DEVELOPMENT STAGES OF E-COMMERCE IN SINGAPORE AND UZBEKISTAN

Аннотация

Abstract: This study explores the development stages of e-commerce in
Singapore and Uzbekistan, providing a comparative analysis of their respective
journeys in building digital economies. Singapore's e-commerce evolution is marked
by early investments in digital infrastructure, comprehensive regulatory frameworks
such as the Electronic Transactions Act and the Personal Data Protection Act, and
continuous innovation in cybersecurity and intellectual property protection. This
strategic approach has positioned Singapore as a global e-commerce leader.
Conversely, Uzbekistan is in the nascent stages of e-commerce development, focusing
on expanding digital infrastructure and internet access. The country faces challenges
due to an underdeveloped legal framework, with specific needs for robust data
protection, cybersecurity measures, and clear e-commerce regulations. This study
highlights the key milestones and current status of e-commerce in both countries,
offering insights into how Uzbekistan can leverage Singapore’s successful model to
accelerate its e-commerce growth and integration into the global digital economy.