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STRUCTURAL INNOVATION REFORMS OF THE WORLD ECONOMY



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STRUCTURAL INNOVATION REFORMS OF THE WORLD ECONOMY 
 
G.N. Nazarova
(dotsent, Muhammad al-Xorazmiy nomidagi TATU)
I. Oqilova
(Muhammad al-Xorazmiy nomidagi TATU)
The development of Science and technology, the human potential and the 
level of its knowledge, which are considered the main factors determining the 
directions of innovative development in the future of the world economy, are 
emerging as a factor of bringing about major economic benefits, the development 
of science has been further improving digital information technologies and 
improving technical progress, information and communication technologies The 
wide popularity of systematic promotion of technical education and the acquisition 
of online technological knowledge among the population, the improvement of 
employees ' skills with the help of modern innovative technologies and through 
professional standards, the close interaction between business and higher technical 


471 
education institutions, as well as research on science, innovative technology and 
the increase of funds spent on the discovery of new. Offices and companies 
remotely from their places of residence, the videoconference system, the overall 
use of electric cars and cars are radically changing the order of carrying out 
traditional business and are pursuing a healthy innovative competition in the world. 
Currently, virtual employment in developed countries accounts for 17 percent of 
the total population, which is equal to 40 percent in the United States and Japan, as 
well as 33 percent in Denmark, Sweden and the Netherlands.
The wide application of the digital electronic payment system through the 
internet online in the global financial and credit and banking sector ensures that 
the calculations between businesses and the population are carried out quickly free 
of charge without the participation of the bank, and sharply reduces the cost of 
settlements, and also leads to a decrease in the value of financial and With the 
current modern technology, the world's 5 percent specialties work process is fully 
automated, in the near future 60 percent specialties are predicted by the McKinsey 
and Company Research Institute to achieve automation of a third part of the work 
process. 
The priority of free market forces and institutions in the economy, the 
improvement of institutional development (high transparency and transparency of 
Public Administration and legislative quality, reliability and accuracy of their long-
term goal), the creation of an innovative business competitive environment 
conducive to business and investors, as well as the high quality of the digital 
economy and modern internet infrastructure (the volume of, due to the formation 
of the foundation of an innovative free market economy with a social orientation 
(the introduction of an effective pension system for child care, compulsory 
preschool institutions covering all segments of the population and the full 
provision of a quality health care system, the development of the digital economy 
in a number of countries is growing at a high level and (Recorded in the Digital 
Evolution 2017 2017 evaluation index). The development of today's complex 
innovative technologies, the formation of the global digital economy and the 
increase in the potential of human capital as the most important factor in it, as well 
as the process of innovative globalization of the world economy (including free 
foreign trade, electronic online trade and digital financial capital), is not only the 
most advanced technological discovery, but also the,IT specialists (which accounts 
for about 10 percent of the population of developed countries) have provided a 
sharp increase in their income, at the same time, representatives of this technical 
sphere have overstated the capital resources of innovative technological companies 
in which they work,resulting in economic revenues leading to greater accumulation 
of large property and capital location owners from the hired labor. Of course, in 
the world, in the last 30 years, as a result of the automation and robotization of 
production and service processes, the wide application of Information Programs 
and innovative digital technologies in a number of spheres of society, as well as the 
fall in prices for them, 10 percent of the population of developed countries lost 
their jobs, by 2030- ies, The slowdown in the process of introducing new 


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innovations in countries that have achieved high performance in the areas of the 
digital economy has been noted in the Digital Evolutionution index 2017 
assessment. According to the analytical data of the audit-consulting company 
PricewaterhouseCoopers, labor productivity in seven developed countries in 1971-
2007 increased by 2-3 percent per year, due to the reduction in the scope of funds 
allocated to human capital, in 2008 -2016 this figure was below 1 percent. Thus, 
the process of transition to the digital economy due to the inefficiency of human 
potential and the use of Natural Resources, the remoteness of the current global 
economic policy from real life, in particular the uncertainty of the long-term 
economic policy of developed countries and the depth of the economic 
contradictions between them, the implementation of an unplanned and irregular, 
the presence of various barriers for developing countries in the use of advanced 
achievements of World Science and technology has a negative impact on world 
economic growth, slowing the global consumption costs of the population and 
reducing the issue of business funds. At the same time, the systematic penetration 
of advanced technologies of processing of renewable energy production complexes 
and waste (old cars, computers, smartphones, broken windows, plastic, rubber 
parts) into developing countries, as well as the development of a long-term global 
strategy for mass specialization in the production of agricultural and raw materials 
in developing countries, as well as the creation of broad, exemption from taxes and 
the creation of a reliable business environment is considered to be the most 
important global task of the first place. According to the agency Eurostat, the level 
of waste processing in the countries of the European Union is 45 percent, in Japan 
plastic waste is processed and used in place of bitumen when asphalt paving the 
road. It is known that plastic residues and old car tires, when added to the concrete 
composition, increase its durability.
In summary, it is aimed at reducing the role of the state in the world economy 
and reducing informal activities, creating a favorable and long-term sustainable 
innovative competitive environment for business, reducing and simplifying the 
scope and number of taxes on individuals and corporate, achieving transparency of 
the financial system, as well as improving the quality and transparency of Public 
Administration through, the provision of innovative mobility of labor resources, as 
well as the training of highly qualified technicians-engineers and specialists in 
other specific disciplines in digital information technology, is an urgent task to 
increase labor productivity by establishing a systematic basis. 

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