful international case studies, such as institutional collaborations, public-private partnerships (PPPs), and strategic alliances. The flexibility of these models to various economic environments and their contribution to enhancing infrastructure development, investor appeal, regulatory effectiveness, and service quality are highlighted. The study comes to the conclusion that well-designed state-partnership models are essential tools for modernising the service sector in both rich and developing nations since they not only boost economic activity but also improve institutional capacity and governance.
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- Decree of the President of the Republic of Uzbekistan, No. PF-60 dated 28.01.2022.
- Romanovich V.K., S.N. Korobkova, V.I. Kravchenko, S.V. Orlov, I.P. Pavlova “Service activity”: textbook. pos.: supplemented. ed. –3rd ed.–SPb.: Peter, 2005.–156 p.
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References
Decree of the President of the Republic of Uzbekistan, No. PF-60 dated 28.01.2022.
Romanovich V.K., S.N. Korobkova, V.I. Kravchenko, S.V. Orlov, I.P. Pavlova “Service activity”: textbook. pos.: supplemented. ed. –3rd ed.–SPb.: Peter, 2005.–156 p.
Muhammedov M.M. . and others. Modern problems of the regional economy. Monograph. – T.: LESSON PRESS, 2020.
Statistics Agency of the Republic of Uzbekistan. Socio-Economic Situation of the Republic of Uzbekistan; UzStat: Tashkent, Uzbekistan; Available online: https://stat.uz/en/quarterly-reports (accessed on 1 July 2024).
Central Asia Regional Economic Cooperation. Railway Sector Assessment for Uzbekistan; CAREC Institute: Urumqi, China, 2021; pp. 2–27. Available online: https://carecprogram.org/?publication=railway-sector-assessment-for-uzbekistan (accessed on 1 July 2024).
International Energy Agency. Uzbekistan 2022 Energy Policy Review; OECD Publishing: Paris, France, 2022; pp. 12–71. [Google Scholar] [CrossRef]
Pardaev M.K. Theory of economic analysis. Textbook. (third revised edition) – T.: “Innovative Development Publishing House” State Enterprise, 2020. – 588 p.
Ergashev R.Kh. Ways to increase the efficiency of service enterprises. // Modernization of the national economy on the basis of innovative development: problems, solutions and prospects. – Karshi: RIAA., 2015 – P. 259-261.
Kuvondikov Sh.O. Problems of development of family entrepreneurship in the service sector. Candidate of Economic Sciences. Dissertation abstract. Samarkand: SamISI, 2008.- 23 p..
National Database of Legislation of the Republic of Uzbekistan—Presidential Decree No.2706 of the Republic of Uzbekistan, dated 29/12/2016. Available online: https://lex.uz/docs/3470786 (accessed on 25 July 2024).
Mirzaev K.Zh., T.S. Sharipov, Sh.A. Sultanov and others: Economics of the service sector (textbook), Samarkand-2021
World proved crude oil reserves. Oil Energy Trends Annu. Stat. Rev. 2023, 44, 19–22. [CrossRef]
Global Energy Monitoring—Energy Projects. Available online: https://globalenergymonitor.org/projects/ (accessed on 1 July 2024).
United Nations. 1/CMA.5 Outcome of the First Global Stocktake; United Nations Climate Change: New York, NY, USA, 2024; Available online: https://unfccc.int/documents/637073 (accessed on 1 July 2024).
“National Center for PPP”, “Simply and honestly about investments in infrastructure and public-private partnership in Russia” analytical review, Moscow, 2019, p. 96,101.
“National Center for GChP”, “Prosto i chestno ob investistiakh vy infrastrukturi i gosudarstvenno-chastnom partnerstve v Rossii” analitechiskey obzor, Moscow, 2019, st. 96,101.