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Paradigm of regional development in the context of globalization

Vagif Rustamov, Ph.D., docent

e-rustamov.vagif@gmail.com

25715 ­ ­ 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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Teymur. Nagibeyli

Ph.D. student of the Agricultural Economics Research Center

   

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Ramil. Huseyn

Center for Economic Reforms and Communication

  Doctor of Economics  

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Ibrahim. Jafarov

Azerbaijan State Agricultural University

  Corresponding member of ANAS, prof  

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Natig. Mirzayev

Lankaran State University

   

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Rasul. Balayev

Azerbaijan State University of Economics, professor

  prof, dr  

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Firdovsi. Fikratzade

Doctoral student at the Institute for Scientific Research on Economic Reforms

  Doctor of Philosophy in Economics  

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Aygun. Huseynova

Baku State University

   

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Hagar. Namazova

Ph.D. candidate of the Azerbaijan State Economic University (UNEC)

   

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Jubril. Animashaun

Department of Economics, The University of Manchester, UK / Department of Agricultural Economics, University of Ilorin, Nigeria

   

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Ruhiyya. Gambarova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Aytekin. Huseynli

Ph.D. student of the Baku State University

   

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Zaur. Asadov

Azerbaijan State Oil and Industrial University

  Doctor of Philosophy in Economics  

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. Hikmat

Ph.D. in agrarian sciences, docent H.N. Nasibov

   

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Nargiz. Hasanova

Azerbaijan State Agrarian University

   

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Shovkat. Yusufova

Azerbaijan Cooperation University

  Ph.D., docent  

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Ruhiyya. Mammadrzayeva

Research Institute of Plant Protection and Technical Plants