Global Journal of Business Management

ISSN 2736-1721

Global Journal of Business Management ISSN 6731-4538 Vol. 4 (6), pp. 001-005, June, 2010. © International Scholars Journals

Full Length Research Paper

Effective factors on economic development in East Azerbaijan, Iran

Hamidreza Alipour

Islamic Azad University, Rasht Branch, Rasht, Iran. E-mail: [email protected] .

Accepted 12 March, 2010

Abstract

The current paper aims at presenting a pattern for the development of East Azerbaijan province, Iran, in a frame on national and regional developmental policies, which requires the formation of two basic processes: (a) To access and employ a mechanism which ultimately limits unnecessary consumption expenditures in the province and leads the surplus of economic output toward physical and human investment to modernize productive foundations. (b) To plan and utilize a set of strategies and development policies, by the mechanism indicated in the previous part to transform the surplus saved to human and physical investments conformed to the economic development needs. The studies on the model of development in Azerbaijan illustrate that for the purpose of actualizing the two processes mentioned above, basic reforms are necessary in the regional organizing and planning and achieving this aim requires employing a collection of proper strategies in politics, culture, training of experts and investment, information, management, economic systems. The factors mentioned are the elements which ought to be developed and expanded coordinately and the absence of each of these factors will stop the development process even when the other factors are fulfilled.

Key words: Economic development, regional policies, Azerbaijan.