IMPROVING THE MECHANISMS FOR INTEGRATING UZBEKISTAN’S BANKING SYSTEM INTO INTERNATIONAL FINANCIAL MARKETS
Abstract
The integration of Uzbekistan’s banking system into international financial markets is a strategic objective aimed at enhancing financial stability, improving liquidity, and increasing competitiveness. In the context of global financial globalization, such integration enables access to diversified funding sources and advanced financial instruments. It also facilitates the adoption of international best practices in risk management, transparency, and corporate governance. Strengthening the connection with global markets promotes investor confidence and supports sustainable economic growth. However, this process requires substantial institutional reforms, technological upgrades, and the alignment of regulatory frameworks with international standards. Therefore, the study of mechanisms for improving this integration is both scientifically and practically relevant.
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References
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