Pages: 296-300
Published: 30.11.2017
Abstract: The topical issues of using the world experience in the development of the national economy in improving the country's economic model are explored in the article. The main mechanisms and elements of the development of the national economy, its resource availability, basic indicators and principles are analyzed. Various models and directions of development of national economy in the world are studied. The essence and main advantages, mechanisms, principles, criteria of the American, German, Japanese, Swedish, French, Chinese, South Korean, European, Islamic, and for comparing the Azerbaijani models of economic development in the modern reality are revealed. The objectivity and regularity of this or that economic model of the national economy development, proceeding from the strength of the basic mechanisms and elements of formation and activity are considered. The strategic goals and main directions of the development of the optimal model of the economic development of the national economy in the context of ensuring the country's competitiveness and security are determined. A number of recommendations and proposals on the importance and effectiveness of using the world experience in the development of the national economy in improving the country's economic model in the face of global threats are given.
Key words: world experience, national economy, development of the national economy, economic growth, competitiveness, rationality, economic model of the country.
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