Trends and Problems of Development of Electronic Commerce in the Republic of Uzbekistan

Abstract

Objective: The purpose of the article is an objective assessment of the state of electronic commerce in the Central Asian region, on the basis of which the identification of urgent problems that impede the expansion of online commerce in Uzbekistan in the context of a serious transformation in the digital space. The development of networks of modern highly efficient forms and methods of trade leads to its transformation into a modern service industry. In particular, these are small forms of trade: convenience stores or retail outlets at gas stations, discounters.
 
 Methodology: The paper uses the SWOT analysis method to assess the level of development of electronic commerce, its competitive advantages and prospects for further development, as well as forecasting methods to develop predictive indicators of trade development based on extrapolation.
 
 Results: This has a positive impact on a variety of parameters, including the rate of inflation, the proportion of the population whose income is below the level needed for subsistence, the dynamics of the gross regional product, and the growth of cross-border trade, amongst other things.
 
 Conclusion: When the proportion of a country's and region's gross domestic product (GDP) contributed by e-commerce grows, the indicators of socioeconomic development improve. At this stage, the task is to build our own e-commerce environment and integrate with global systems based on long-term strategies, determine the e-commerce architecture, which can be centralized (a single supranational structure), decentralized (a set of national structures) or hybrid.