FOREIGN EXPERIENCE OF FINANCING ECONOMICALLY INSOLVENT ENTERPRISES

Abstract

This article analyzes the causes of the economic crisis arising in the conditions of economic instability, slow payment circulation, risk of non-payment, current inflation and insufficient qualifications of managers. In this direction, researches carried out by local scientists and scientists of the Russian Federation are studied and their opinions are presented. In fact, as a result of special attention paid to entrepreneurship by the Uzbek government in recent years, the entrepreneurship sector has become a leading branch of the economy. Scientific research dedicated to the development of a financial mechanism on the subject is also important for innovative development and increasing social welfare. Proposals and recommendations aimed at supporting and developing various sectors of the economy were developed through these processes.