Problems of Minimizing the Risks of Foreign Economic Activity
Keywords:
foreign economic activity, risks, foreign trade operations, exports, insurance, diversification, external, internal risks
Abstract
Development of international business activities of Uzbek foreign trade entities has become one of the most pressing issues today. However, the entry of foreign trade entities into the world market is accompanied by increasing systemic uncertainty, which creates clear external economic risks that offset the negative impact of internal and intra-company risks, and is one of the challenges in the globalization process. For this reason, this article examines measures, theoretical and practical methods of prevention and minimization of risks of foreign economic activity. As a result of the research, the author developed proposals to minimize the risks of foreign economic activity in the country.
References
1. Decree of the President of the Republic of Uzbekistan "On measures to improve the management system in the field of investment and foreign trade." 28.01.2019. https://president.uz/uz/lists/view/2355
2. Avdokushin E.F. International economic relations. Textbook. manual. - 4th ed., revised. and additional - M .: ITC "Marketing", 1999 - 264 p.
3. Balabanov I.T., Balabanov A.I. Foreign economic relations: Textbook. allowance.— M .: Finance and statistics, 2000.— 512s.
4. Bunkovsky D.V. Methods for minimizing enterprise risks // Management issues. 2018. No. 5 (35). URL: https://cyberleninka.ru/article/n/metody-minimizatsii-riskov-predpriyatiya (date of access: 01.07.2021).
5. http://www.expertiza.uz/?p=6242
6. https://mift.uz/uz/pages/statistika-tovarooborota
7. Entrepreneurial risk and ways of its negative consequences. / Sechko L. N. // Humanitarian and economic bulletin. - 2006. - No. 1, p.63-67.
2. Avdokushin E.F. International economic relations. Textbook. manual. - 4th ed., revised. and additional - M .: ITC "Marketing", 1999 - 264 p.
3. Balabanov I.T., Balabanov A.I. Foreign economic relations: Textbook. allowance.— M .: Finance and statistics, 2000.— 512s.
4. Bunkovsky D.V. Methods for minimizing enterprise risks // Management issues. 2018. No. 5 (35). URL: https://cyberleninka.ru/article/n/metody-minimizatsii-riskov-predpriyatiya (date of access: 01.07.2021).
5. http://www.expertiza.uz/?p=6242
6. https://mift.uz/uz/pages/statistika-tovarooborota
7. Entrepreneurial risk and ways of its negative consequences. / Sechko L. N. // Humanitarian and economic bulletin. - 2006. - No. 1, p.63-67.
Published
2021-08-03
How to Cite
Rakhmanberdievna, A. A. (2021). Problems of Minimizing the Risks of Foreign Economic Activity. International Journal on Economics, Finance and Sustainable Development, 3(8), 1-8. https://doi.org/10.31149/ijefsd.v3i8.2078
Section
Articles
