Review Article
Sevdim Oglu KE
Abstract
The critical analysis of scientific approaches to the problems of socio-economic foundations of democratization of modern Azerbaijan society is conducted within the framework of the article. The analysis of historical retrospective and meaning of democratic foundations of state life arrangement is conducted and the examples of realization of democratic basis in the developed countries of the world are stated.This article is focused on the analysis of interrelation between democracy and economic development. Thus, it was marked in the article that market economy favours democracy due its socio-economic outcomes.The author conducted analysis of the basic economic indicators of economic development of the Republic of Kazakhstan which radically laid the basis for forming the system of social democratization.The role of democratic transformations in the modern Azerbaijan society and their positive effect on the future of this country is shown. The effect of social and economic processes on democratization of Azerbaijan society is studied.Based on the conducted analysis the author has drawn a conclusion that the economic development on the basis of market economy created favourable conditions for democratization of society. The author also offered the ways of solving basic problems and directions to increase human potential in the Republic of Azerbaijan.