The Importance of Industry in Modern Economies of the Globalized World in the 21st Century

Abstract

Research background: The classic explanation about the structure of economies stipulates that, as societies advance, their economy gradually shifts towards the tertiary sector where the added value is the highest. While this logic proved to be empirically true during the last centuries, it nonetheless comes with significant issues in the long run. The need for manufactured products, which is constantly growing due to global economic development and a growing population, must still be addressed by an industrial base around. This leaves only two options open: 1. Some countries have to lag behind the rest of the world in terms of global economic development or 2. Developed countries will have to devote part of their labor and capital investment to (re) building capable industrial capacity. Purpose of the article: The aim of the article is to point out the influence of globalization on the position of production structures in the context of the global crisis. Methods: Comparative method, definition of the object of comparison and determination of the goal of comparison and determination of criteria for own analysis of relevant sources, induction, deduction, generalization. Findings & Value added: The only way to maintain enough industrial capacity to answer the demand in a globalized world without having some countries lagging behind will be to redistribute the production capabilities among the countries. This would make the economic playfield more even and would also have several side benefits regarding global environmental and political issues including unexpected crises such as pandemic period coronavirus.

Application of the principles of green economy to increase the stability of clustered complexes

“…The need to support industry for economic growth is also confirmed by the inclusion of the UN as Sustainable Development Goal 9 of Inclusive and sustainable industrial development, sustainable infrastructure and innovation in the 2030 Agenda for Sustainable Development [3].…”

The Role of Industry in the Economic Growth of Uzbekistan: Analysis, Forecast and Development Prospects

“…Шу боис мамлакатимиз вилоятларининг иқтисодиёт тармоқларига ихтисослашувини баҳолаш учун "ихтисослашув коэффициенти"дан фойдаланиш лозим. Ихтисослашув коэффициенти қуйидагича ҳисобланади [8]. Жаҳондаги глобаллашув шароитида юқори технологияли саноат маҳсулотлари ишлаб чиқариш инфратузилмасини ривожлантириш, сифатли ва рақобатбардош тайёр маҳсулотлар ҳисобига экспортни кўпайтиришга эришиш ҳамда самарадорлигини баҳолаш борасида кўплаб илмий тадқиқот ишлари олиб борилмоқда [9], жумладан, саноатнинг иқтисодий самарадорлик кўрсаткичларини чуқур таҳлил қилиш, унинг ривожланишига таъсир қилувчи омилларни иқтисодий-математик, эконометрик, статистик жиҳатдан баҳолаш, мезонларини такомиллаштириш, маҳсулот ишлаб чиқариш динамикасини моделлаштириш ва ўсиш (камайиш) тенденция-ларини реал прогнозлаш ҳамда моддий харажатларни қисқартиришнинг оптимал вариантларини топиш устувор йўналишлардан бири ҳисобланади.…”

“…тармоқ бўйича ихтисослашуви жами ишлаб чиқаришда мазкур тармоқнинг ўртача улушидан ортиқлигини кўрсатади.Таҳлилларга кўра, қишлоқ, ўрмон ва балиқчилик хўжалиги бўйича Жиззах (2,1), Сурхондарё(1,9), Бухоро(1,8), Самарқанд(1,8), Хоразм(1,8), Андижон (1,7), Қашқадарё(1,6), Наманган (1,5), Сирдарё (1,5) ва Фарғона(1,4) вилоятлари ҳамда Қорақалпоғистон Республикасининг (1,1) ихтисослашув коэффициенти1 > ij  эканлиги, яъни мазкур тармоқнинг жами ишлаб чиқаришдаги ўртача улушидан ортиқлигини кўрсатди. 1-расм.…”

Принципы Зеленой Экономики И Перспективы Их Применения Для Повышения Устойчивости Кластеризованных Промышленных Комплексов Региона

“…Необходимость поддержания промышленности для экономического роста также подтверждает включение ООН в качестве Цели устойчивого развития 9 Инклюзивного и устойчивого промышленного развития, устойчивой инфраструктуры и инноваций в Повестку дня в области устойчивого развития на период до 2030 года [49].…”