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ECONOMIC GROWTH IS THE BASIS OF OVERCOMING THE CONSEQUENCES OF TRANSFORMATIONAL CRISIS

Author (s)

Ismailova M.M.

Abstract

The article dwells on the issues concerned with overcoming theconsequences of transformational crisis. Market relations development has led to a change in almost all the elements of economic activity. It is determined that after the beginning of economic growth reformation Tajikistan missed the opportunity to use the strategy of home production development. By its nature, economic growth, relying on the development of production potential previsages technological and technical modernization, improving the quality of products as well. Analysis of functional significance of economic growth allows us to conclude that in the nearest perspective, the only way for Tajikistan Republic to resolve emerging difficulties is to achieve sustainable economic growth.

Keywords

economic growth, transformational crisis, production modernization, product quality, development of production potential, production reserves

References

1.        Ismailov Sh.M. Legal Conditions of State Support of Entrepreneurship in Tajikistan // Economy of Tajikistan. Strategy of Development, 2002, 1 - pp. 54-68.

2.        Krasnikova Ye.V. Economy in Transitional Period: - M.: Omega-L, 2005. - 348 pp.

3.        Rakhimov R.K. Problems Beset with the Transitional Economy Development of Tajikistan Republic. - Dushanbe, 2012. – 813 pp.

4.        Rizokulov T.R. Theoretico-Methodological Features of Overcoming Stagflation Processes in Transformational Economy (on the example of Tajikistan Republic): synopsis of doctoral dissertation in economics. - Dushanbe, 2009. - 48 pp.

5.        Statistical Agency Website under the Auspices of Tajikistan Republic President: http://stat.tj/ru/analytical-tables/real-sector/

Publication date

Monday, 15 November 2021