Page 51 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.73, # 1, 2016, pp. 45-51

time, the government should reverse contractionary policies that aim to defend the
national currency, with expansionary policy. Expansionary policies will positively
affect to economic activity and aggregate demand, and eventually led to potential
acceleration of non-oil sector growth, increasing employment, as well as decreasing
social burden of government.
References
[1] Akio Matsumoto, Ugo Merline ad Ferenc Szidarovsky, Some notes on applying
the Herfindahl-Hirschman Index, University of Arizona Press, pages 83-90,
2010
[2] ―ECONOMIC diversification: The Road to Sustainable Development‖ Richard
Shediac, Rabih Abouchakra, Chadi N. Moujaes, Mazen Ramsay Najjar, -
http://www.strategyand.pwc.com/media/file/Economic-Diversification.pdf
[3] Regional Economic Diversity and Regional Economic Stability: Research
Results and Agenda,International Regional Science Review, p. 421-443,
October 2003
[4] Merlin Hackbart and Donald Anderson, On Measuring Economic
Diversification, Land Economics Journal, vol 54, February, p 123-167, 1978
[5] Labour market reforms since the crisis: Drivers and consequences 134-138
[6] Luetkepohl Helmut,Vector Autoregressive Models for Multivariate Time Series,
European University Press, p. 20-56, 2011

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