Page 6 - Azerbaijan State University of Economics
P. 6
“BREAKING” POINTS OF ECONOMIC RESEARCH PROCESS: REEDOM,
COINCIDENCE, OPPORTUNITY AND PROBABILITY
addressed to “absolutely”, unconditional use of “freedom” definition in
scientific-researches. In other word, acceptance of economic freedom as a
satisfactory and important condition for economic development from the point
of the principle of causality means extreme simplification of the economic
reality. For example, M.Altman, Professor of Victoria University, New
Zealand, notes that as a traditional indicator, economic freedom does not have
a satisfactory conditional quality of economic growth. Therefore
accountability and transparency are important in the management structure
[Altman M. 2010]. Kaufman [Kaufmann D. 2005] thinks that even
stabilization of economic freedom in high level can not affect the economic
development positively in poor management.
Economic freedom is able to fulfill its function where it acts as an
element of the functional relations system at least or is determined by other
components (for example: management principles).
In the research process, economic freedom appears in different forms
with level variety. This is the variety caused by the trajectory moving on
economic plane of just freedom.
ECONOMIC FREEDOM
Free Free Freedom of
will choice action
Picture 1. Level variety of economic freedom
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