Call for Applications, “Building Regional Media Competence in Economic Reporting in Azerbaijan through the German Experience”, Training of Trainers (ToTs) 2018

education-and-training

Call for Applications, “Building Regional Media Competence in Economic Reporting in Azerbaijan through the German Experience”, Training of Trainers (ToTs) 2018 We are looking for young professional journalists, student journalists in their final year of university, and NGO workers from the media sphere based in Baku to participate in a training program to address specific skills... Read More

Azerbaijan’s country-wide electricity blackout: Problems, Causes, and Results

elektrik_enerji

Azerbaijan’s country-wide electricity blackout: Problems, Causes, and Results The problems that occurred in the supply of electricity in Azerbaijan as a result of an accident in the Mingachevir Thermal Power Plant (TPP) in the first week of July caused rightful concern among the public. This accident brought the energy security of Azerbaijan into question, as it revealed serious... Read More

Research Paper: Inventory of Energy Subsidies in the EU’s Eastern Partnership Countries

renewable-energy

Research Paper: Inventory of Energy Subsidies in the EU’s Eastern Partnership Countries CESD Research has been published by the OECD Press Governments have long relied on energy subsidies to advance specific development goals or address market failures. The most common argument for introducing and maintaining energy subsidies is that they support important domestic policy objectives,... Read More

Amendments to the 2018 State Budget in Azerbaijan: Back to the oil boom period?

budget

Amendments to the 2018 State Budget in Azerbaijan: Back to the oil boom period? As expected, in the 2nd week of June, the Azerbaijani government started to revise the state budget and make amendments to it. It should be noted that the higher-than-expected prices of hydrocarbon products in global markets have created a basis for the revision of the state budget, a practice frequently... Read More

A decline in the Central Bank’s reserves and growth in demand for foreign currency in Azerbaijan: What’s next?

oil_economy_Azerbaijan

A decline in the Central Bank’s reserves and growth in demand for foreign currency in Azerbaijan: What’s next? Demand for foreign currency auctions is increasing, foreign currency reserves of the Central Bank are decreasing and the Manat money base is getting smaller. These developments occurrence raises a question in the minds of stakeholders: will the current status quo of... Read More

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

iran-sanctions_impact

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

fed-interest-rate

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?

oil_fund

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

azerbaijan_economy

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

oil_last

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