Proceedings of the IX International Scientific and Practical Conference “Current Problems of Social and Labour Relations" (ISPC-CPSLR 2021)

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Innovations and Investments as a Sources of Economic Growth in Azerbaijan in Pandemic Conditions

Authors
Gulshen Zahid qizi Yuzbashiyeva1, Samira Huseyn qizi Abasova1, *
1Economy Institute of Azerbaijan National Academy of Sciences, Baku, Azerbaijan
Corresponding Author
Samira Huseyn qizi Abasova
Available Online 22 February 2022.
DOI
10.2991/assehr.k.220208.074How to use a DOI?
Keywords
Innovations; Investments; Index of economic freedom; “Economic complexity” index; Pandemic and economic growth; Economic growth model; Azerbaijan economic growth
Abstract

This article examines the issues of ensuring economic growth in the economy of Azerbaijan. Authors consider the innovative stages of development for Azerbaijan national economic growth based on modern technologies and attracting investment. Investments for implementing modern innovations in Azerbaijan have played a leading role in increasing the export potential of hi-tech products and their competitiveness in the world market. This article has considered some indexes (index of economic freedom, index of “economic complexity”) and the position of Azerbaijan in the ranking of the CIS countries for 2013-2020. The gradual and consistent economic growth of Azerbaijan contributes to the stability and efficiency of the economy and develops the scientific, technical and technological potential of the industry and the qualifications of personnel. Increasing the level of investments in the national economy of Azerbaijan will allow moving from a stage driven by factors to a stage driven by investments that ensure sustainable development of the economy through scientific, technical and technological developments.

Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the IX International Scientific and Practical Conference “Current Problems of Social and Labour Relations" (ISPC-CPSLR 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
22 February 2022
ISBN
978-94-6239-541-1
ISSN
2352-5398
DOI
10.2991/assehr.k.220208.074How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

risenwbib
TY  - CONF
AU  - Gulshen Zahid qizi Yuzbashiyeva
AU  - Samira Huseyn qizi Abasova
PY  - 2022
DA  - 2022/02/22
TI  - Innovations and Investments as a Sources of Economic Growth in Azerbaijan in Pandemic Conditions
BT  - Proceedings of the IX International Scientific and Practical Conference “Current Problems of Social and Labour Relations" (ISPC-CPSLR 2021)
PB  - Atlantis Press
SP  - 424
EP  - 432
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220208.074
DO  - 10.2991/assehr.k.220208.074
ID  - Yuzbashiyeva2022
ER  -