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Foreign Experience In The Transformation Of The Chemical Industry And Its Practical Significance

Year: 2024

Type: article

Abstract: This article explores the transformation of the chemical industry in developed nations and its implications for Uzbekistan. Despite extensive research on this subject, a knowledge gap exists in understanding how these transformations can be adapted to the Uzbek context. The study uses a comparative analysis of international case studies and Uzbekistan’s industrial policies, focusing on key metrics like asset profitability, innovation, and financial stability. Findings reveal that adopting international practices can significantly enhance efficiency and profitability in Uzbekistan's chemical sector. The results have critical implications for policymakers, highlighting strategies for integrating global expertise into domestic industry practices.

Source: American Journal of Economics and Business Management

DOI: 10.31150/ajebm.v7i9.2926

Author: Botir Sokhibov

Language: English

Topic: Economic and Industrial Development

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W4402972043

FWCI:

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Related to: 10