debt_02

Foreign debt in Azerbaijan: realities and perspectives

Foreign debt in Azerbaijan: realities and perspectives According to the Ministry of Finance of Azerbaijan Republic, the external public debt of the country constituted $ 7,651 billion US (12,402 billion manat) in October 2016. The ministry has reported that the debt to the Gross Domestic Product (GDP) ratio stands at 20.1 percent. The external public […]

About CESD

The Center for Economic and Social Development is a leading independent economic think tank in Azerbaijan. It's mission is to promote research and analysis of socio-economic issues in order to positively influence the public policy decision-making process.

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gas_house

The CESD Exclusive Assessment: Causes and Consequences of Rising Utility Prices in Azerbaijan

The CESD Exclusive Assessment: Causes and Consequences of Rising Utility Prices in Azerbaijan The regular meeting of the Tariff (Price) Council of the Republic of Azerbaijan held on November 28, 2016 re-examined the sale prices of natural gas, electricity, heating oil, jet fuel. According to the appeal made by the State Oil Company to the […]

renewable-energy

POLICY BRIEF PROGRESS OF ENERGY UNION IMPLEMENTATION: THE CASE OF AZERBAIJAN

POLICY BRIEF PROGRESS OF ENERGY UNION IMPLEMENTATION: THE CASE OF AZERBAIJAN Azerbaijan’s tradition in the business of oil and gas started in the 1800’s with the involvement of international oil companies and thanks to the fossil-energy Azerbaijan turned to be one of the world´s biggest oil producers. Taking into consideration the current status in the […]

budget

The CESD Independent Assessment on the 2017 State Budget Project

The CESD Independent Assessment on the 2017 State Budget Project According to the legislation on the Budget system, the legislative project on the state budget of the Republic of Azerbaijan for 2017 and the state and consolidated budget projects of 2017 were publicized on 29th of September, 2016. It has been three years that the […]

oil_last

Azerbaijan Economy in the First Ten Months of 2016; Brief Overview

Azerbaijan Economy in the First Ten Months of 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first ten months in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.7 […]