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Annotatsiya
Moliyaviy bozorlarning tez sur’atlarda raqamli transformatsiyaga uchrashi sharoitida mikromoliyaviy tashkilotlar (MMT) moliyaviy inklyuziyani ta’minlash va iqtisodiy faollikni rag‘batlantirishda tobora muhim rol o‘ynamoqda, ayniqsa rivojlanayotgan mamlakatlarda. Rossiya va O‘zbekiston mikromoliyaviy sektorining rivojlanishida institutsional, regulyator va texnologik omillar bilan belgilanadigan turli modellarga ega.
Mazkur tadqiqotning maqsadi Rossiya va O‘zbekiston mikromoliyaviy tizimlarini kompleks qiyosiy tahlil qilish, ularning raqamlashtirish sharoitidagi transformatsiyasini o‘rganish hamda MMTlar faoliyati samaradorligiga ta’sir etuvchi asosiy omillarni aniqlashdan iborat. Tadqiqotda regulyator muhitining xususiyatlari, raqamli integratsiya darajasi, moliyaviy xizmatlardan foydalanish imkoniyati hamda bozor ishtirokchilarining strategik xulq-atvorini belgilovchi institutsional cheklovlar tahlil qilingan.
Tadqiqotning metodologik asosini qiyosiy tahlil, institutsional nazariya elementlari (D. North), regulyator cheklovlar konsepsiyasi hamda asosiy ko‘rsatkichlar (aktivlar, kredit portfeli, muddati o‘tgan qarzdorlik darajasi, rentabellik va raqamli jalb etilish) dinamikasini baholashga qaratilgan miqdoriy usullar tashkil etadi. Integrallashgan ko‘rsatkichlar — strategik barqarorlik indeksi va regulyator bosim indeksi shakllantirilishiga alohida e’tibor qaratilgan.
Tadqiqotning ilmiy yangiligi mikromoliyaviy tashkilotlar uchun regulyator cheklovlar sharoitida strategik boshqaruvning konseptual modelini ishlab chiqish, shuningdek, bank tizimiga transformatsiya qilmasdan turib, to‘lov tashkilotlari funksiyalarini integratsiya qilish asosida mikromoliyaviy ekotizimlarni shakllantirish imkoniyatini asoslab berishda namoyon bo‘ladi.
Tadqiqot natijalari shuni ko‘rsatadiki, Rossiya mikromoliyaviy sektori yuqori darajadagi institutsional еtuklik va raqamlashtirish bilan tavsiflanadi, O‘zbekistonda esa faol o‘sish va transformatsiya bosqichi kuzatilmoqda, bu esa regulyator rolini kuchaytirish va yangi moliyaviy ekotizimlarning shakllanishi bilan birga kechmoqda. Natijada, raqamli texnologiyalar, regulyator moslashuvchanlik va ekotizimli yondashuvni uyg‘unlashtirgan gibrid rivojlanish modellari zarurligi asoslab berildi.
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