Poem from Akramova Sarvinoz

Young Central Asian woman with brown eyes, long straight brown hair, small earrings, and a black coat over a white collared top.

Akramova Sarvinoz Boboyor qizi,

Student of Navoi State University

Orcid ID: 0009-0003-9780-3976

Email: akramovasarvinoz53@gmail.com

Parents

My father is my mountain-strong support,
My mother, a river of love and joy.
While they are here, the world shines bright,
From them are born my love and delight.

My father’s labor is patience and might,
My mother’s prayer — the greatest light.
From two pure hearts, love was made,
A lifelong torch that lights my way.

Their words are lessons, their glances — bliss,
In every breath, their traces exist.
While they are here, the world shines bright,
From them are born my love and delight.

Essay from Abduhamidova Nihola

(Young Central Asian woman with long dark hair in a ponytail, small earrings and a long white necklace, and a deep purple coat over a collared white top)

METHODOLOGICAL FOUNDATIONS FOR THE EFFECTIVE USE OF MULTIMEDIA TOOLS IN LITERATURE LESSONS

Abduhamidova Nihola

Namangan State Pedagogical Institute

Master’s Student, Uzbek Language and Literature

Abstract

This article examines the methodological and organizational foundations for the effective integration of multimedia tools in literature education. It highlights the pedagogical potential of multimedia technologies in developing students’ literary and aesthetic worldview, fostering critical thinking, and increasing learning motivation. Based on theoretical analysis and practical teaching experience, the study offers methodological recommendations for literature teachers on the purposeful use of modern digital resources in classroom instruction.

Keywords: literature education, multimedia technologies, interactive lessons, teaching methodology, instructional effectiveness, digital learning tools

Introduction

In recent years, the rapid digital transformation of education has necessitated the adoption of innovative teaching strategies. Within the context of literature education, the effective use of multimedia tools plays a crucial role in developing students’ artistic thinking, aesthetic sensitivity, and interpretive skills. Traditional teacher-centered methods are increasingly being supplemented by digital technologies that enhance lesson interactivity and student engagement (Ahmedova, 2020).

Modern educational practice emphasizes transforming learners from passive recipients of information into active participants in the learning process. Multimedia technologies—such as audio, video, images, animations, and interactive texts—create a multisensory learning environment that supports deeper comprehension and long-term retention. These tools enable students to visualize historical and cultural contexts, analyze literary texts more effectively, and establish emotional connections with literary works (Karimova, 2019).

For instance, presenting scenes from Abdullah Qodiriy’s Bygone Days through film adaptations, historical maps, or visual illustrations allows learners to better understand the social and cultural realities of the depicted period. Audio recordings of literary texts, digital books, infographics, and interactive quizzes further accommodate diverse learning styles and promote learner-centered instruction.

Methodological Approaches to Using Multimedia in Literature Lessons

The effective integration of multimedia tools in literature classes requires systematic methodological planning at all stages of the lesson. The following instructional framework is recommended:

Preparation Phase: Introducing background information through short videos, presentations, or infographics related to the author, historical period, or literary movement.

Presentation Phase: Combining text reading with multimedia resources such as documentaries, author interviews, thematic video clips, or visual illustrations.

Consolidation Phase: Reinforcing learning through interactive activities, including online quizzes, digital storytelling, group discussions, or collaborative multimedia tasks.

Assessment Phase: Evaluating learning outcomes using online tests, multimedia project presentations, peer assessment, and reflective digital portfolios.

This structured approach supports differentiated instruction and enhances students’ analytical, interpretive, and creative abilities.

Pedagogical and Theoretical Foundations

Audiovisual and Multimodal Pedagogy

Audiovisual education emphasizes the combined use of visual and auditory stimuli to improve comprehension and memory retention. Multimodal instruction enables learners to process information through multiple channels, increasing engagement and understanding.

Active and Constructivist Learning

Research demonstrates that active learning strategies—where students discuss, analyze, and interact with content—significantly improve academic performance compared to traditional lecture-based methods. Constructivist learning theory suggests that multimedia tools facilitate active knowledge construction, particularly through collaborative projects and digital storytelling.

Cognitive Load and Multimedia Design

According to Cognitive Load Theory, well-designed multimedia materials that integrate relevant visuals, narration, and text can enhance learning without overloading students’ working memory. Effective multimedia instruction minimizes extraneous information and presents content in a clear, sequential manner.

Evidence of Multimedia Effectiveness

Empirical studies across educational disciplines confirm that multimedia-based instruction improves learner motivation, comprehension, and academic performance. In literature education specifically, the use of films, animations, presentations, and audio recordings has been shown to increase students’ interest in literary texts and deepen their understanding of themes, characters, and stylistic features (Mamarasulova, 2021).

Activities such as dramatizing literary scenes, listening to poetry performances, or creating student-produced videos encourage creativity and critical thinking. These practices shift learners from passive consumers of content to active creators, which is essential for effective literature instruction.

Best-Practice Methodological Strategies

Alignment of Tools and Objectives: Multimedia tools should be selected according to lesson goals—for example, digital storytelling for narrative analysis, interactive quizzes for formative assessment, and infographics for collaborative interpretation.

Scaffolding and Media Literacy: Students should be guided in both technical skills and critical analysis of multimedia content to support deeper literary understanding.

Differentiation and Accessibility: Subtitles, adjustable pacing, and multiple content formats should be used to accommodate diverse learning needs and promote inclusive education.

Assessment and Evaluation: Clear rubrics should be developed to assess literary interpretation, multimedia literacy, creativity, and collaboration.

Conclusion

The integration of multimedia tools into literature teaching creates a dynamic and student-centered learning environment that effectively combines traditional and modern pedagogical approaches. When used purposefully and methodologically, multimedia technologies enhance instructional quality, support diverse learners, and foster deeper literary comprehension.

To achieve these outcomes, literature teachers must develop both subject-matter expertise and digital pedagogical competence. Multimedia tools should function as enriching instructional resources aligned with educational objectives rather than as replacements for fundamental teaching methods. Thoughtful and systematic use of multimedia ensures meaningful, engaging, and effective literature education in the digital age.

Poetry from Dilafro’z Sultanova

Young Central Asian woman with dark curly hair, brown eyes, and a floral top.

Beleever 

They say it is useless, some people say 

They say it will never heal anyway

But, there are some who do not believe in Beleever

And some are waiting, hoping it will fail forever

From a company in Japan,

From Shisiyado Siyako’s hand.

From Marjon Calcium’s harmony,

It opens the door to healthy destiny.

Beleever, Beleever, oh Beleever,

We truly love you forever.

Beleever, Beleever, oh Beleever,

With you our lives are healthier.

Some have already been cured,

Some have risen, their strength secured.

Many found joy and a brand-new start,

Some are eager to drink with heart.

Some cannot reach the product’s way,

But those who drink are healed each day.

Some expected death in despair,

But found new life and fresh air.

Some passed with honor, that is true,

But many still love Beleever too.

Beleever, Beleever, oh Beleever,

We truly love you forever.

Beleever, Beleever, oh Beleever,

With you our lives are healthier.

Dilafro‘z Sultanova, daughter of Azimboy, was born in 1996 in the To‘rtko‘l district of the Republic of Karakalpakstan. She stepped into the world of literature in 2025 and has since emerged as a prolific and dedicated creative writer. To date, she is the author of thousands of literary works and the holder of several international certificates.

Her creative portfolio is diverse, encompassing quotes, monologues, life-based stories, poems, and traditional ghazals. Through her writing, she reflects deep emotional insight and a strong connection to real-life experiences. Several of her poems are currently being adapted into songs, marking a new stage in her artistic journey and highlighting the growing recognition of her work.

Poetry from Dmitriy Kogan

I write from the gutter
I write from the gutter
my poems
belong in a trash fire
and even if I had the choice
to write from an ivory tower
my legs couldn’t climb it
they’d give out
at the first step

Art snobs and theater kids
Art snobs and theater kids
always rubbed me the wrong way
and I still don’t understand
90% of the poems I read in journals
even though I write them, too

beauty isn’t made
by people with an education

when a bum on the street
throws up on the sidewalk
that’s real art

If you can play
If you can play the guitar
you can make someone else happier
when they’re down on their luck
and need a good tune to keep 
them from
drowning 
in a river
of sadness

I like cheese
I like cheese
I always liked cheese
because mice eat cheese
and I’m quiet like a mouse

Mean like the grinch
Mean like the grinch
Bitter like Scrooge
Sour like Mencken
Bah
humbug

—-

Dmitriy Kogan is a short story writer, poet, and essayist from Staten Island, New York. His work has appeared in The Beatnik Cowboy, The Rye Whiskey Review, Oddball Magazine, and A Thin Slice of Anxiety.

Poetry from Dr. Fernando Martinez Alderete

Middle aged Latino man with a black beanie and binoculars, wearing a white shirt and black pants.

The Echo of Your Light

I don’t seek you in the stars, nor in the breeze,
For the map of my world is you alone,
A sanctuary of moments and of peace,
Where my soul finds rest and light is shown.
Your laughter is the rhyme that fits just right,
The language that I feel, yet cannot speak,
A mystic compass, steady and so bright,
Guiding me to the love that I once sought.
If time were only sand held in my palm,
I’d stop the clock right there within your gaze,
To turn the distant days into a calm,
Eternal present that will never fade.
Because loving you is not just how I feel,
It is the way I choose to walk my part:
With your name as a breath that makes it real,
And a home that always beats within your heart.

Fernando Josè Martìnez Alderete

Mexico

The Center of Everything

Beyond the noise and the rising tide,
where time no longer holds its sway,
there is a corner where souls reside:
in the heart of life, far away.
​There, peace is not a hollow dream,
but the pulse that guides the way;
in that calm center, a steady beam,
where all my shadows fade to gray.

Reflection in Your Eyes

I seek no stars in the cold night sky,
nor treasures that time will eventually take,
the flow of your river is enough for me
and the peace that your hand will make.
​You are the silence that calls my name,
the light that makes my journey clear;
if the world is a dance of shadows and flame,
you are my light and my fate, my dear.

Dr. Fernando Martinez Alderete

Writer, poet, theater actor, radio producer. Born in Leon, Guanajuato, Mexico on April 21, 1977, President of Mil Mentes por México in Guanajuato. Dr. HC, global leadership and literature.

His poems are published in more than 200 anthologies in 15 countries around the world and he is the author of ten books of poetry, short stories and novels.

Essay from Jumayev Sanjar Ilyos ogli

THE ROLE OF YOUTH IN SHAPING UZBEKISTAN’S POLITICAL AND SOCIAL TRANSFORMATION UNDER SHAVKAT MIRZIYOYEV’S “NEW UZBEKISTAN” VISION

Jumayev Sanjar Ilyos ogli is a 2nd year student at the Karakalpak State University named after Berdaq

e-mail: sanjar2005j@outlook.com +998886566005

Abstract

This article explores the pivotal role of youth in Uzbekistan’s evolving political and social landscape under President Shavkat Mirziyoyev’s “New Uzbekistan” reform agenda. Since assuming office in 2016, Mirziyoyev has prioritized youth engagement, emphasizing their potential as catalysts for democratic progress, economic innovation, and social cohesion. The article examines how policies targeting education, employment, and civic participation have empowered young Uzbekistanis to contribute to nation-building. By analyzing recent initiatives, such as the Youth Parliament and digital governance platforms, alongside Mirziyoyev’s vision of modernization, the study highlights the opportunities and challenges faced by young people in shaping Uzbekistan’s future. Drawing on recent developments, including Uzbekistan’s growing global partnerships and domestic reforms, the article argues that youth involvement is central to sustaining the country’s transformation. It concludes by assessing the long-term impact of youth-driven political engagement in fostering a more open and dynamic society.

Keywords: Youth, Uzbekistan, Shavkat Mirziyoyev, New Uzbekistan, political transformation, social transformation, Youth Parliament, digital governance, education reform, civic participation, international partnerships, economic development, environmental challenges, democratic progress, global integration

Introduction

Uzbekistan, a Central Asian nation with a rich historical legacy, is undergoing a transformative phase under President Shavkat Mirziyoyev’s leadership. Since taking office in 2016, Mirziyoyev has championed the “New Uzbekistan” vision, a multifaceted reform program aimed at modernizing the country’s political, economic, and social systems. Central to this vision is the empowerment of youth, who constitute over 60% of Uzbekistan’s population of approximately 36 million. As Mirziyoyev has stated, “We have created conditions for our youth, they are making effective use of them and conquering great heights”. This quote encapsulates the government’s commitment to harnessing the energy, creativity, and ambition of young Uzbekistanis to drive national progress. 

The political landscape in Uzbekistan has historically been centralized, with limited avenues for civic participation. However, Mirziyoyev’s reforms have introduced significant changes, including greater transparency in elections, economic liberalization, and enhanced opportunities for youth engagement. Initiatives such as the Youth Parliament, educational reforms, and digital governance platforms have created new spaces for young people to influence policy and contribute to societal development. This article investigates how these reforms have shaped youth participation in Uzbekistan’s political and social spheres, the challenges they face, and the potential long-term impacts of their involvement. By analyzing recent developments and Uzbekistan’s growing international partnerships, the study underscores the critical role of youth in realizing the “New Uzbekistan” vision.

Materials and Methods

This study adopts a qualitative approach, drawing on secondary data from recent news articles, official government statements, and academic sources to analyze youth engagement in Uzbekistan’s political and social transformation. The research focuses on developments from 2024 to July 2025, ensuring relevance to current trends. Key sources include reports from Daryo News, Global Voices, and Zamin.uz, which provide insights into recent policy initiatives and youth-focused programs. Additionally, President Mirziyoyev’s public statements and policy announcements are examined to understand the government’s strategic priorities.

The analysis follows the IMRAD structure, with a focus on thematic content analysis to identify recurring themes in youth engagement, such as education, civic participation, and economic opportunities. The study also incorporates Uzbekistan’s international collaborations, particularly with Azerbaijan and Hungary, to contextualize its global integration efforts. Limitations include the reliance on secondary sources and the potential for bias in state-affiliated media, which is mitigated by cross-referencing with independent outlets and international reports.

Results

Youth-Centric Policy Initiatives

Mirziyoyev’s administration has implemented several initiatives to empower youth, aligning with the “New Uzbekistan” vision of an “open and fair society that cares about every citizen”. One flagship program is the establishment of the Youth Parliament under the Oliy Majlis (Uzbekistan’s legislature), which provides a platform for young people to engage in legislative processes and advocate for policy changes. The Youth Parliament fosters political awareness and leadership skills, enabling young Uzbekistanis to influence national development. 

Educational reforms have also been a cornerstone of youth empowerment. The renovation of institutions like the Benkov Art School and the expansion of higher education access reflect a commitment to nurturing talent. Additionally, policies targeting sports development, such as the Concept for the Development of Football until 2030 and preparations for the 2028 Olympic and Paralympic Games, have created opportunities for young athletes to excel globally, boosting national pride and youth confidence.

Digital Governance and Civic Engagement

The introduction of digital governance platforms has revolutionized youth participation in Uzbekistan. Online portals and mobile applications allow young citizens to interact with government services, provide feedback, and participate in decision-making processes. These platforms align with Mirziyoyev’s emphasis on digital transformation, as seen in discussions at the Uzbekistan-Azerbaijan inter-parliamentary forum, which highlighted digital reforms as a priority for youth inclusion. 

International Partnerships and Youth Opportunities

Uzbekistan’s growing international engagement, particularly with countries like Azerbaijan, Hungary, and Slovakia, has created new avenues for youth. The inter-parliamentary forum in Khiva, attended by youth parliament representatives from Uzbekistan and Azerbaijan, emphasized the role of young people in fostering bilateral cooperation in education, culture, and digital innovation. Similarly, strategic partnerships with EU nations have facilitated educational exchanges and training programs, enhancing the skills of young Uzbekistan. 

Challenges to Youth Engagement

Despite these advancements, challenges persist. Political participation remains limited by bureaucratic hurdles and a historically centralized system, which can discourage youth activism. Economic disparities, particularly in rural areas, hinder equal access to opportunities. Moreover, while digital platforms have increased engagement, digital literacy gaps among some youth populations limit their effectiveness. These challenges highlight the need for sustained investment in infrastructure and education to ensure inclusive participation.

Discussion

The results demonstrate that Mirziyoyev’s “New Uzbekistan” vision has significantly reshaped the role of youth in the country’s political and social fabric. The Youth Parliament and digital governance initiatives have created unprecedented opportunities for young people to engage in governance, reflecting a shift toward a more inclusive political system. The emphasis on education and sports, as evidenced by reforms in the arts and athletics, underscores the government’s recognition of youth as drivers of cultural and economic progress.

However, the vagueness of the “New Uzbekistan” concept, as noted by some analysts, poses a challenge in translating reforms into tangible outcomes. While Mirziyoyev’s government has made strides in opening up the political system, the legacy of centralized governance means that youth participation is still developing. The success of football reforms, for instance, serves as a metaphor for broader systemic changes, but questions remain about their depth and sustainability. 

Internationally, Uzbekistan’s partnerships with Azerbaijan and EU countries signal a commitment to integrating youth into global networks. The inter-parliamentary forum in Khiva and agreements on education and digital transformation highlight the potential for cross-border youth collaboration. Yet, economic and digital divides within Uzbekistan must be addressed to ensure that all young people, regardless of region or background, can benefit from these opportunities. 

The long-term impact of youth engagement depends on the government’s ability to sustain these reforms. Mirziyoyev’s quote, “We guarantee the interests of every incoming investor”, reflects a broader commitment to creating an enabling environment for growth, which includes empowering youth as stakeholders in development. By fostering a generation of educated, politically active, and globally connected young people, Uzbekistan is laying the foundation for a modern, democratic state. 

Conclusion

Under Shavkat Mirziyoyev’s leadership, Uzbekistan is witnessing a transformative era where youth are at the forefront of political and social change. The “New Uzbekistan” vision has catalyzed reforms that empower young people through education, civic participation, and international collaboration. While challenges such as bureaucratic barriers and economic disparities remain, the establishment of platforms like the Youth Parliament and digital governance systems marks significant progress. The sustained engagement of youth will be critical to realizing Mirziyoyev’s vision of an open and fair society. Future research should explore the measurable impacts of these initiatives on youth empowerment and their role in shaping Uzbekistan’s democratic future.

References

1. Daryo News. (2025, July 2). Uzbekistan to expand fine and applied arts with major reforms and youth initiatives. Retrieved from daryo.uz 

(https://daryo.uz/en/2025/07/02/uzbekistan-to-expand-fine-and-applied-arts-with-major-reforms-and-youth-initiatives)

2. Global Voices. (2025, July 2). Uzbekistan’s football success serves as a stand in for promised reforms. Retrieved from globalvoices.org 

(https://globalvoices.org/2025/07/02/uzbekistans-football-success-serves-as-a-stand-in-for-promised-reforms/)

3. Zamin.uz. (2025, June 30). Youth Power and Historic Success in Football – The Spirit of New Uzbekistan. Retrieved from zamin.uz 

(https://zamin.uz/en/sport/153466-youth-power-and-historic-success-in-football-the-spirit-of-new-uzbekistan.html)

4. Kun.uz. (2025, July 2). Khiva hosts first inter-parliamentary forum between Uzbekistan and Azerbaijan. Retrieved from kun.uz 

(https://kun.uz/en/news/2025/07/01/khiva-hosts-first-inter-parliamentary-forum-between-uzbekistan-and-azerbaijan)

5. Daily News Hungary. (2025, June 12). Shavkat Mirziyoyev’s “New Uzbekistan” vision leads the country toward a modern and democratic State. Retrieved from dailynewshungary.com 

(https://dailynewshungary.com/shavkat-mirziyoyevs-new-uzbekistan-vision-leads-the-country-toward-a-modern-and-democratic-state/)

6. Uzbek Review. (2025, June 23). Uzbekistan Update: June 1 – 15, 2025. Retrieved from uzbek.review

 (https://uzbek.review/p/uzbekistan-update-june-1-15-2025)

7. Azernews. (2025, July 2). Azerbaijan, Uzbekistan chart course for enduring cooperation – ahead of President Mirziyoyev’s visit to Baku. Retrieved from en.trend.az 

(https://en.trend.az/azerbaijan/politics/4064775.html)

Essay from Fotima Turdimurodova

RAQAMLI IQTISODIYOTNING BUGUNGI HOLATI, MUAMMO VA YECHIMLAR   

Turdimurodova Fotima 

Buxoro innovatsiyalar universiteti talabasi                                                        

email:fotimaturdimurodova7@gmail.com

Abstract

This article analyzes the emergence of the digital economy, the importance of digital technologies in the global economy and social life, the development of digital platforms, as well as the advantages and disadvantages of the digital economy. Based on the analysis, several proposals have been developed to address existing problems.

Key words:

Global Internet Protokol (IP) trafigi, innovatsion platformalar, onlayn platformalar, raqamli iqtisodiyot, raqamli platformalar, raqamli transformatsiya, ‘‘Raqamli O‘zbekiston – 2030 ‘‘, robototexnika, sun’iy ong, super platformalar, tarmoq effekti, tranzaksion platformalar. 

Аннотация.

 В данной статье анализируется возникновение цифровой экономики, значение цифровых технологий в мировой экономике и обществе, развитие цифровых платформ, преимущества и недостатки цифровой экономики. На основе анализа разработаны некоторые предложения по устранению существующих проблем. 

Ключевые слова:

 глобальный интернет-протокол (IP), инновационные платформы, онлайн-платформы, цифровая экономика, цифровые платформы, цифровая трансформация, «Цифровой Узбекистан – 2030», робототехника, искусственный интеллект, «суперплатформы», сетевой эффект, транзакционные платформы.

Abstract.

 This article analyzes the emergence of the digital economy, the importance of digital technologies in the world economy and society, the development of digital platforms, the advantages and disadvantages of the digital economy. Based on the analysis, some proposals have been developed to eliminate existing problems.

Keywords:

Global Internet Protocol (IP) traffic, innovative platforms, online platforms, digital economy, digital platforms, digital transformation, ‘‘Digital Uzbekistan – 2030‘‘, robotics, artificial intelligence, super platforms, network effect, transactional platforms.

Introduction

The digital revolution has transformed our lives and societies to an unprecedented extent, creating significant opportunities in the economy while also giving rise to certain challenges. The development of the digital economy is one of the priority areas for leading countries such as the United States, the United Kingdom, Germany, and Japan. In recent years, a new wave of development in business and the social sphere has been driven by a new generation of digital technologies, including artificial intelligence, robotics, and wireless communication technologies.

New technologies can make a substantial contribution to the achievement of the Sustainable Development Goals; however, the expected positive outcomes may not always be fully realized. If we aim to harness the full social and economic potential of digital technologies, it is essential to urgently enhance cooperation among states in order to prevent unintended consequences. In our country as well, special attention has begun to be paid to the development of this sector. In his Address to the Oliy Majlis on December 28, 2018, the President of the Republic, Sh. Mirziyoyev, proposed the implementation of the “Digital Uzbekistan – 2030” program by 2030.

Analysis of the Relevant Literature

The concept of the digital economy was first introduced in the 1990s during the period of economic crisis in Japan by a Japanese professor. First of all, it should be noted that the digital economy consists of a chain of interrelated production and management processes, the integral element of which is the exchange of information carried out through inter-chain digital technologies (human-to-human, machine-to-machine, via cloud systems, and between data centers).

The main objectives of the digital economy program have been highlighted in the literature. The digital economy represents a form of economic activity in which data in digital form serve as the key factor in production and service delivery. By processing large volumes of information and analyzing the results of such processing, more efficient solutions are implemented in various areas, including production, service provision, technologies, devices, storage, and product delivery, compared to traditional systems.

In other words, the digital economy is an activity associated with the development of digital computer technologies, encompassing online service provision, electronic payments, e-commerce, crowdfunding, and other related fields. In our view, the digital economy is an economic activity carried out and managed through digital technologies under conditions of scarce economic resources. The main challenge facing any economic system is resource scarcity, and in the digital economy, primary attention should also be directed toward addressing this issue.

Research Methodology

In the article, comparative–evolutionary analysis is used to study the role of digital platforms in the global economy. Statistical and mathematical methods are applied to analyze the market capitalization of companies occupying higher and lower positions, as well as the development trends of transnational companies based on digital platforms. Statistical grouping and comparison methods are used to assess Internet coverage across regions. In addition, the level of Internet traffic usage in the development of the digital economy is explained on the basis of dynamic analysis.

Analysis and Results

The following advantages of the digital economy are identified; it is estimated that labor productivity may increase by up to 40%:

the digital economy has the capacity to collect, use, and analyze a very large amount of information (digital data);

• the emergence of new forms of employment delivered through online platforms;

the emergence of new forms of employment delivered through online platforms;

changes in the commercial infrastructure for specialized services as a result of digital transformation.

changes in the commercial infrastructure for specialized services as a result of digital transformation.

 The export of industrial products is increasingly dependent on ICT products and services;

New technologies, especially artificial intelligence, will inevitably bring significant changes to the labor market, including the disappearance of jobs in certain sectors and the creation of large-scale opportunities in others;

The digital economy also introduces new risks, ranging from cybersecurity breaches to facilitating illegal economic activities and threats to personal privacy. It continues to develop rapidly based on the capacity to collect, utilize, and analyze massive amounts of machine-readable data (digital data) covering almost everything. For example, global Internet Protocol (IP) traffic, as a proxy for data flow, increased from 100 gigabytes (GB) per day in 1992 to 45,000 GB per second in 2017, marking only the early days of a data-driven global economy. By 2022, global IP traffic is projected to reach 150,700 GB per second.

Cost is formed when the provided data is converted into digital intelligence and monetized for commercial use. Digital platforms provide mechanisms for multiple parties to interact and collaborate online. There are transactional and innovation platforms. Transactional platforms are multi-sided markets that support exchanges between different parties through online infrastructure. These are operated by major digital corporations such as Amazon, Alibaba, Facebook, and eBay.

  Moreover, digital network-supported platforms, such as Uber, Didi Chuxing, or Airbnb, have become the primary business model for those who adopt them. Innovation platforms, such as operating systems (e.g., Android or Linux) or technology standards, provide an environment for developing applications and software packages, as well as producing code and content.

Over the past decade, numerous digital platforms based on data-driven business models have emerged worldwide, replacing existing industrial sectors. The advantage of these platforms is evident: seven out of the eight leading global companies by market capitalization rely on platform-based business models.

 The economic geography of the digital economy does not reflect the traditional North–South divide. It is largely driven by developed and consistently advancing countries, primarily the United States and China. For example, these two countries account for 75% of all patents related to blockchain technologies, 50% of global expenditures on the Internet of Things (IoT), and over 75% of the global market for widely used cloud technologies. Remarkably, they also represent 90% of the market capitalization of the world’s 70 largest digital platforms. Europe’s share is only 4%, while Africa and Latin America account for just 1%.

These are “super platforms” – Microsoft, followed by Apple, Amazon, Google, Facebook, Tencent, and Alibaba – which together constitute two-thirds of the total market value. Consequently, in many areas of digital technological development, the rest of the world, especially Africa and Latin America, lags significantly behind the United States and China. Some of the existing trade frictions reflect the pursuit of global dominance in the latest technologies.

The value of the digital economy, as well as the creation and capture of related value, faces several challenges. First, there is no universally accepted definition of the digital economy.

 In the ICT sector, computer services constitute the largest component, accounting for 40% of added value. Secondly, in developing countries, reliable statistics on the main components and scale of this sector are lacking. Although several initiatives have been undertaken to improve the situation, they are insufficient and hinder the rapid development of the digital economy.

The size of the digital economy varies between 4.5% and 15.5% of global GDP. Regarding the added value in information and communication technologies (ICT), the United States and China together account for nearly 40% of global GDP. The share of this sector in GDP is highest in Taiwan (China), Ireland, and Malaysia.

The United States dominates the global computer services industry; its share of industrial added value in this sector exceeds the combined share of the nine largest economies. Among developing countries, India has the largest share in this regard.  

  Digital platforms are becoming increasingly significant in the global economy. The total value of platform companies with a market capitalization exceeding USD 100 million was estimated at over USD 7 trillion in 2017, a 67% increase compared to 2015. Some global digital platforms have achieved very strong market positions in specific sectors.

 Facebook accounts for two-thirds of the global social media market and is considered the leading social media platform in over 90% of the world economy. Amazon holds approximately 40% of global online retail activity, and its Amazon Web Services (AWS) also captures a similar share of the global cloud infrastructure services market. In China, WeChat (owned by Tencent) has over one billion active users, and together with Alipay (Alibaba), its payment solution has nearly dominated the entire Chinese mobile payment market. Additionally, Alibaba accounts for approximately 60% of China’s e-commerce market.

Alphabet (Google) and Microsoft have invested in telecommunications equipment by acquiring Motorola and Nokia, respectively. Large platforms have also made major acquisitions in retail, advertising, marketing, and commercial real estate sectors. The functioning of the digital economy depends on coordinated policies across many countries.

Data privacy and data security require particular attention. Laws and regulations are necessary to combat the theft of personal data, establish rules on how personal information is collected, used, transferred, or deleted, and ensure that business models based on the digital economy generate societal benefits. The European Union’s General Data Protection Regulation (GDPR), which came into effect in May 2018, represents a globally significant, comprehensive approach to data protection.

Digitalization affects different countries in varying ways, and individual governments require policy frameworks to regulate the digital economy in order to achieve the objectives of diverse national legal and policy agendas.

 Conclusion and Recommendations

 Digital transformation has become increasingly important today, particularly in the context of the ongoing pandemic. Recognizing the role of the digital economy in national economies and its significance for global economic development, it is advisable to implement the following measures:

 Study and adopt more comprehensive support mechanisms from countries that are advancing in the digital economy;

Establish the regulatory and legal framework for the digital economy in our country;

Develop the necessary infrastructure for the digital economy, prioritizing the connection of regions with limited or no Internet access;

Improve the system for training specialists and professionals required for the digital economy;

Promote joint research initiatives among governments, civil society, academia, the scientific community, and the technology sector to identify innovative solutions;

Ensure the rational use of new technologies to redefine digital development strategies, anticipate future trends in globalization, strengthen partnerships, and enhance intellectual leadership.

References

1. Ayupov, R. X., & Baltabaeva, G. R. (2018). The digital currency market: Innovations and development prospects. Tashkent: Fan va Texnologiya. 172 pp.

2. World Trade Organization. (2019). World Trade Statistical Review 2019.

3. Kurpayanidi, K., & Ilyosov, A. (2020). Problems of the use of digital technologies in industry in the context of increasing the export potential of the country. ISJI Theoretical & Applied Science, 113–117.

4. Abdullayev, A. M., & Kurpayanidi, K. I. (2020). Analysis of industrial enterprise management systems: Essence, methodology, and problems. Journal of Critical Reviews.

5. UNCTAD. (2020). Digital 2019: Global digital overview. Value creation and capture: Implications for developing countries. United Nations Conference on Trade and Development.

6. Wikipedia. (n.d.). Digital economy. Retrieved from https://en.wikipedia.org/wiki/Digital_economy

7. XS.UZ. (n.d.). Our country’s leader proposed the implementation of the Digital Uzbekistan 2030 program. Retrieved from http://xs.uz/uzkr/post/davlatimiz-rahbari-2030-jilgacha-raqamli-ozbekiston2030-dasturini-amalga-oshirishni-taklif-etdi

8. Texnoman. (n.d.). What is the digital economy? Retrieved from https://www.texnoman.uz/post/ragamli-iatisodivot-nima.html

9. Higher School of Economics (HSE). (2019). Retrieved from https://www.hse.ru/data/2019/04/12/1178004671/2%20%D0%A6%D0%B8%D1%84%D1%80%D0%BE%D0%B2%D0%B0%D1%8F

Fotima Turdimurodova is a student at Bukhara Innovations University. Her main academic interests include economics, particularly digital economy and market economy. In her article titled “Market Economy in the Digital Economy,” the author comprehensively examines current issues and existing challenges in the field. She is currently engaged in scientific research in the field of economics.