THE ROLE OF THE PRIVATE ECONOMY IN CREATING JOBS IN OUR COUNTRY TODAY

Abstract

The role and position of the private economy in the socialist-oriented market economy and international integration are increasingly recognized and appreciated. The private economy is increasingly making a great contribution in mobilizing social resources for investment, production and business development, economic growth, economic restructuring, increasing State budget revenue, and improving living standards and especially in job creation. On the basis of analyzing the Party's views on the private sector, the article clarifies the current status of the private sector's role in job creation and proposes some solutions to strengthen and promote the role of the private economy in creating jobs as well as in the development of the country.