Increasing the economic efficiency of the cotton complex in a market economy

Abstract

Uzbekistan has a fairly high economic potential for the development of agricultural production, the formation of the necessary food resources and the development of a raw material base for the processing industry. In recent years, despite the favorable situation in the world textile market, the development of the country's cotton complex is characterized by instability and decline, market transformations in the cotton complex have led to disintegration and a significant imbalance in its functioning. The development of monopoly structures in the field of sales of the industry's products is accompanied by distortions in the pricing system. The intra-industry disunity of the enterprises of the cotton complex does not allow rational use of the existing opportunities for the dynamic development of raw cotton production, its deep processing and increasing the efficiency of the cotton complex. Currently, only a tenth of the produced cotton fiber is processed in the republic, and the rest is exported outside the country.