Improving The Organizational and Economic Mechanism of Industrial Structural Changes for Sustainable Development of The Regional Economy (in The Case of Khorezm Region)

This research examines the organizational-economic mechanism for improving industrial structural changes in the sustainable development of Khorezm region, Uzbekistan. This study is particularly important because the restructuring of the regional industrial is a major issue in attaining sustainable economic growth. Taking the pooled panel data from 2020 to 2024 and using econometric analysis methods, we examine the relationship between the evolving-structures of industry and regional economic development indicators. To achieve this, the research develops an extensive framework that synthesizes theoretical underpinnings of structural transformation with empirical evidence drawn from Khorezm illustrative region. Results show that industrial structure of the region has changed radically: share of manufacturing in gross regional product rose from 16.6% to 21.3% and small business share in industrial production within the region climbed from 27% to 32.4% The paper introduces a new organizational-economic model for the incorporation of innovations and optimization options and institutional improvement. The results show that resource reallocation and technological upgrading accompanied by institutional support is important in facilitating sustainable industrial transformation. This research contributes to understanding regional industrial development patterns in transition economies and provides practical recommendations for policymakers.