Acknowledgement

Problem description

Tajikistan is regarded as the poorest country in Central Asia, with a national poverty rate of more than 26% in 2019 and a severe poverty rate of over 11%. It is a tiny, landlocked, low-income country. Because of its reliance on worker remittances, the country is highly vulnerable to foreign economic shocks.

The Tajik economy has been severely impacted by the COVID-19 outbreak. Restrictions on labor mobility as well as economic activity at home and abroad led to lower remittances, poorer consumer demand, and lower investment. Remittances declined by approximately 15% ($195 million) in the first six months of 2020 compared to the same period in 2019.
In 2020, foreign investment fell by 47% year on year to $192.7 million, but rebounded strongly in the first half of 2021, rising by 43.7 percent to over $118 million. Three-quarters of all foreign investments in Tajikistan come from China. Russia was the second largest source of FDI, accounting for nearly 7% of total investment.
Furthermore, the labor participation rate in the country still comparably low, and the country`s debt service amounts and external debt amounts have been rising.

Literature review

Tajikistan's economic growth has been strong since the conclusion of its civil war in 1997, benefiting from post-conflict recovery, major increases in remittance inflows, and a favorable external environment, which has been heavily influenced by economic success in Russia. Although the economy has seen significant expansion, private investment has remained modest, thus restricting the possibility for increasing productive capacity. More crucially, the government has been unable to fundamentally change its economy by devoting resources to sectors with lower productivity rather than greater production. This now puts the country's capacity to maintain its high growth rates in the long term in jeopardy. Many scientists and economists have conducted surveys and studies on GDP growth and geopolitics of Tajikistan and below I will give examples and comparison with some foreign studies of foreign specialists with post-Soviet studies. External debt, debt service, foreign direct investment, trade openness, labor participation rate for these determinants will be examples of conclusions and results of the study of scientists from different points of view, both positive and negative
Economic stability and growth, as well as the role they play in nations in transition, have been increasingly the focus of research in recent years. However, the examination of Tajikistan's economic security and development projects has been mainly overlooked. Economic growth and development strategies are the focus of this chapter's ideas and theories. Aside from these purposes, this chapter aims to give a more detailed explanation of economic security policy's role as it relates to development programs and theories in order to better grasp GDP growth development ideas. Examining themes and subjects relevant to GDP growth is the goal of this study.