2019Economic Herald of the DonbasOpen access

The main priorities of the national economy of the Republic of Azerbaijan in a market economy

A. Y. O. Jalilov

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Abstract

The article notes that in achieving socio-economic goals they were guided by the principles of effective government regulation, which ensured perfect competition in a market economy, transforming into an export-oriented economy, which will allow rational use of energy, which creates high added value. Thus, improving the competitiveness of the national economy, based on certain areas, allows you to achieve protection of macroeconomic stability, which will strengthen the coordination of monetary and fiscal policy. At the same time, the improvement of the business environment and the support of private initiative, the development of the financial services market, make it possible to improve foreign trade and investment policies.

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The article notes that in achieving socio-economic goals they were guided by the principles of effective government regulation, which ensured perfect competition in a market economy, transforming into an export-oriented economy, which will allow rational use of energy, which creates high added value. Thus, improving the competitiveness of the national economy, based on certain areas, allows you to achieve protection of macroeconomic stability, which will strengthen the coordination of monetary and fiscal policy. At the same time, the improvement of the business environment and the support of private initiative, the development of the financial services market, make it possible to improve foreign trade and investment policies.

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Available abstract

The article notes that in achieving socio-economic goals they were guided by the principles of effective government regulation, which ensured perfect competition in a market economy, transforming into an export-oriented economy, which will allow rational use of energy, which creates high added value. Thus, improving the competitiveness of the national economy, based on certain areas, allows you to achieve protection of macroeconomic stability, which will strengthen the coordination of monetary and fiscal policy. At the same time, the improvement of the business environment and the support of private initiative, the development of the financial services market, make it possible to improve foreign trade and investment policies.

Key concepts: National economy, Economy, The Republic, Business, Economic system, Market economy, Economics, Theology

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