Competitive Factors in Ensuring the Sustainability of the Food Industry Economy

Ismailov Omilxon Shukurillaevich

doi:10.17762/pae.v58i1.1077

Abstract

This article discusses the issues of competition in ensuring the sustainability of the food industry in the world economy, the sources and stages of competitive advantages of States. The role of natural resources, investments and other elements in increasing the economic competitiveness of the state, as well as the stages of competitiveness of developed countries are discussed.

Highlights

In the current conditions of development of the world economy, a necessary condition for the equal participation of the state in international cooperation is the competitiveness of the national economy, in this regard, the study of the problem of competitiveness is especially relevant
The competitive advantage based on factors of production is not considered stable, as the country's economy remains dependent on changes in world prices for raw materials, which is based on the fact that the development of resource-saving technologies has a major impact on them
The country's competitive advantage is determined by an active investment policy in which technologies and equipment are imported, and enterprises seek to acquire the best technologies, licenses, know-how

Summary

Introduction

In the current conditions of development of the world economy, a necessary condition for the equal participation of the state in international cooperation is the competitiveness of the national economy, in this regard, the study of the problem of competitiveness is especially relevant.

Results

Conclusion