IMPACT OF TRADE WARS ON GLOBAL ECONOMIC GROWTH: THE CASE OF UZBEKISTAN

IMPACT OF TRADE WARS ON GLOBAL ECONOMIC GROWTH: THE CASE OF UZBEKISTAN

Authors

  • Kosimov Shokhrukhbek Ilxomjon ugli Tashkent State University of Economics Universitas Pendidikan Indonesia https://orcid.org/0009-0002-3545-8452
  • Dr. H. Amir Machmud Prof., S.E., M.Si. Universitas Pendidikan Indonesia

DOI:

https://doi.org/10.5281/zenodo.17436717

Keywords:

trade wars, economic growth, Uzbekistan, global economy, tariffs, protectionism, international trade.

Abstract

This essay examines the influence of international trade conflicts on the economic development of Uzbekistan a
Central Asian developing country undergoing major economic reforms and international integration. The analysis focuses
on trade volumes, foreign direct investment (FDI) inflows, and price stability. In recent years, trade wars characterized
by increased tariffs, punitive measures, and disrupted global supply chains have become more prevalent, particularly
between major powers such as the United States and China.
Using a mixed-methods approach, the study combines quantitative data analysis with qualitative insights from interviews
with economists and policy experts. Time-series economic data from 2010 to 2024 were used to correlate key national
indicators with global trade tensions. Concurrently, expert interviews contextualized the statistical fndings and deepened
understanding of how trade policies and economic responses evolve during periods of global instability.



References

Bown, C., & Irwin, D. (2019). The Trump Trade War: Its Motivations, Manifestation, and the Future. Journal of Economic

Perspectives.

IMF. (2020). World Economic Outlook: The Great Lockdown. International Monetary Fund.

Karimov, M. (2022). Trade Diversifcation in Uzbekistan: Trends and Prospects. Uzbek Economic Review.

Ziyadullaev, K. (2021). Central Asia and the Global Trade War: A Vulnerability Analysis. Asian Journal of Economics

and Finance.

World Bank. (Various years). Uzbekistan Economic Update.

State Statistics Committee of the Republic of Uzbekistan. (2024). Trade and Investment Statistics Report.

https://yashil-iqtisodiyot-taraqqiyot.uz/journal

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Published

2025-04-30

How to Cite

Kosimov Shokhrukhbek Ilxomjon ugli, & Dr. H. Amir Machmud. (2025). IMPACT OF TRADE WARS ON GLOBAL ECONOMIC GROWTH: THE CASE OF UZBEKISTAN. Innovation Science and Technology, 1(4), 67–70. https://doi.org/10.5281/zenodo.17436717
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