IMPACT ANALYSIS OF THE GCI ON THE VOLUME OF FDI ATTRACTED TO THE COUNTRY

The article to attract foreign direct investment, increase international participation in the index directly linked to the national economy on the basis of econometric analysis, as well as to attract foreign investment recommendations aimed at improving the offer. In recent years, we have often seen very clearly identifying the key drivers of growth, which are drivers of economic growth in the world s leading economies, in the face of intense global markets.Undoubtedly, the arsenal of different governments has a diverse set of mechanisms and tools that will drive economic growth. One of the leading economists A.Bekmurodov spoke about the features of foreign investments, their role in the economy and the investment climate:“Most countries in the world are competing with a certain degree of competition to attract FDI, thus creating a favorable and competitive investment climate. In the research, economic growth was assessed on the basis of econometric analysis of the increase in the volume of foreign direct investment in each country s economy.As a result of this analysis, it is the development of scientific-practical suggestions and recommendations to increase participation in indices published by international rating agencies of Uzbekistan. Most importantly, the creation of favorable conditions for the country to enter the international rankings and strengthen its position in the country, along with the increase in foreign direct investment, will help to create a favorable investment climate and a positive image of the country in the international arena. According to the unit root tests, the FDI variable is stationary based on the level data, which is the primary data, while the GCI variable is not stationary on 3 tests at once. As a result, there was a need to transform the primary data by extracting the difference, with the difference obtained by subtracting from the previous one.