Page 13 - Theoretical and Practical Interpretation of Investment Attractiveness
P. 13
“Since you cannot approve of everyone's sin, keep your eyes
closed”. J. Rumi
CHAPTER 1. SCIENTIFIC AND THEORETICAL FOUNDATIONS OF
INVESTMENT ATTRACTIVENESS
1.1. Investments attractiveness: essence, composition and evaluation criteria
When conducting scientific research to ensure the comprehensive development of the
country and increase the attractiveness of the investment environment, first of all, the potential
of the country and its regions is examined, assessed, classified factors of influence, and
identified interrelated aspects through economic aspects. mathematical and econometric
methods, as noted, is one of the tasks of this study.
To do this, it is important to analyze the experience used in developed countries and
brought good results, to develop scientific-methodological and theoretical-practical proposals
and recommendations for the implementation of successful methods and factors throughout
Uzbekistan and its regions .
It is known that the distribution of the population and the processes of economic
activity are unevenly distributed in the regions of our planet. We can clearly see and easily
recognize this from photographs taken from space. These images show the large populations,
densities, and high urbanization of Western Europe, Japan, Southeast China, and the United
States, all located on ocean frontiers, with abundant highways, traffic, and high levels of
intersections. together.
At the moment, most of the regions of Africa, Tibet and Siberia, Australia are waterless
deserts, dark forests, where human life is not developed and the population is small. The
reason for this is that for thousands of years people have tried to develop lands with a
favorable climate and high productivity and lead a sedentary lifestyle there. Naturally, human
civilization also appeared in those regions. Later, that is, during the period of industrialization,
efforts began to move to areas where minerals were discovered in order to acquire cheap raw
materials. In the modern world, economic development occurs in highly concentrated
agglomerations .
2
If you look at the scale of a particular country, you can see that the population, density
and location of economic power are distributed differently across regions and territories.
Regions differ from each other in terms of conditions, amount of natural resources, land
fertility, and proximity to water resources. The existence of several economic centers
throughout the country and the real situation in regions remote from the center show that their
economic development is stratified. This can only be seen in the example of gross regional
product per capita. It is because of the above factors that investors try to invest their capital
2
An agglomeration is a metropolis and highly urbanized areas that generate knowledge and innovation, have financial,
administrative and logistics centers, transport links and developed markets for consumer goods.
10