IMPACT OF GLOBAL ECONOMIC DEVELOPMENT TRENDS ON THE DEVELOPMENT OF NATIONAL ECONOMIES.

Abstract

This article investigates the impact of global economic development trends on the economic growth of national economies, with a particular focus on Uzbekistan. The study analyzes key macroeconomic indicators such as GDP growth, inflation rates, unemployment levels, foreign direct investment (FDI), and trade balances, using statistical software and data tables to assess the influence of global trends on Uzbekistan's economy from 2001 to 2023. Time series analysis and regression models are employed to identify relationships between global economic shifts and national economic outcomes. The findings reveal that while global economic trends, including trade liberalization and technological advancements, positively influence Uzbekistan’s economic growth. In our study, we specifically employed time series models, including OLS and VAR models. Furthermore, tables offers a clear visualization of how global economic integration impacts Uzbekistan’s economic performance and highlights the broader implications of globalization for emerging economies.