GALAXY INTERNATIONAL INTERDISCIPLINARY RESEARCH JOURNAL (GIIRJ) ISSN (E): 2347-6915 Vol. 10, Issue 1, Jan. (2022)
747 FEATURES OF THE INTEGRATION OF THE NATIONAL ECONOMY INTO THE WORLD
MARKET
Sodikov Zokir Rustamovich
International Islamic Academy of Uzbekistan, Docent, I.F.N.
ANNOTATION
This article describes the process of integration of the national economy into the world market and its features.
Keywords: National economy, world market, integration, international economy
INTRODUCTION
The changes taking place in our country to promote development are reflected in all spheres.
as an important innovation and success, the priority is the rapid development of foreign economic relations and active participation in the process of globalization. In this regard, it is possible to point out that the volume of foreign economic relations is growing rapidly and the number of partners in the world market is steadily increasing. Such great innovations and processes in the socio-economic development of our country are changing the essence of the development trends of our society. ensuring the balance and stability of the national economy, modernization of production, technical and technological renewal, reduction of new types of products and technologies, ensuring the competitiveness of national goods in the domestic and foreign markets, servicesAn important task is to accelerate the development of the display industry and increase its share in the formation of GDP. at the same time, as a result of development in the world, along with the achievements, it is possible to observe that problematic and contradictory situations have arisen and are intensifying. At the same time, effective success will be achieved through the modernization of the production capacity of the national economy at the level of modern requirements and the expansion of integration into the world economy through the development of foreign economic activity. This, in turn, should be considered a priority for the comprehensive and comprehensive development of production and international economic relations.therefore, it is necessary to analyze the tasks that are of paramount importance for our country and necessary for its future development in the context of the process of integration into the international market and globalization. The development of the national economy at the level of world standards and the development of foreign economic activity, occupying a worthy place in the international community, is a factor that ensures success. namely, the development of the world is a factor in the development of the integration process in our economy and the improvement of local production. Innovative development in the global system should have an impact on reducing costs and increasing labor productivity in all countries, and should be a factor in strengthening economic opportunities in countries.
therefore, reforms and changes in the national economy, along with material and financial factors, require sustainable entry into the world economy and the creation of mechanisms in line with interests. as well as the elimination of tariff and non-tariff barriers and obstacles to the development of economic relations between national markets, which will contribute to the
GALAXY INTERNATIONAL INTERDISCIPLINARY RESEARCH JOURNAL (GIIRJ) ISSN (E): 2347-6915 Vol. 10, Issue 1, Jan. (2022)
748 deepening of integration into the world market. as a result, the importance of reforms in the economy will increase and the opportunities for the national economy to integrate into the global economic system will expand. therefore, it is necessary to improve the process of entering the international market in order to ensure the deepening of the ongoing reforms in all sectors of the national economy, the coordination of interests and the elimination of problems. then the successful organization of foreign economic relations and integration in the context of deepening globalization will pave the way for great achievements in the national market.
Therefore, it is advisable to regularly analyze the trend of integration of the national economy into the world market and make proposals to make it more effective. Achieving promising strategic goals through the development of the country's socio-economic development on the basis of market relations, which began in the early days of independence in Uzbekistan, which is constantly renewed today, is worthy in all respects in the world communityreforms are being carried out and deepened on a regular basis to take its place. .This is evidenced by the economic policy pursued in our country during and after the pandemic, which is a unique crisis for the global community. In this regard, the President of the Republic of Uzbekistan noted that "the state has taken a total of 82 trillion soms of comprehensive measures to mitigate and eliminate the consequences of the pandemic." The complex geopolitical processes taking place in the international community, after the coronavirus pandemic and the global economic crisis, our country is actively pursuing foreign economic relations and integration into the world market, which are open and transparent and pragmaticbuilding a modern socio-economic system in the country and liberalizing the national economy on the basis of global community standards, as well as modernization of national production, renewal of existing productive forces on the basis of digital technology and informationpaves the way for the sustainable and sustainable development of the digital economy.The reforms that are currently being carried out are aimed at ensuring that the state has rationally developed a strategy to ensure socio-economic development, rationally identified the priorities of reforms and implemented themis the result of mechanisms.zero One of the important innovations in today's world is the significant increase in investment, along with success in all areas. In 2019, our country received an international credit rating for the first time and is worth $ 1 billion in the global financial market. While the U.S. has successfully placed $ 1 billion in bonds, access to international financial markets will improve in 2020, with the first 2 trillion som government bonds in the national currency entering the international financial markets at low interest ratesmanaged to place.In the world community today, the acquisition of digital knowledge and modern information technologies by everyone is a requirement and condition of the times to achieve high development. because the acquisition of digital technologies and their use in all spheres of society will pave the way for an effective path of socio-economic renewal.
Therefore, as an important priority, the current socio-economic development has legitimized the transition to a digital economy. The formation of an economy based on digital technology in our country, integrated into the international market, the creation of unique infrastructure, attracting large amounts of foreign investment, increasing exports and diversifying the structure, skilled laborrequires the use of resources.therefore, starting and accelerating activities in this area as early as possible will pave the way for great success in the future.
GALAXY INTERNATIONAL INTERDISCIPLINARY RESEARCH JOURNAL (GIIRJ) ISSN (E): 2347-6915 Vol. 10, Issue 1, Jan. (2022)
749 because digital technologies, along with improving the quality of products and services, lead to a reduction in many costs, an increase in the competitive potential of the national economy in the world market, and a deepening of integration. at the same time, both in society and in economic and financial relations, digital technology provides transparency, increases speed, and provides a solid foundation for effective use of opportunities. therefore, the development of digital technology is one of the priorities in order to further develop science, accelerate the formation of a competitive economy and strengthen the modern national economy, and is one of the main socio-economic policiesdirections.As a result of the ongoing reforms in the field of foreign economic activity and economic integration of the country, it has an impact on the lives of the population. therefore, it is expedient to develop activities aimed at strengthening the integration of the national economy into the world market.
REFERENCES
1.Address of the President of the Republic of Uzbekistan Sh.M.Mirziyoyev to the Parliament.
29.12.2020.
2.Tuxliyev Nnew trends in the development of the world economy. Monograph. - T .: “Ilm-Ziyo- Zakovat”, 2021. - 72 pages.
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4.www. Stat.uz .
