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SPECIFICS IN THE FORMATION OF ENTREPRENEURIAL POTENTIAL OF TURKMENISTAN IN XX-XXI CENTURY

Journal: Journal Association 1901 SEPIKE (Vol.1, No. 07)

Publication Date:

Authors : ;

Page : 106-111

Keywords : closed economy; oil; gas and chemical industries; small and medium enterprises (SME's); government reforms; GD; free economic zones; diversification;

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Abstract

In this article authors research the economic development of Turkmenistan from the day of its release from the USSR up to the present. The features and problems that arose in today's young economy are investigated. Due to closeness of the Turkmenistan economy, the total absence or questionable number of official economic indicators, the possibility of studying the economy of this country appeared relatively recently, and has opened access to the information only in recent years. Research has shown that being closed industrial-agrarian republic in which was dominated oil, gas and chemical industry and in agriculture the cultivation of cotton, astrakhan and raw silk, and carpet weaving. Nowadays Turkmenistan wants to access international markets, develops small and medium enterprises, as well as the private economic sector and begins to attract foreign investors for the development of its economy.

Last modified: 2018-02-09 05:06:57