International Relations: Politics, Economics, Law


The article considers the formation of small and medium business in South Korea and its role in economic development, as well as importance in promoting the export of domestic goods. Particular attention is paid to the role of Government in supporting and encouraging small business. The country has formed an innovative small business, which brought the economy to a new level of development and raised its authority abroad. Some features of the development of small and medium business in South Korea can be useful for Uzbekistan in the course of modernization of the country and the formation of an innovative economy.

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