Korkmaz Imanov, Corresponding Academician for Azerbaijan of the Real Academia de Ciencias Económicas y Financieras of Spain (RACEF), has shown how democratic progress in his country has influenced the growth and diversification of the Azerbaijani economy. Imanov studied also how political corruption, social permeability, labor productivity, taxation and environmental awareness condition the evolution of the economy.

Imanov has presented this afternoon in Barcelona a study on the effects of various socio-economic factors in the economy of his country in the period 2008-2010 in the light of fuzzy logic and the theory of the effects neglected developed by Arnold Kaufman and Jaime Gil Aluja, President of the RACEF. A study extrapolated to other realities and has as otigin the report submitted last year for the Financial and Economic Observatory of the RACEF on Azerbaijan.