The EU Portal cites the CESD report

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The EU Portal cites the CESD report Commonspace.eu is one of initiatives in European Union referenced CESD’s researches Commonspace.eu portal cited CESD’s report, in its January 03, 2019 article entitled “Oil prices fall in Asian markets as a result of oversupply and volotile markets”. The article analyses impacts of low oil price on energy exporter countries including Azerbaijan.... Read More

Call for Applications: CESD Spring Internship Program in Azerbaijan

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Call for Applications: CESD Spring Internship Program in Azerbaijan The Center for Economic & Social Development (CESD) is pleased to announce the CESD Spring Internship Program. An Internship opportunity for the months of February-April 2019. The offer is valid for local and international applicants. The internship opportunity will last up to 3 months period with possibility... Read More

74.0 % of SOFAZ’s 2019 revenue will be transferred to the state budget in Azerbaijan

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74.0 % of SOFAZ’s 2019 revenue will be transferred to the state budget in Azerbaijan Transfer to the state budget will reach 98.0 % of total fund’s expenditure The 2019 budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) has been approved. According to the budget, SOFAZ’s revenues for 2019 will be at 15 billion 450 million manat ($ 9.08 billion US), expenditures... Read More

CESD: Low oil price negatively affects on the currency market in Azerbaijan

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CESD: Low oil price negatively affects on the currency market in Azerbaijan The significant decline in oil prices on world markets is due to a multitude of international factors in the social, political and economic spheres. In particular, the decline caused an increase in US oil production. The remarks came from economic expert Vugar Bayramov, Chairman of Center for Economic and... Read More

The CESD Assessment on the 2019 State Budget Project

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The CESD Assessment on the 2019 State Budget Project The current external macroeconomic conditions observed throughout the year of 2018, such as increasing rates by FED/ECB, exerts certain pressure on the economies of developing nations. Despite hovering well-over its predicted value for most of the year, the recent decline in the price of oil once again puts question marks for... Read More

The Azerbaijani economy in the first nine of 2018: Brief Overview

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The Azerbaijani economy in the first nine of 2018: Brief Overview CESD – the Center for Economic and Social Development – concluded its macro-economic survey results for the first nine months of 2018. According to the State Statistic Committee of Azerbaijan, Gross Domestic Product (GDP) increased by 0.8 % in January-September 2018 compared with the same period of previous year:... Read More

Social Entrepreneurship and the Private Sector: How does the Social Sector promote sustainable development?

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Social Entrepreneurship and the Private Sector: How does the Social Sector promote sustainable development? United Nations organized next round of innovative delivery of SDGs workshop in Tbilisi with participation of representatives from Southern Caucasus republics on October 18-19, 2018. The topic of the event was “Social Entrepreneurship and Labor Migration”. CESD had a presentation... Read More

Baku-Tbilisi-Kars: Regional Implications and Perspectives

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Baku-Tbilisi-Kars: Regional Implications and Perspectives The establishment of the Eastern Partnership (EaP) policy as a part of the European Neighborhood Policy (ENP) sets new objectives for the deepening of cooperation between the EU and EaP countries, and the greater integration of the EaP based on shared norms, values and standards. Forming the eastern divide of the ENP, Armenia,... Read More

Azerbaijani National Currency: Is the Current Status Quo Sustainable?

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Azerbaijani National Currency: Is the Current Status Quo Sustainable? Currently, in Azerbaijan and the Caucasus, the situation in the economies of the region is quite variable. On the other side of the ocean, the US Federal Reverse System has been continuously raising the key interest rate. In Russia, the ruble depreciated due to existing and probable sanctions, in Turkey, economic... Read More

Residents of Azerbaijan may have to pay off more credit than bargained for

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Residents of Azerbaijan may have to pay off more credit than bargained for Vuqar Bayramov: “2.5 million citizens have bank debt, or approximately one fourth of the country’s population”. The Constitutional Court of Azerbaijan has delivered a verdict concerning a disagreement between borrowers and banks on how to pay off dollar-denominated loans – according to the old exchange... Read More