CESD Brief: Joint Comprehensive Plan of Action, Trump, Iran and Azerbaijan: how to be a good neighbour in a turbulent geopolitical context?

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CESD Brief: Joint Comprehensive Plan of Action, Trump, Iran and Azerbaijan: how to be a good neighbour in a turbulent geopolitical context? In 2015, the Obama administration – in a joint endeavour with the other UN Security Council Permanent Members (UN SC P5) and Germany – drafted an agreement regarding the peaceful resolution of Iran’s nuclear program. The agreement was... Read More

Call for Applications: CESD Summer Internship Program in Azerbaijan

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Call for Applications: CESD Summer Internship Program in Azerbaijan The Center for Economic & Social Development (CESD) is pleased to announce the CESD Summer Internship Program. An Internship opportunity for the months of June-September 2018. The offer is valid for local and international applicants. The internship opportunity will last up to 3 months period with possibility... Read More

How Much Does Azerbaijan Really Earn from Higher Oil Prices?

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How Much Does Azerbaijan Really Earn from Higher Oil Prices? Fiscal revenues of carbohydrogen rich Azerbaijan is severely dependent on sales of oil, oil products and natural gas. From this point of view the change of oil prices in the global markets is considered as the main indicator for estimating the financial condition of the government. It should be noted that the price of... Read More

The Azerbaijan economy in the first quarter of 2018: Brief Overview

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The Azerbaijan economy in the first quarter (January-March) of 2018: Brief Overview CESD – the Center for Economic and Social Development – concluded its macro-economic survey results for the first two months of 2018. According to the State Statistic Committee of Azerbaijan, Gross Domestic Product (GDP) increased by 2.3 % in January-March 2018 compared with the same period of... Read More

Sharp decline in Azerbaijani oil output in March 2018

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Sharp decline in Azerbaijani oil output in March 2018 Azerbaijan produced 740,000 b/d of crude oil and 54,000 b/d of condensate, exported 629,600 b/d of crude oil, 54,000 b/d of condensate and 10,600 b/d of oil products in March 2018. According to Energy Ministry, average production by Azerbaijan made up 814,600 barrels of oil per day in January, 806,000 barrels in February in accordance... Read More

The national currency rate of Azerbaijan: after the presidential elections

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The national currency rate of Azerbaijan: after the presidential elections The subsequent destiny of the national currency’s (manat) exchange rate (after the presidential election in the Republic of Azerbaijan, April 11, 2017) is one of the main topics of public debate in recent weeks, as well as the main focus of the mass media. The main issue that disturbs public opinion... Read More

CESD Research Paper: Higher Oil Price: Sustainable or Temporary Economic Growth?

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CESD Research Paper: Higher Oil Price: Sustainable or Temporary Economic Growth? The purpose of the research is to demonstrate the influence of oil price change on Azerbaijan as a whole in order to provide the explanation for the major developments of economic and social policies. Furthermore, the paper studies the impact of increasing and stabilizing oil prices on Azerbaijan Economy... Read More

ISET’s Master’s Degree in Economics and English-language Bachelor’s degree program in Economics

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ISET’s Master’s Degree in Economics and English-language Bachelor’s degree program in Economics The International School of Economics at Tbilisi State University (ISET) accepts online applications for its highly-prestigious Master’s Degree Program in Economics and English-language Bachelor’s degree program in Economics. Azerbaijani applicants for Master’s Degree... Read More

The Azerbaijani economy in the first two months of 2018: Brief Overview

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The Azerbaijani economy in the first two months of 2018: Brief Overview CESD – the Center for Economic and Social Development – concluded its macro-economic survey results for the first two months of 2018. According to the State Statistic Committee of Azerbaijan, Gross Domestic Product (GDP) increased by 1.3% in January-February 2018 compared with the same year of previous year:... Read More

Sharp decline in Azerbaijani oil export in January 2018

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Sharp decline in Azerbaijani oil export in January 2018 Azerbaijani oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline fell by 33 percent in January 2018 compared January 2017. The country exported 1.6 million tons oil last month through the indicated pipeline which 0.8 million tons less than compared with the same month in 2017. Azerbaijan exported 550,000 tons of transit oil... Read More