Increasing the role of Uzbekistan in the international labor market, focusing on European countries, not Asian countries

Abstract

This research compare the disadvantages and opportunities facing Uzbekistan in its efforts to improve its position in the international labor market. It analyzes the current situation of state of Uzbekistan’s workforce, identifies key areas for improvemеnt, and explores strategies for еnhancing competitiveness and promoting labor mobility. The article considers factors such as, minimum wage, unemployment, labor market policies, and the attraction of foreign investment, offering recommendations for strengthening Uzbekistan's role in the global economy.

Our study specifically used time series models, namely OLS and VAR models. Through these studies, we can know exactly which areas are failing and which areas we can focus on to achieve the desired results. However, it also shows how low the effectiveness of the actions we are currently taking is.