Perspectives And The Role Of Industrial Potential In The Economy Of The Republic Of Uzbekistan

Abstract

The development stages of diversified industry of the Republic of Uzbekistan, the results of implementation of government strategy and policy on modernization and diversification of production, as well as the outcome of deep structural changes in the economy, are considered in this article. Significant role of industry in country’s economy and direct influence on important factors such as welfare and employment of population, providing people with needed goods, scientific and technical progress, investment inflow, entering world market, increase of export, and economic relationship between countries, was analyzed. Statistical data, which give opportunity to make objective appraisal of current production status were presented.