Today, taking into consideration the fact that FDI can push economic development, the role of FDI for economies is growing, and this significance is becoming more and more important. While in early 90s developed countries were dominating over developing countries in terms of attracting FDI, beginning in mid-90s the tendency began to change. Developing countries, with the relatively cheaper labour, are becoming moreattractive.As with other developing and transition economies, Central Asian countries are becoming more attractive for foreign investors. This thesis is devoted to the study ofthe current trend of FDI in the region and the distribution of FDI among regional economies, particularly, the cases of Kazakhstan and Uzbekistan in using comparative analyses.Kazakhstan is the largest FDI-receiving country in the region and hosts almost 70% of total FDI into region. Uzbekistan is the second largest receiver, but differences between the two countries are huge.This research will cover the reasons of the extremely high unequal distribution of FDI in the region and, according to the study, will give relevant recommendations for Uzbekistan for further development of the country economy for attracting larger amounts of FDI.At the same time, as a government official I will do my best in implementing the knowledge I gain during my education in Seoul National University, and particularlythesis researching, in my future professional career.
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Characteristics of Foreign Direct Investment (FDI) in Central Asia