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Paradigm of regional development in the context of globalization

Vagif Rustamov, Ph.D., docent

e-rustamov.vagif@gmail.com

23743 ­ ­ AZ ­ ­ 31. Januray 2020 ­ ­­ ­ regional development globalization system analysis paradigm conceptual recommendations.

The article presents the results of a study conducted to identify the main directions of adaptation of the regional development paradigm to globalization. The research methodology is based on the system analysis approach. The study shows that globalization leads to the emergence of new factors and opportunities that can have a significant impact on the development of countries and in-country regions. Consequently, the success of regional development policy in the modern era largely depends on the full and effective use of national and international factors and opportunities in a coordinated manner. It is substantiated that the improvement of the in-country division of labor taking into account the comparative advantages of the regions and the optimization of the “world-country-region” relations in terms of their contribution to sustainable and inclusive development can serve as priority directions for regional development policy in the context of globalization. In the end, based on the results of the study, conceptual recommendations are given on adapting the regional development policy and its planning system to the conditions of globalization in the Republic of Azerbaijan.

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AUTHORS

 

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Israfil. Ismayilov

Member of the Russian Academy of Natural Sciences

  Prof. Dr.  

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Aytan. Shukurova

Azerbaijan Cooperation University, senior teacher, dissertator

   

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Ismayil. Kheyirkhabarov

Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Tamraz. Tamrazov

Vegetable Research Institute

   

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Rashad. Ahmadov

Education Center of Tax Ministry of Azerbaijan Republic

   

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Yusif. Humbatov

Azerbaijan University of Technology

   

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Lotanna. Emediegwu

Department of Economics, The University of Manchester, UK | Department of Agricultural Economics, University of Ilorin, Nigeria | Department of Economics, Policy and International Business, Manchester Metropolitan University, UK

   

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Fuad. Ibrahimov

Economic issues expert of the Center for Socio-Economic and Ecological Research Public Union

  Doctor of Philosophy in Economics  

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Farman. Guliyev

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Ulker. Mammadova

Ph.D. student of the Azerbaijan Cooperation University

   

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Azer. Gurbanzadeh

Azerbaijan Cooperation University

  Ph.D., docent  

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Esmira. Latifova

Director Adviser, Agricultural Economics Research Center

   

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Said. Mustafayev

Ph.D. student of the Agricultural Research Center

   

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Saadat. Guliyeva

Azerbaijan Academy of Labor and Social Relations

  Doctor of Philosophy in Economics  

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Samir. Akhmedov

Ph.D. student of the Agricultural Economics Research Center

   

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Vusala. Babayeva

Doctor of Science Program of Agricultural Economics Research Center

  Doctor of Philosophy in Economics