Abstract
At present, the issues of expanding government intervention in the economy and advantages of state regulation are being discussed quite actively. At the same time, it is wrong to turn a blind eye to the problems caused by such interference. One of the “failures of the state” is connected with information asymmetry arising due to monopolization of information by employees of the state apparatus who use these advantages in their own interests. In any state system, there will always be the mechanisms of supporting the representatives’ exclusivity in relation to the rest of the population. The formation of an electronic government with the use of modern information and communication technologies allows significantly increase information transparency in the state structures. The article considers asymmetry of information held up by the power and conformism of the society maintaining the idea of privacy. In addition, the paper suggests a multi-level approach (macro-, meso- and microlevels) for managing competitive advantages, which allows balancing of economic interests in terms of reducing information asymmetry.
Highlights
The development of a country’s information space is the determining factor and marker of the progress level of the society
There are not any Azerbaijani researches in the field of corruption and positive impact of anti-corruption activity on minimizing the asymmetry of information [1]
The purpose of the work is justifying the need of ensure the information openness, which is impossible in view of an absence of legally fixed requirements for procedures and means of information and communication support for disclosure of governmental information in Azerbaijan
Summary
The development of a country’s information space is the determining factor and marker of the progress level of the society. Revolution in information technologies directly affects the political, economic, social and cultural spheres of public life, changes the shapes of people behavior, the attitude of citizens to authorities and their readiness work for the benefit of the state, and create values in the broadest sense of this word. Today in Azerbaijan the content of information material comes down to the description of separate acts of corruption; there is no practically uniform information that reflects the sources of venal practices, its negative consequences and positive examples of counteraction. A monopoly on information that has become an attribute of power leads to the fact that the authorities are not able to make rational decisions, at least in view of the lack of complete information required for such actions. The power is forced to act under conditions of limited rationality, which means bias in the process of regulating certain social processes. There are not any Azerbaijani researches in the field of corruption and positive impact of anti-corruption activity on minimizing the asymmetry of information [1]
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