The national currency rate of Azerbaijan: after the presidential elections

valyuta_deyishme_menteqeleri

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?

oil_economy_Azerbaijan

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

ISET_2018

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

azerbaijan_economy

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

oil_last

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

The Economy of Azerbaijan in 2017: Assessment and Recommendations

oil_fund

The Economy of Azerbaijan in 2017: Assessment and Recommendations The year 2017 posed severe challenges for the economy of Azerbaijan, as it experienced a 3.1% decline in 2016, its first negative GDP growth since 1995. According to initial estimations of EBRD, the economy was expected to experience another negative GDP growth equal to 0.5% in 2017. However, The State Committee of... Read More

Foreign debt of Azerbaijan in 2018: realities and perspectives

debt_02

Foreign debt of Azerbaijan in 2018: realities and perspectives Azerbaijani foreign debt reached $9.398 billion USD, or 15.978 billion manat, on January 1st, 2018, according to the Ministry of Finance of the Republic of Azerbaijan. GDP reached 70.135 billion manat in the reporting period, leading the share of foreign debt in Azerbaijani Gross Domestic Production (GDP) to total 22.8%.... Read More

CESD remains the best think tank in the Southern Caucasus and Central Asia

fed-interest-rate

CESD remains the best think tank in the Southern Caucasus and Central Asia CESD – Center for Economic and Social Development – is the number one think tank in the Southern Caucasus and Central Asia, according to the University of Pennsylvania’s Global Go To Think Tank Index Report 2017. The report was submitted in Washington, DC and New York City, USA, on January 30th, 2018. CESD... Read More

The exchange rate outlook in Azerbaijan in 2018: Expectations and Challenges

valyuta_deyishme_menteqesi

The exchange rate outlook in Azerbaijan in 2018: Expectations and Challenges The exchange rate of the national currency of Azerbaijan, the manat, will remain the main focus of socio-economic policy in 2018. During the course of the year, factors that will have a positive effect on the exchange rate of the manat – the price of oil, balance of payments, fiscal policy, monetary... Read More

Sharp decline in Azerbaijani oil output in 2017

economic_changes

Sharp decline in Azerbaijani oil output in 2017 38.7 million tons of crude oil and 28.6 billion cubic meters of natural gas were produced in Azerbaijan in 2017, according to the State Oil Company of Azerbaijan Republic (SOCAR). The company produced 7.4 million tons of crude oil and 6.1 billion cubic meters of natural gas in the reporting period. According to the company’s report,... Read More