Methods of Solving Macroeconomic Issues of the Economic Development in Azerbaijan - Global View
Abstract
The main aim of the research consists of macroeconomic issues, modelling and definition of the most optimized solutions, approaches of the national economic development in the conditions of global economic challenges. From this point of view, the theoretical methodological features of the national economic development and review and solution issues of these problems with acceleration of the national economic development were analyzed. In the article a greater emphasis was put on the issues of provision of the national economic growth rate, improvement and development of domestic income, export structure, improvement of the export potential, formation and launch of foreign markets for the competitive and export oriented national brands. The issues of maximum rational use of the national wealth and resources were reviewed by the analyses of economic development processes of the post-Soviet republic Azerbaijan. The paper also includes the economic development model features of Azerbaijan, the self-development potential, and the possibilities to increase the competitiveness under conditions of global economic challenges. Special emphasis placed on the problems of rational model choice and implementation mechanisms for the national economic development. Activity of the economic fields capable for value added creation of the issues of the dynamic development provision of the national economy and increase of its competitiveness were strongly marked as a discussion point and formed the possibility for scientific polemic. In the post oil period in Azerbaijan the problems of flexibility and durability of the sustainable national economic development were revealed in this paper. The block scheme of activity directions on solution of macroeconomic problems of the national economy was prepared and the forecasts on a group of main indicators of the national economy for 2030 were formed in the context of impact enhancement of the global economic processes by taking into account the development tendencies of Azerbaijan in the post oil period. There were given suggestions and advices prepared on the problems mentioned in the article. The article investigates scientific polemics associated with the methods of different authors on the mentioned issues and scientific practical thoughts. The research paper touches implementation of the mechanisms of macroeconomic problems solution of the national economic development.
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