Akademik Məlumat İdarəetmə Sistemi
37th International Scientific Conference on Economic and Social Development - Socio Economic Problems of Sustainable Development, Baku, Azerbaijan, 14 - 15 February 2019, pp.435-443
As a result of the transition of the economy of the Republic of Azerbaijan to the post-oil stage in modern condition, its future development is largely connected with the socio-economic development of the regions. In its' turn, the great potential of the non-oil sector development and socio-economic development of our country are focused on the regions of the country. At present, the regions of Azerbaijan are on the threshold of being a leading power in the development of the national economy of our country. The development and diversification of the non-oil sector in the regions of Azerbaijan will generally create the basis for the country's economy in order to reduce dependence on oil revenues, increase the level of employment in the country and its transition to the sustainable development conception. The SWOT analysis of the sustainable, competitive and diversified conditions of the regions based on concrete materials have been revealed, evaluated and assessed on the basis of priorities of the non-oil sector in the regions. Over the past 15 years, the development and diversification of the non-oil sector in the regions has been implemented on three regional development programs adopted in the country. For this purpose, large financial support was provided for the development of the non-oil sector in the regions from the state budget, as well as from other financial sources, extensive tax, customs, loan concessions and subsidies. Sustainable development in the regions caused to the consistent growth of economic and social indicators, balanced development of the balancing growth rate, on the one hand, and improving level of development on the other hand. Taking into consideration, the adoption of "Strategic Road Map on Major Sectors of the National Economy and economy" will provide the competitiveness, inclusiveness and further improvement of social well-being of the economy on the basis of national economic development and sustainable economic development of the regions. The directions of improving the conceptual framework for the development of targeted state programs in different spheres and directions are being developed on the basis of structural analysis of non-oil fields in the regions of Azerbaijan. As a result of the carried out research, specific proposals and recommendations have been put forward for the development of the non-oil sector, diversification and stimulation of increasing export potential in the regions of Azerbaijan.