THE ROLE OF ECONOMIC MANAGEMENT IN THE PRODUCTION OF IMPORT-SUBSTITUTING PRODUCTS
DOI:
https://doi.org/10.55640/Keywords:
Import-substituting products, economic management, production efficiency, cost optimization, resource allocation, product quality, domestic industry, strategic planning, industrial development, UzbekistanAbstract
The development of import-substituting products is a strategic priority for Uzbekistan to reduce dependency on foreign goods and strengthen domestic industry. This study examines the role of economic management in enhancing the efficiency, quality, and competitiveness of import-substituting production. Using a mixed-methods approach, including analysis of national statistics, government reports, and interviews with managers of domestic manufacturing enterprises, the research identifies key management practices that contribute to successful import substitution. Findings indicate that structured economic management, encompassing production planning, cost optimization, resource allocation, quality control, and market strategies, significantly improves production outcomes, financial performance, and market share. The study highlights the importance of integrating innovation and strategic planning to promote sustainable industrial growth and reduce import reliance.
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