THE IMPORTANCE OF ECONOMIC DIVERSIFICATION

Authors

  • Ruziyev Zafar Ikramovich Docent of Karshi Engineering Economics Institute

DOI:

https://doi.org/10.17605/OSF.IO/3AQ9U

Keywords:

Diversification, Economy, Globalization, Demand, Supply.

Abstract

Economic diversification is a key element of economic development in which a country moves to a more diverse pro- duction and trade structure. A lack of economic diversification is often associated with increased vulnerability to external shocks that can undermine prospects for longer-term economic growth.

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Published

2022-09-25

Issue

Vol. 3 No. 9 (2022): wos

Section

Articles