THE ECONOMIC IMPACT OF THE GSP+ SCHEME: OPPORTUNITIES FOR DEVELOPING COUNTRIES
Keywords:
GSP+, preferential trade, developing countries, Uzbekistan, export growth, industrial development, foreign direct investment, international conventions, EU market access.Abstract
This article examines the economic impact of the Generalised Scheme of Preferences Plus (GSP+) on developing countries, focusing on how the preferential trade regime supports export growth, industrial diversification, and sustainable development. By analyzing key statistical indicators and reviewing relevant literature, this study highlights both the potential benefits and limitations of the scheme. The case of Uzbekistan is discussed in detail to illustrate the real-world effects of GSP+ implementation.
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