State and Priority Directions of Development of the Tertiary Sector of the Economy in Uzbekistan

Abstract

The current concerns of the service sector's development in Uzbekistan are considered in the context of the country's continuing large-scale reforms, the problems are disclosed, and the major directions for its future development are justified. The development of the service sector is being given a lot of attention as a foundation for solving pressing economic growth concerns. The prerequisites for the emergence and further development of the three-sector economy are investigated, its theoretical interpretations are given, the questions of the applicability of the theory of sectors in modern conditions are considered. The article analyzes the relationship between the advancement of the benefit segment in Uzbekistan with financial development, a lessening in unemployment, an increment within the wage of the populace and an increment in its standard of living. The investigation uncovers positive patterns that indicate critical changes within the structure of shopper investing of the country's populace, as a essential and vital calculate for the fruitful advancement of the benefit segment. In arrange to demonstrate to the world community the prospects of the chosen procedure of large-scale changes, Uzbekistan must plan create the service segment and accomplish a noteworthy increase within the share of the tertiary segment within the economy. The presence of a huge internal potential, the analysis and use of the best practices of developed countries, high profitability, fast payback and other undeniable advantages make the service sector a very promising direction for strengthening Uzbekistan's position in the world market.   The article thoroughly proves that the restructuring of the service sector is its systemic development, which means an increase in the share of individual, the most promising sectors of it: education, tourism, the digital economy.   The necessity and especially important role of measures of state influence and support of the most promising branches of the service sector is pointed out.