Ponte Academic Journal Jan 2019, Volume 75, Issue 1 |
LIBERALNESS POTENTIAL OF the ECONOMIC MODELS (Comparative analysis of China and Azerbaijan) Author(s): Mayis Gulaliyev ,Samira Abasova;Ali Aga Ismayilzade, Shahin Bayramov, Elchin Mustafayev J. Ponte - Jan 2019 - Volume 75 - Issue 1 doi: 10.21506/j.ponte.2019.1.3 Abstract: In the article analyzed economic models as state�s model sharped intervention forms in economy. To measure these models there was used new methodology under name �index of leftness (rightness)of economy� that measures rates of state intervention in economy. By comparative analysis of China and Azerbaijan economic models the author concluded that the liberalization of Chinese economy in modern conditions does not have a positive impact on economic development, so there is a need to strengthen some model-shaping forms of intervention. As well as by some protectionist measures implemented in Azerbaijan in recent years has a negative impact on economic growth and the current state of the Azerbaijani economy is far below the level of \"optimal\" liberalization it can possess. Therefore, the economy of the country needs to be further liberalized.
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