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Macroeconomic Stability and Social Dynamics: Analyzing Inflation, Unemployment, and Their Impact on Cohesion, Poverty, and Inequality in Uzbekistan

Year: 2024

Type: article

Abstract: This study investigates the interplay between macroeconomic stability indicators—specifically inflation and unemployment—and their impacts on social cohesion, poverty, and income inequality in Uzbekistan. Using econometric models and data from 2018 to 2022, the research highlights the dual role of inflation and unemployment in shaping social outcomes. The findings reveal that higher inflation and unemployment undermine social cohesion and exacerbate poverty and income inequality, while economic growth, social expenditure, education, and political stability mitigate these effects. By integrating macroeconomic and social policies, Uzbekistan can achieve sustainable development, balancing economic reforms with social inclusion. The study underscores the importance of controlling inflation, fostering employment, and investing in social welfare and education to build a resilient, equitable society.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.14422461

Author: Eid Balbaa, Muhammad

Institution: Tashkent State University of Economics

Language: English

Topic: Income, Poverty, and Inequality

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDGs: Decent work and economic growth, No poverty, Reduced inequalities

Open Access status: green

OpenAlex ID: W6930790332

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