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THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.70, # 1, 2013, pp. 46-76
THE ISSUES RELATED TO FORMATION OF COMPETITIVE STRUCTURE OF
INDUSTRY IN AZERBAIJAN
Gulbaniz Tofig gizi Aliyeva
Associate professor, Ph.D.
Azerbaijan State University of Economics
E-mail: [email protected]
Received 6 December 2012; accepted 12 March 2013; published online 15 July 2013
Abstract
The article was dedicated to acceleration of structural changes in industry of
Azerbaijan, its optimization and formation of competitive structure. The article
analyzed the structural changes in Azerbaijani industry during 1990-2012 and
investigated the trends of these changes during the recent period. The purpose of
the research is identification of ways for improvement of structure the Azerbaijani
industry through studying its current condition and preparation of advises in
respect of its optimization based on theoretical and practical experience. In
research we have identified the inherent features of Azerbaijani industry and
factors affecting it. The research was conducted based on abstraction and
systematic analysis, statistical and logical summary. As a result, we came to
conclusion that in order to accelerate the optimization of industrial structure in
Azerbaijan the acceleration of re-structuring and privatization is required. The
practical importance of the research: the utilization of practical advises provided in
the research could contribute to the improvement of competitiveness of local
industry, its restoration and government’s role in its future development.
Key words: industry, optimization, investment, competitiveness, technology.
JEL Classification Codes: L 16
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