Main Article Content
The article deeply analyzes the difficult thirty-year practice of the development of the Republic of Azerbaijan in the context of considering the main components that made it possible to overcome the huge crisis phenomena and challenges that called into question the very existence of the state in the first post-Soviet years, and entering the trajectory of socio-economic development and recovery. The authors argue that it is the strengthening of all state institutions, a balanced consolidating strategy of Azerbaijan studies, skillfully and quickly carried out broad economic reforms, rational approaches to attracting foreign direct investment and creating an appropriate business climate that have been and remain the engines of positive socio-economic transformations.
The end of the military confrontation, the departure from the attitudes of extreme nationalism, as well as a number of unpopular measures that were taken under the firm leadership of Heydar Aliyev, were used to overcome separatism and disintegration phenomena, at the same time, human and organizational resources were subordinated to the preservation of Azerbaijan’s national identity and growth public consciousness of its society.
The recovery of economic growth in post-Soviet Azerbaijan is inextricably linked with the development of oil resources on the shelf of the Caspian Sea. This was facilitated by a stable domestic and foreign policy, constitutional and legal framework for the development of entrepreneurship, which allows attracting foreign direct investment in the long term.
At the present stage, official Baku professes strategic goals for the formation of a socially-oriented, diversified national economy, strengthening its free market relations and the ability to self-development in the context of trends in the world economy. This is facilitated by measures to implement a long-term strategy for the management of oil and gas revenues and a program for the socio-economic development of the regions of the Republic of Azerbaijan.
Consequently, the national consolidation, economic growth of Azerbaijan along with the development of the armed forces have become effective factors in the restoration of territorial integrity and the return of uncontrolled territories and their modern restoration.
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