Page 6 - Azerbaijan State University of Economics
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“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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