Methods of solving macroeconomic İssues of the Economic Development in Azerbaijan - global view


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Cəfərli H.

Journal of Accounting and Management , vol.1, no.3, pp.1-13, 2025 (Peer-Reviewed Journal)

Qısa məlumat

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.