IMPACT OF FOREIGN INVESTMENT ON ECONOMIC GROWTH

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Pages 162-166

Published: Jun 17, 2021
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Keywords:
Foreign investment, source, backwardness, socio-economic development, funding, structure of the economy, diversify, country’s exports, technical achievements, technological achievements, innovative achievements

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Bek Mohammad Naiem
Student Termiz State University, Uzbekistan

Abstract

The article analyzes the concept of foreign investment as an important source of overcoming the backwardness in the socio-economic development of Pakistan. This is because foreign investment is only a source of funding to improve the structure of the economy and to diversify and diversify the country’s exports. Due to foreign investments, technical, technological and innovative achievements are transferred to the industry, thereby introducing new technologies, new knowledge, better management and marketing methods in production, which contributes to an increase in the income of the population, their consumption of high-quality goods and products, in addition, there is a positive impact on social and economic development and increasing the level of well-being of the country’s population.

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How to Cite
Naiem, B. M. . (2021). IMPACT OF FOREIGN INVESTMENT ON ECONOMIC GROWTH. INTERNATIONAL SCIENTIFIC AND CURRENT RESEARCH CONFERENCES, 1(1), 162–166. Retrieved from https://usajournalshub.com/conferences/index.php/iscrc/article/view/352
Conference Title
SCIENCE AND INNOVATION IN THE XXI CENTURY: CURRENT ISSUES, DISCOVERIES AND ACHIEVEMENTS - II
Conference Section
Conference Articles

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