Open AccessThe Role Of Export Diversification In Providing Sustainable Economic Growth
Author(s) -
Odinaev Namozjon Nazarkul Ugli
Publication year - 2020
Publication title -
the american journal of social science and education innovations
Language(s) - English
Resource type - Journals
ISSN - 2689-100X
DOI - 10.37547/tajssei/volume02issue10-60
Subject(s) - diversification (marketing strategy) , sustainable growth rate , pace , balance of payments , business , production (economics) , economics , foreign direct investment , sustainable development , international economics , international trade , finance , macroeconomics , geodesy , marketing , geography , political science , law
Sustainable economic growth is the key to a prosperous life. Therefore, the country is paying more and more attention to attracting large investments, increasing the pace of production and thereby strengthening the export and import processes. This is because efficient and high-quality production is a key indicator of economic growth. As a result, the country will be able to export its products to foreign markets and improve the balance of payments. This article also discusses the role of exports and its diversification in the sustainable economic growth of our country