70th International Scientific Conference on Economic and Social Development, no.70, pp.756-762, 2021 (Peer-Reviewed Journal)
At the article, it searches the problems of ensuring the transition to the concept of inclusive growth in Azerbaijan from a theoretical, methodological and practical point of view. SWOT analysis and evaluation of existing concepts related to the concept of inclusive growth leads to the conclusion that inclusive growth is, above all, the optimal use of labor potential, ensuring effective employment, minimizing poverty and its negative consequences, the level of income
between different social groups. It is necessary to eliminate the sharp differences, as well as to reduce inequality in living standards between different regions, especially in the provision of social infrastructure, in general, comprehensive human development, as well as access to health and education services. It is also a fact that the transition to inclusive development is not possible without ensuring the transition to sustainable development. Then, the possibilities,
main ways, characteristics and mechanisms of transition to the concept of inclusive growth on the basis of concrete materials of Azerbaijan are evaluated on the basis of SWOT analysis, while identifying priority fields, and its implementation, the creation of appropriate social infrastructure to ensure sustainable development in the long run, a sharp increase in the share of human capital in GDP, the creation of the necessary institutional structures for effective
social policy and the transition to inclusive development are national priorities. It is also emphasized that the balance of resources of our country, the degree of their use, the achievements in socio-economic development in recent years will allow our country in the near future to move to the concept of inclusive economic growth. At the end of the article, the concrete suggestions and recommendations are put forward to improve the mechanisms of social development, social progress and effective implementation of the social security system in our country to ensure the transition to the concept of inclusive growth.