FINANCIAL TECHNOLOGIES IN GLOBAL MARKETS: IMPLICATIONS OF FOREIGN EXPERIENCE

Umida Sharipova; Farangiz Ibragimova

FINANCIAL TECHNOLOGIES IN GLOBAL MARKETS: IMPLICATIONS OF FOREIGN EXPERIENCE

Авторы

Umida Sharipova Head of the Department International Finance and Investments, University of world economy and diplomacy
Farangiz Ibragimova Teacher, PhD researcher at Department of “International Finance and Investments”, University of World Economy and Diplomacy

Ключевые слова:

Financial technologies (FinTech), economic growth, financial inclusion, digital payments

Аннотация

In the contemporary digital era, financial technologies (FinTech) have emerged as transformative instruments reshaping economic structures and financial service delivery worldwide. This paper explores the multifaceted relationship between FinTech and economic growth, integrating theoretical models such as Romer’s endogenous growth theory and Schumpeter’s creative destruction, alongside empirical evidence from both developed and emerging economies. Case studies from China, India, the United States, the United Kingdom, Singapore, and Uzbekistan reveal that high FinTech adoption correlates with improved GDP
performance, entrepreneurial activity, and capital formation. The paper presents policy recommendations focused on integrated regulation, inclusive digital infrastructure, and responsible innovation to maximise FinTech’s developmental potential, particularly in emerging markets such as Uzbekistan.

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Загрузки

Опубликован

2025-07-01

Выпуск

Том 9 № 0009 (2025): "Green Investments and financial technologies: opportunities and challenges for Uzbekistan" International Scientific and Practical Conference

Раздел

Исследовательские статьи

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