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Non-oil sector as a competitive factor of economic development of Azerbaijan


Shakhin Guseynov
(about the author)

Guseynov Shakhin Ragim – graduate student of the world economy, Plekhanov Russian University of Economics, Moscow

Published in:
Russian Journal of Entrepreneurship
– № 13 / July, 2014



Keywords: azerbaijan, export of services, foreign direct investment, gdp, import of services, non-oil sector, tourism services sector


Citation:
Shakhin Guseynov (2014). Non-oil sector as a competitive factor of economic development of Azerbaijan. Russian Journal of Entrepreneurship, 15(13), 93-101. — url: http://bgscience.ru/com/lib/4705


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Abstract:

This paper is devoted to defining the role of the non-oil sector in the economic development of the Republic of Azerbaijan . The author analyzes the main indicators of trade in services, as well as determines the share of services, particularly in the tourism sector in the country's GDP. Particular attention is paid to the flow of foreign direct investment, as well as their role in the development of the services sector. Suggested ways of improving the concept of development of the economy of Azerbaijan.








References:
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7. Annual Report 2012, The Central Bank of the Republic Azerbaijan.
8. UNWTO, 2013 (Tourism Highlights – 2013). – 3 s.
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