Gadzhyyev S. Formation and development of foregn economic relations strategy of the countries with transition economies (on materials of the Azerbaijan republic)

The theoretical and methodological fundamentals of foreign economic relations' strategy of the countries with transition economies (on materials of the Azerbaijan republic) are analyzed. In a thesis its basic dominants, principles, structural elements, mechanism of formation and development within the system of market transformation, globalization of international economic relations and deepening of integration processes are uncovered. The conducted analysis has permitted to the author to open objective necessity, precondition, regularity and feature of developing of market relations in the countries with transition economies, including in Azerbaijan, to formulate conceptual fundamentals of development of foreign trade and foreign trade policy of Azerbaijan as basic form of international economic relations of the country in conditions of market transformation, to elaborate the model of foreign trade, to analyze its structure, dynamics and geography. The priority direction of foreign economic relationsd evelopment strategy of Azerbaijan republic, in particular, the role of the foreign investments, export potential of the country during further reforming of national economy, participation of republic in regional integration groups are detected and justified. The basic problems, connected with improving of regulatory mechanism of foreign economic relations of Azerbaijan are detected, among which the predominant role play foreign economic policy, balance of payments statement, service of external debt of the country. On the basis of the conducted analysis the models and forecasts of foreign trade activities of Azerbaijan are designed, the concrete ways, forms and directions of further increase of foreign economic relations' efficiency for the country and improving of the mechanism of its long term external economic policy are offered in the thesis.