TOURISM POLICY WITHIN THE STRATEGY OF RENEWAL IN UZBEKISTAN: INSTITUTIONAL FOUNDATIONS OF ECONOMIC GROWTH

Ismoilov Ravshanjon Bahritdinovich; Nuritdinov Azizxon Usmanovich

Authors

Ismoilov Ravshanjon Bahritdinovich University of Business and Science, PhD in Economics Acting Professor, Department of Green Economy
Nuritdinov Azizxon Usmanovich University of Business and Science, Lecturer, Department of Social Sciences

Keywords:

tourism policy, economic growth, GDP, renewal strategy, domestic and international tourism, institutional foundations, hotel infrastructure, tourism export, employment, factor analysis.

Abstract

In the global economic system, the tourism sector serves as a strategic source of sustainable development, playing a pivotal role in ensuring national competitiveness and balanced regional growth. Within the framework of Uzbekistan’s renewal strategy, this article provides a systemic analysis of the role of tourism policy, as well as the institutional and macroeconomic factors influencing the industry's development. Based on official statistical data from 2016–2024, the study comprehensively examines the dynamics of domestic and inbound tourist flows, the efficiency of the hotel industry, the export of tourism services, and employment levels within the sector. The analytical findings confirm that the tourism sector is becoming a decisive driver of economic growth and serves as a primary politico-economic tool for enhancing the country's investment attractiveness and marketing potential.

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