ECONOMIC DEVELOPMENT AND SUITABILITY STAGES IN UZBEKISTAN

Аннотация

Production in the agricultural and industrial sectors fell in the early years of independence while management complexity increased. This was because Uzbekistan was economically dependent, its businesses couldn't function on their own, and they were totally reliant on factories, machinery, and other imports from other areas. Those relationships were destroyed when the former Soviet Union fell apart. To overcome the economic downturn and stabilize the macro-economy, Uzbekistan has taken action. The stages of Uzbekistan's post-independence economic stabilization and development are covered in this article. KEYWORDS Economy, stabilization, development, stages, macroeconomics, foreign trade, trade.