Role of Governance Principles in the Institute of State Structures in Azerbaijan

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Majidov Rasim

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Journal Paper

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Journal: METAFIZIKA Year:2020 | Volume:3 | Issue:4 Page(s): 45-66

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Title

Role of Governance Principles in the Institute of State Structures in Azerbaijan

Author(s)

Majidov Rasim | Issue Writer Certificate

Keywords

institutions

social state

management subsystems

intellectual capital

innovation

free enterprise

Abstract

In the article, for the analysis of the problem posed, approaches are widely used that are rooted in modern economic reality and are inherent in the theories of institutionalism. New economic conditions require the Azerbaijani state and the contingent of civil servants working in government to implement effective management programs based on political, economic, social and moral concepts. Institutional changes can provide Azerbaijan with free access to domestic and foreign markets and, as a result, provide our country with the opportunity to accept regional capital (mainly the entire Caucasus) as a “ gift” of fate. The article discusses the process of institutional changes in on-farm organizations from the point of view of the theory of private property, transaction costs, contractual theories and rules of social behavior, as well as ways to ensure that effective state mechanisms fully meet modern requirements. This problem is considered from the point of view of methodological approaches set forth in the theories of classical institutionalism and neoinstitutionalism. The article analyzes the institutional problems of free creativity, free entrepreneurial activity, intellectual capital in the framework of structural capital, institutionalized economy and an effective system of government, an effective state. It is concluded that as a result of a policy based on these economic concepts, a person’ s free creative ability is formed, and the search for mutual benefit between people becomes a real social incentive. The principle of combining and com plementing the in terests of the collective and society as a whole with the personal will and interests of an independent individual should be adopted as a factor that serves the institutionalization of state structures and the formation of a social state.

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APA: Copy

Majidov, Rasim. (2020). Role of Governance Principles in the Institute of State Structures in Azerbaijan. METAFIZIKA, 3(4 ), 45-66. SID. https://sid.ir/paper/767688/en

Vancouver: Copy

Majidov Rasim. Role of Governance Principles in the Institute of State Structures in Azerbaijan. METAFIZIKA[Internet]. 2020;3(4 ):45-66. Available from: https://sid.ir/paper/767688/en

IEEE: Copy

Rasim Majidov, “Role of Governance Principles in the Institute of State Structures in Azerbaijan,” METAFIZIKA, vol. 3, no. 4 , pp. 45–66, 2020, [Online]. Available: https://sid.ir/paper/767688/en

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