Scientific Collection «InterConf», (39): with the Proceedings of the 8th International Scientific and Practical Conference «Science and Practice: Implementation to Modern Society» (December 26-28, 2020) at Manchester, Great Britain


Analyses of the recent research and publications



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Materials of GREAT BRITAIN Conference

Analyses of the recent research and publications. According to this principle, the 
processes of increasing the investments in human resources, reducin the percentage 
indicator of poverty, developing the entrepreneurship, the social economic development 


SCIENTIFIC COLLECTION «INTERCONF» | № 3(39)
176 
of regions in addition to urban places, the restoration of the economic balance between 
regions, the elimination of the difference observed in the social lives of the regions, the 
employment of population, and the key directions of the growth of country economy for 
future years in the post-Soviet countries are analyzed for certain economic spheres in 
[2,5,6,7,8,9,10,11,12]. Also, in [1-11], the inclusive parameters and their role in the 
country economy are individually analyzed, and the reflection of the inclusive economic 
development within the development of the social-economic spheres of the country is 
specified. Adequate analyses show that investments in human resources, the development 
of infrastructure, the economic development through innovative methods, and the 
inclusive development of social spheres increase the tempo of the economic sustainable 
development in the country. For the future economic development of the countries, firstly, 
prioritization of the development of inclusive parameters in the country, the use of both 
social and economic efficiencies of the regions and the balancing of their development, 
the development of integration relations between the countries, including the increasing 
of the trade turnover between the countries, and the increasing of the quality of social 
services in the country may be assessed as the result of the analyses conducted in [4].  
The development of inclusive economic parameters, including foreign economic 
relations is the key condition for the acceleration of the integration of national 
economies of various countries at the international economic range. In order to meet 
this condition, countries should join economic integration flows, thus, try to increase 
their manufacturing capacities, manufacturing efficiencies and ultimately, the common 
wealth level of their populations. The inclusive economic development between the 
post-Soviet countries from this point of view may be accepted as the key factor in 
ensuring of the sustainable economic development between the countries.
It is possible to achieve economic development between the post-Soviet countries 
and make a substantial turn in the inclusive economic development between the 
countries by maximally using the advantages of the international labor distribution and 
intensively enhancing all forms of foreign economic relations. In order to realize this 
turn, these countries try to build bilateral and regional economic relations.


 SCIENCE AND PRACTICE: IMPLEMENTATION TO MODERN SOCIETY
177 
For the case that we study, we should mention that the relations between Russia, 
Belarus and the Republic of Azerbaijan in various spheres of economy, including 
energetics, agriculture, trade, pharmacy, tourism and etc. are developing and there are 
potential capacities to enhance the cooperation.

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