Full Article: PDF
Scientific Object Identifier: http://s-o-i.org/1.1/TAS-12-92-17
DOI: https://dx.doi.org/10.15863/TAS.2020.12.92.17
Language: English
Citation: Abdullaev, A. M. (2020). Impact of COVID-19 on international trade: analysis of situation in Uzbekistan. ISJ Theoretical & Applied Science, 12 (92), 83-92. Soi: http://s-o-i.org/1.1/TAS-12-92-17 Doi: https://dx.doi.org/10.15863/TAS.2020.12.92.17 |
Pages: 83-92
Published: 30.12.2020
Abstract: Nowadays, the awareness of interrelation of the transformation of economic systems with modern globalization challenges, regularities, and trends of information and scientific-technological development of the world economy becomes especially important. The increasing interaction of national economies, accelerated development of globalization processes are increasingly affecting the formation of the vector of economic transformation, the effectiveness of systemic changes. The significance of the research is shaped by the fact that at the current phase of the global economic development is primarily influenced by the course of globalization and COVID-19 that mainly forms different tendencies in worldwide financial relations. The content of international economic relations is changing, new features appear, new trends under the influence of COVID-19 aspects. Global trade in goods and services as a form of international economic relations is susceptible both to the processes of globalization and to the tendencies of shaking its foundations under the influence of intensifying struggle dealing with COVID-19 pandemic worldwide. The study aims to examine present changes in international trade development in the context of Uzbekistan and worldwide. Political, discretionary, exchange, financial, and social ties have been expanded with the central industrialized nations of the world. Outside exchange tasks, which are the most significant factor of the economy, guarantee the improvement of the country. The foundation of exchange relations with different countries adds to the development of fares of items made in the nation.
Key words: COVID-19, international trade, export, import.
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