Page 115 - Azerbaijan State University of Economics

DIRECTIONS OF IMPROVEMENT OF REGIONAL POLICY
OF STATE IN MODERN ENVIRONMENT

objectives and results, discussion of issues raised during the process,

publication of funds used for the reanimation.
The reanimation of remote regions has other feature then the

depressive ones. If depressive regions experience economic regression, the
remote ones have low developed infrastructure, lack of communications,

labor forces, and hard climate and geographic conditions.

The reanimation of remote regions is supported by the measurements
implemented under the program named “Social-economic development of

regions of Azerbaijan Republic”. This program considers the reanimation
not only remote, but also economically depressive regions. Different

governmental organizations, self-regulatory bodies and private

entrepreneurs participate in realization of these measurements.
Medium and large scaled projects presented by firms and

companies are provided by required normative and legislative
framework by the government. Mentioned above factors have already

played important role in development of whole economy, as well as in
reanimation of depressive and remote regions based on implementation

of cluster methodology.

References
1. Armstrong И., Taylor J. Regional economics and policy New-
York. 1993.
2. Babashkina A.M., The governmental regulation of national
economy. Finance and Statistics, 2005. (In Russian).
3. Brewis T.N. Regional Development in Canada: experience and
prospects. Ottawa, 1971.
4. Chaguchshev M.Ch., Sokolov M.M., Regions: economics and
management. Moscow, ЮТИЕИ-ДАНА, 2001. (In Russian).
5. Closer Neighbors: Proposal for a New Strategy for the Nordic
Co-operation with the Adjacent Areas Kopenhamn, 2000.
6. Fatkhutdinov. R.A.Strategic management. Moscow 1999. (in Russian).

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