Assessment of the Competitiveness of the Economy of Azerbaijan in the System of Modern World Economic Systems Communications
- DOI
- 10.2991/aebmr.k.201215.037How to use a DOI?
- Keywords
- national economy, competitiveness, comparative characteristic, improving indicators, Azerbaijan
- Abstract
In the modern world economy, we are witnessing qualitative changes related to globalization, the gap in the levels of development of individual countries and regions, the transition of the world from a unipolar model to a multipolar one, and increased competition between the world’s States for sales markets. Thus, the market in a broad sense is becoming one of the main values in our time, and therefore, the political and economic power of a country is determined by the degree of its competitiveness. The object of research is the national economy in terms of its competitiveness, including the development of national competitive advantages, as well as competitiveness in a globalizing world. Special attention is paid to the economy of Azerbaijan, its current state and problems by assessments of various expert agencies. Author pays particular attention to examination of World Competitiveness Index and conducts comparative analysis of Azerbaijan and CIS countries. When calculating this year’s rating for Azerbaijan, the fall in energy prices and the devaluation of the national currency were taken into account.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Zumrud Najafova PY - 2020 DA - 2020/12/17 TI - Assessment of the Competitiveness of the Economy of Azerbaijan in the System of Modern World Economic Systems Communications BT - Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020) PB - Atlantis Press SP - 177 EP - 179 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.201215.037 DO - 10.2991/aebmr.k.201215.037 ID - Najafova2020 ER -