КОНСТРУКТИВНЫЕ ОСНОВЫ УСТОЙЧИВОГО ЭКОНОМИКО-ГЕОГРАФИЧЕСКОГО РАЗВИТИЯ ИНВЕСТИЦИОННОЙ СРЕДЫ И ПРОИЗВОДСТВЕННЫХ СФЕР АЗЕРБАЙДЖАНА

Abstract

One of the most urgent tasks facing every state in our modern era is to form an investment environment to achieve high economic growth rates. Favourable conditions should be createdfor the investment environment so that not only state and large companies, but also small and medium business owners could benefit from investments. From this point of view, developing the scientific and theoretical-methodological foundations of economic growth is considered one of the most critical tasks. Thus, investments are one of the essential factors for the progressive and positive functioning of the economy and economic development. Investments contribute to opening new production enterprises and creating additional jobs, applying advanced innovative technologies in production, increasing production, and ensuring integration into regional markets. This also benefits production-consumption relations, investors, and the country's budget. In this connection, the article provides the model of the formation of the investment environment in production areas, studies the investments allocated to Azerbaijan’s economy and production areas and the mechanisms of their influence on regional development, and analyses the importance of foreign investments and the threats they may create based on the principles of both regional and economic-geographic approaches.