Development of the Country’s Economy Through the Development of the Stock Market in Developing Countries

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This article explores the pivotal role of stock market development in driving economic growth and stability in
developing countries, with a focus on Uzbekistan. It identifies key challenges faced by developing nations and offers
strategic recommendations to unlock the transformative potential of a thriving stock market. Recommendations encompass
regulatory enhancements, investor education, infrastructure development, investor protection, foreign investment
promotion, market information accessibility, diversification of listing requirements, and collaboration for capacity building.