THE ROLE OF THE LIGHT INDUSTRY AS A DRIVER OF NATIONAL ECONOMIC DEVELOPMENT
Abstract
This article analyzes the role of the light industry in the national economy and its importance as a driver of economic growth. The study examines how the increase in the share of industrial products in exports contributes to expanding the country’s export potential, strengthening the national currency, and improving the trade balance. In addition, the share of the light industry in gross domestic product and its significance in the global economy are studied. Based on the findings, conclusions and recommendations for further development of the sector are provided.
References
International Yearbook of Industrial Statistics – edition 2023
WTO - Global value chains sectoral profiles textiles and clothing industry and world trade statistical review – 2023
Food and agriculture organization of the United Nations - www.fao.org
Official website of the State Committee of the Republic of Uzbekistan on Statistics— Siat.stat.uz.
O.Abdurahimov – Industry economics 2009 Tashkent
The speech of the President of the Republic of Uzbekistan on 12 December 2024, “Discussion of results and proposals in the light-industry sector”, reported by Uzdaily.uz.
The United Nations Industrial Development Organization (UNIDO) website
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