Published December 11, 2018 | Version pdf

İNVESTİSİYA CƏLBEDİCİLİYİNDƏ İQTİSADİ AZADLIQLARIN YERİ VƏ ROLU

  • 1. Baku Engineering University
  • 2. UNEC

Description

One of the prior factors to attract investments is directly linked to the climate of economic freedom at the country. Attaining economic freedom and non-intervention of government is vital in this regard. However government may act regarding to market players through control over process or regulatory tools, like fiscal and monetary policies, and law enforcements. When government take steps to encourage competition among market participants while maintaining observer status at the market, it strengths the economy. Similarly, capital flows will not rise when government size is too much. In 2018, Azerbaijan ranks 57 with 70.19 score, compared to 65 and 63 in 2017 and 2016 respectively out of 190 countries listed according to Doing Business Reports by World Bank. Azerbaijan average score in 10 factors of Economic Freedom Index increased from 30% since 1996 to world average in 2010 and passed to moderately free economy in 2017 according to The Heritage Foundation report of 2017. At the same time, FDI as representing economic integration and economic freedom is increased in Azerbaijan by period studied

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Economy_Volue2_Number2_2018_2_SON (1)-57-66.pdf

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