Abstract
The article characterizes the factors affecting the socio-economic development of the Nakhchivan economic region and its administrative districts. An analysis of these factors, regional disparities, and existing advantages using the SWOT analysis method was conducted to identify opportunities for sustainable socio-economic development and assess risks. Additionally, the employment levels of the population in various economic sectors, some advantages and shortcomings of social development, and solutions to problems impacting overall socio-economic development were examined. To study the economic and geographical issues of the socio-economic development of the Nakhchivan Autonomous Republic, the distribution of the employed population across economic sectors was comparatively analyzed by economic and administrative districts. Improving the sectoral and territorial structure of the economy is one of the most important tasks outlined in State Programs for various years and categories. This topic has been thoroughly studied, and a map of the development dynamics of newly created job positions and economic objects over the past 20 years was prepared. The article also investigates problems and solutions for increasing employment in newly created service sectors within the autonomous republic. The impact of various socio-economic and political factors on the population’s reproduction rate and the intensity and direction of migration in economic development is highlighted. By analyzing the socio-demographic aspects of economic development in detail, it is evident that eliminating deep disparities in the territorial and sectoral structure of the economy, ensuring the employment of the working-age population, and aligning industrial enterprises with market demands could promote sustainable development. For many years, the development of the non-oil sector has remained one of the main issues for the Republic of Azerbaijan, especially in the regions. In the Nakhchivan Autonomous Republic, achieving effective specialization in the agrarian-industrial complex is crucial for solving this problem.
Published Version
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