THE ROLE OF EDUCATION LEVEL IN FINANCIAL RISK MANAGEMENT IN UZBEKISTAN AGRICULTURE

Abstract

This article empirically analyzes the impact of financial literacy levels on the capacity of farms in Uzbekistan to manage financial threats. A binary logistic regression model was applied to assess the key factors determining farmersʼ resilience to risks — financial knowledge, education level, experience, access to credit, and use of advisory services. The results indicate that financial literacy has a significantly positive effect on farmersʼ ability to identify and manage financial risks. In addition, higher education and effective use of credit resources also enhance resilience. Based on the findings, recommendations are proposed to expand financial education programs, develop agro -service infrastructure, and create digital advisory platforms for farmers .